Legal Question in Business Law in New Jersey
Business License
If I do a LLC business with one name and have several web businesses with different names can I put them under my LLC name?
3 Answers from Attorneys
Re: Business License
I agree with the other authors that you can have several different or similar businesses under the umbrella of a single LLC, merely by filing multiple DBA's for the prime LLC. I also agree that it might not be best for liability purposes to include them all together, as liability would attach to the combined business, even if only related to one. Since the net effect, tax wise, would wash in your income tax return, it might not be a bad idea to have multiple LLC's. There are pros and cons, and if you wish to discuss this further, contact me directly.
Re: Business License
Yes, the LLC can have "Alternative Names" filed with the State. Nevertheless, if the businesses are not related, you might be better off having separate LLC's to limit the liability. You should check this with a good LLC lawyer.
I hope his helps!
Ron Cappuccio
http://www.llclawyer.com
Re: Business License
Yes, you will need to file DBA's or doing business as under your LLC.
Related Questions & Answers
-
Is a Partner in an LLC a ''W-2'' Employee? My partner and I had a partnership that... Asked 9/20/07, 10:07 am in United States New Jersey Business Law