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In many states, more than one business can file the same DBA name at the local level. However, a DBA cannot include a corporate indicator such as Inc. or an LLC indicator such as LLC, unless the business is a corporation or LLC.alled a Doing Business As (DBA) filing, this action allows your company to legally operate under a trade name, also known as an assumed or fictitious name. By having a DBA name, it's possible for sole proprietors and general partners to do business using a name other than the owners' personal name.
1 In order to be treated as a partnership, an LLC must have at least two members. 2  An S corporation can have one shareholder. 3  Although all states allow single member LLCs, the business is not permitted to elect partnership classification for federal tax purposes. Some states do not tax partnerships but do tax limited liability companies. 2  Minority discounts for estate planning purposes may be lower in a limited liability company than a corporation. 3  Since LLCs are easier to dissolve, there is greater access to the business assets.