Starting a Business

Are my personal assets protected under a business set up as a DBA?

min read
Opinions expressed by Entrepreneur contributors are their own.
Your personal assets are NOT protected if you do business as a DBA. All the DBA certificate does is let people know who's behind the fictitious name that you created for your company. It does not provide you with any protection from the reach of creditors. You can only get that if you form a corporation, limited liability company, or other limited liability entity . . . AND maintain the annual records and formalities that the law requires of the entity. If you are concerned about protecting your home and personal assets (and if you're in business, you should be), speak to a business attorney.

More from Entrepreneur

Terry's digital marketing expertise can help you with campaign planning, execution and optimization and best practices for content marketing.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.