You must first choose the type of business structure you want to include. If you’re unsure, it’s a good idea to speak with an accountant or attorney who can assist you in weighing your options. You must submit the required documentation to the state once you’ve chosen the sort of business you want to add.
If a company wants to operate in Georgia under a name other than its legal name, it must submit a “Certificate of Assumed Name” to the Secretary of State’s office. A “Doing Business As” (DBA) registration is another name for this. You must submit a DBA registration for any new business you’re include in your LLC.
An LLC is not the same thing as a DBA. An LLC is a business entity that shields its members, or owners, from responsibility. Contrarily, a DBA is just a mechanism for a company to conduct business under a name different than its legal one. A DBA can be used while running a business as a sole proprietorship, partnership, or LLC.
No, a DBA and a single proprietorship are not the same thing. In a sole proprietorship, the owner is legally responsible for paying any debts and obligations incurred by the company. As was already established, a DBA is only a mechanism for a company to conduct business under a name different than its legal one.
You must include both your legal name and the name you plan to conduct business under when you register a DBA in Georgia. It is important to use your legal name exactly as it appears on identification cards and other legal papers. If your legal name is “John A. Smith,” for instance, you shouldn’t register with “John Smith” or “J.A. Smith” as your legal name.
In conclusion, if you wish to add a new business to your current LLC in Georgia, you must register it under a DBA. You can then use a name other than the legal name of your LLC to run the new company. It’s critical to remember that a DBA does not offer liability protection and is not the same as an LLC. Consult with a professional if you’re unsure of what kind of business structure is ideal for you.