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Level 3
posted Oct 7, 2020 12:05:08 PM

If a single member LLC has a DBA under it, will the DBA provide asset protection the the single member of the LLC? Example: MyCompany LLC doing business as MyLocalCompany

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2 Replies
Not applicable
Oct 7, 2020 12:09:35 PM

This is a legal question not a tax question. See a lawyer. 

Level 13
Oct 7, 2020 4:36:29 PM

I agree with @Anonymous that you need to consult with an attorney.

 

Having said that, a DBA is not an entity; so a DBA can't be under an LLC. 

 

The single member LLC is the legal entity that provides the legal protection.  Discuss this with an attorney so you know the next steps, which may involve getting some insurance.