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3 Replies Last post: Mar 23, 2009 3:22 PM by LLCguy

Making a "division" in an incorporation

Jan 9, 2009 5:29 PM

Click to view saucicreative's profile Start-up saucicreative 2 posts since
Jan 9, 2009
Hi there! I incorporated my graphic design business in 2008. I also have a collaboration of other marketing professionals I team up with, and since then, formed another "branch," so to speak, of my corporation. This branch has it's own unique name and is marketed to a different group of potential clients than my main company.

I would like this to be a "division" or "branch" which will fall under the umbrella of my corporation.

How do I make this legal and do I need a DBA for the "division/branch?"

Many thanks for any help!

Kym
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,933 posts since
Aug 6, 2007
1. Re: Making a "division" in an incorporation Jan 9, 2009 6:04 PM
Making a "division" in an incorporation, Welcome Kym

It is SO hard to give GOOD advice when I only know part of the picture.

Go to Members page and share some info about yourself and your company.

Everybody in business should have a Lawyer and an accountant. Ask them,

LUCKIEST
Click to view saucicreative's profile Start-up saucicreative 2 posts since
Jan 9, 2009
2. Re: Making a "division" in an incorporation Jan 9, 2009 9:03 PM
in response to: LUCKIEST
Right. I'm just trying to educate myself before meeting with the attorney. I'm compiling a list of questions and researching answers, so I can speak somewhat intelligently about all of this. Thanks!
Click to view LLCguy's profile Mogul LLCguy 18 posts since
Mar 23, 2009
3. Re: Making a "division" in an incorporation Mar 23, 2009 3:22 PM
well you can do it one of 2 ways. One would be filing DBA under your corporations, and know that is anything were to happen with this company, either by being sued, breaching a contract ect.. Your corporation will be liable. or 2, you create a new corporation and have your existing corporation be a shareholder. This way if anything happens with one corporation it will not affect the other.