When registering a company whats the difference between an LLC and a Doing Business As
2006-06-28 09:14:55 · 7 answers · asked by bwgirl76 1 in Business & Finance ➔ Small Business
An LLC (Limited Liability Company) is a business entity with tax and legal benefits. A DBA is simply a trade name.
Ex: Widget Makers, LLC dba. The Red Widget Company.
2006-06-28 09:18:21 · answer #1 · answered by Thrasher 5 · 0⤊ 0⤋
An LLC is a limited liability corporation. It is actually a legal entity, recognized by the state, which is separate from its owners. It protects its members from liability to a certain extent. On the other hand, a dba isn't recognized as separate from the person dba the company, so if the company is sued, the person can be fully liable.
2006-06-28 16:19:36 · answer #2 · answered by cross-stitch kelly 7 · 0⤊ 0⤋
Sorry I dont know the difference. LLC is for Limited Liability Company.
2006-06-28 16:17:12 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If you are DBA it is (your name) doing business as (company name). Therefore, it is you who is liable for any losses. In an LLC, liability is deferred to the company itself.
2006-06-28 16:22:33 · answer #4 · answered by jlamb_2000 2 · 0⤊ 0⤋
with a LLC its the company on the line DBA its your own rear end.
2006-06-28 16:18:03 · answer #5 · answered by mrsdamico22 3 · 0⤊ 0⤋
llc is limited liability
2006-06-28 16:18:13 · answer #6 · answered by ? 3 · 0⤊ 0⤋
your liability if you get sued
2006-06-28 16:16:29 · answer #7 · answered by Anonymous · 0⤊ 0⤋