New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.


Do I need a separate bank account for DBA?

Asked by: Jason  — 8 August, 2012

I have an LLC and a DBA, do I need a separate bank account for each or can I have one for just the LLC and have everything run through that? What if I have more than one DBA, like a graphic design DBA and a web design DBA both under one “Creative” LLC?

Answered by: admin  — 8 August, 2012

Dear Jason,

Technically, you can have one account and add all DBAs to this account.

However, if you will be running different businesses under one legal entity (LLC), but using different DBAs its healthier to have separate bank accounts for each line of business (from bookkeeping point of view).

Ask Incorporation Question
Please enter your full name
Please enter your email address
Please select your phone number
Please select
Please enter text message
Begin Web-Stat code v 6.0