Do DBA need an EIN?
Can I run multiple businesses under one company?
Can an LLC own multiple properties?
The purpose of registering a DBA name is to notify the public that a particular person or business entity is conducting business under a name other than its legal name. Assumed name (DBA) laws are consumer protection laws.
What is the purpose of having a DBA?
The biggest difference between a DBA and an LLC is liability protection. Under a DBA, there is no distinction between the business owner and the business. On the other hand, an LLC provides limited liability protection. The business owners’ personal property remains completely separate from the business.
If you’ve formed an LLC and your LLC wishes to do business under a name other than its legal name (the name it was created with), you’ll be required to register a DBA in order to do so.
What comes first DBA or LLC?
Should I use a DBA?
Your DBAs are just your business nicknames, and therefore, you won’t have a separate EIN for a DBA. Not all businesses need an EIN. Whether you’re required to have one depends on how your business is organized and what kind of taxes it pays.
