The location of your company and the type of business you run will determine the answer to this inquiry. A business license in the city or county where an LLC operates is typically required. The reason for this is that an LLC must go by the same laws and rules as any other business because it is regarded as a separate legal entity from its owners.
Depending on your region and the kind of business you run, the cost of a business license can change. Depending on the type of business you run, Georgian business licenses, for instance, might cost anywhere between $75 and $400 annually. Additionally, you might need to register your business name as a trademark if you intend to operate under a certain name.
By registering a company name as a trademark, you can provide your brand legal protection and stop competitors from using a name that sounds similar to yours. Depending on whether you submit your trademark application electronically or by mail, the price to do so in Georgia might range from $225 to $325.
You could require a different bank account for each DBA (doing business as) if you run many firms under various identities. This will guarantee that the finances of your many business companies are appropriately divided. However, you might not need different bank accounts if you have several DBAs under the same LLC.
The answer to the question of whether you can trademark your DBA is yes. The trademarks you register under a DBA will be associated with your LLC because a DBA is not a different legal entity from your LLC.
To sum up, even if you have an LLC, you could still want a business license in order to lawfully run your company. Depending on where you live and the specifics of your industry, obtaining a company license and registering a trademark may cost different amounts. You may also require separate bank accounts if you use numerous DBAs, but you can still trademark your DBA under your LLC. In order to operate lawfully and safeguard your brand, it’s crucial to know the particular criteria for your industry, location, and type of organization.
Whether it is preferable to have several LLCs or DBAs depends on the particulars of the firm. A lawyer or accountant should be consulted to help you choose the right structure for your company. DBAs are generally easier to set up and less expensive, although LLCs generally offer better liability protection and asset separation between personal and corporate assets. However, if the company operates in various industries or has various business lines with various levels of risk, having many LLCs may be advantageous.