If I have an S-Corp, can have multiple DBAs for it?

Get Legal Help Today

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

If I have an S-Corp, can have multiple DBAs for it?

I already have one DBA for the corporation but I want to add 2 more. However, these businesses are not related to each other.

Asked on April 18, 2013 under Business Law, California

Answers:

MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

You need to review your S-corp's bylaws and determine whether or not those other unrelated businesses could fall within the purview of the purpose of this business you have (S-corp). Many companies operate with d/b/a's in the same and different states but they all usually have a common purpose or business enterprise. If these businesses are not related, you don't want to open yourself up to liability of the other two if the one business gets sued. Commingling and separation of funds will be your primary consideration.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

secured lock Secured with SHA-256 Encryption