If I have a an S-Corp and want to restructure my business with a name change, should I change the corporate name or should I operate as a DBA?

What would be the most cost effective way?

Asked on February 23, 2015 under Business Law, Oregon

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

What are you trying to accomplish? If it's to just operate under a different name, then simply have your S-corp start doing business under a new name and register as appropriate with your state's department of state. If it's to escape liabilities of the existing business, then create a new S-corp. or limited liability company (LLC)--probably LLC is the better, simpler bet for most purposes (it has the same liability protection and tax benefits as an S-corp., but involves less paperwork and formalities).


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