Series LLC vs. DBA
Asked by: Jeff - 10 August, 2012
Is a series LLC in Illinois the same as a dba? I have Supernova Partners, LLC and Affordable Gas & Electric Company, LLC is a company under that series. It has it's own tax id, etc.
Is a series LLC in Illinois the same as a dba? I have Supernova Partners, LLC and Affordable Gas & Electric Company, LLC is a company under that series. It has it's own tax id, etc.
Answered by: Robert Kowalski - 12 August, 2012
Jeff,
Series LLC is not the same as DBA. DBA is basically an alias, and not an entity in itself, while series of SLLC each are types of legal entities with their own structure and limited liability.
Jeff,Series LLC is not the same as DBA. DBA is basically an alias, and not an entity in itself, while series of SLLC each are types of legal entities with their own structure and limited liability.
