How to Use a Personal Name in an LLC

By Joseph Nicholson

An LLC is a distinct business entity organized under state law. It can register a name that is not already in use and is not so similar to a name in use by a competitor as to cause consumer confusion. You must be careful, however, that you keep your business distinct from your personal life to comply with IRS rules and to maintain the protection from liability.

An LLC is a distinct business entity organized under state law. It can register a name that is not already in use and is not so similar to a name in use by a competitor as to cause consumer confusion. You must be careful, however, that you keep your business distinct from your personal life to comply with IRS rules and to maintain the protection from liability.

Step 1

Submit your articles of organization with your personal name followed by "Limited Liability Company," or an abbreviation like LLC. State law generally requires that the registered name of your LLC specify the entity type. The state will conduct a search of other registered names and should approve the articles if the name is available and the other requirements are met. Alternatively, you could register under a different name and register a fictitious name (DBA) in your personal name.

Ready to start your LLC? Start an LLC Online Now

Step 2

Apply for an EIN in the name of the company. If you pay employees, the IRS requires the company have its own federal employer identification number. This will also be necessary to file your taxes if your LLC has more than one member.

Step 3

Open a bank account in the name of the company. Make sure the primary name on the account is the registered name of the business. If you pay employees, the company's withholding tax must be paid from this account. Alcohol, tobacco, firearms and certain federal excise taxes must also be paid from this account.

Step 4

Sign contracts that obligate the company in the name of the company. Make sure your signature in is your capacity as a member of the company and on behalf of the company.

Ready to start your LLC? Start an LLC Online Now
How to Notify Florida Department of Revenue of a Company Name Change

References

Resources

Related articles

How to Nationally Trademark a Name

What Is an LLC License?

Dissolving a Sole Proprietor Type of Business in North Carolina

LLCs, Corporations, Patents, Attorney Help

Related articles

How to Apply for an LLC in Texas

How to Set Up a Sole Proprietorship Using a DBA

How to Open an LLC Bank Account

How to Acquire an Abandoned Company Name

Browse by category
Ready to Begin? GET STARTED