I have an LLC (my wife and I) and wish to start an additional DBA (landscaping maintenece) with a separate indiviual. 1.Is the best DBA structure an S Corp?2 Does this individual need to set up there own LLC with ther own EIN or other type(what other options atre there?) then enter into the DBA ?3 Does this DBA need it's own EIN or does it/our part run through our LLC
Country relating to Question: United States
State (if USA): Oregon
Good afternoon. 1) Either an S Corp or an LLC will produce the same results basically; then, once the entity was formed, if the entity wanted to operate under another name, the entity would file a DBA; 2) the two individuals would form one LLC, get an EIN for the entity; and then the entity could file a DBA if it was going to operate under a different name. 3) with more than one owner, the LLC will need to obtain its own EIN.
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Practiced law for 32 years; also business man
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