dba_vs_corp
DBA vs. CORPORATION vs. LLC Corporation vs. LLC vs. DBA
Should you file a DBA, Incorporate, or Form an LLC In general, if you are one person, and have a lot of personal assets, incorporate or form an LLC.
In fact, go ahead and form an LLC regardless of your situation. You cannot go wrong with forming an LLC. If you do, you will be protected from, in most cases from both inside and outside liability.
If you don't have a lot of assets ( such as a home and an expensive car ), you may want to just file a DBA to start. A corporation, depending on the state you want to incorporate, or form an LLC, may cost $100 to $200 more than a DBA but it protects your personal assets.
A DBA does not protect you. If you file a corporation or an LLC, you don't need a DB A. Click here for an article that is more in depth about DBA, S Corp, and LLCs. |
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