Tuesday 21 October 2014

If you set up an LLC, such as "Jones Family Companies, LLC" would each subsidiary company also need to be an LLC? Or. Could each be a d/b/a?

Question

If you set up an LLC, such as "Jones Family Companies, LLC" would each subsidiary company also need to be an LLC? Or. Could each be a d/b/a?



Answer

That would be one LLC. You can handle it any way you want, but without more information I couldn't tell you what your liability exposure might be.



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