Can You Have Multiple Businesses Under One LLC?

Can You Have Multiple Businesses Under One LLC?

October 22, 2025
 Min Read

Most entrepreneurs don’t stop at one idea. A Shopify store turns into a YouTube channel… then a service business.

But when it’s time to make things official, a big question pops up:

Do you need a separate LLC for each venture — or can one company cover them all?

The short answer: Yes, you can run multiple businesses under one LLC.

The smarter question is whether you should. Your decision depends on your goals, risk level, and how fast you plan to grow.

In this guide, we’ll break down how it works, the best legal structures to use, the tax implications, and how non-U.S. founders can manage multiple U.S. businesses efficiently with StartFleet.

Can You Have Multiple Businesses Under One LLC?

Yes — you can legally run multiple businesses under a single Limited Liability Company (LLC). The LLC acts as a single legal entity that owns and manages all your business activities, whether that’s an online store, consulting service, or digital brand.

Each venture can operate under the same company name or under separate “Doing Business As” (DBA) names that reflect different brands. All income and expenses flow through the same LLC, which means you’ll file one tax return and maintain one legal structure.

This setup is perfectly legitimate — and often preferred by entrepreneurs who want to manage several projects without forming multiple companies. However, it also means every activity under that LLC shares the same legal and financial responsibility.

Related reading: DBA vs LLC

Understanding the “Umbrella” LLC Structure

An “umbrella LLC”, also known as a holding company, is a parent entity that owns and controls multiple subsidiary LLCs beneath it. Instead of running all ventures directly under one company, you separate them into different legal entities—but keep them all under one owner.

This structure matters because it offers stronger liability protection. Each subsidiary operates independently, so if one faces a lawsuit or debt, the others remain legally insulated. It’s a setup used by entrepreneurs who want to expand safely across different industries or brands without exposing all assets to a single point of risk.

You’d typically use an umbrella LLC if:

  • You operate multiple brands with separate financials or business models.
  • You plan to sell, partner, or raise investment for one of them while keeping control of the others.

3 Legal Structures for Running Multiple Businesses

When managing more than one venture, you have three main ways to structure your operations.

Each approach balances cost, complexity, and liability differently.

1. Single LLC with Multiple DBAs

This is the simplest setup — one LLC legally registered, operating under multiple DBAs (“Doing Business As” names).

  • How it works: Each DBA represents a different brand or project, but all share the same EIN, tax filing, and legal identity.
  • Pros: Low setup cost, minimal paperwork, and a single annual tax return.
  • Cons: Shared liability — if one brand faces legal or financial trouble, the others can be affected.
  • Best for: Freelancers, small founders, and online creators running related or low-risk ventures.

2. Parent LLC with Subsidiary LLCs

Here, each business operates as its own LLC, owned and controlled by a single parent (holding) company.

  • How it works: Every subsidiary has its own EIN, bank account, and liability protection, while profits flow up to the parent LLC.
  • Pros: Strong asset protection and scalability; easier to sell or take investment in one venture without affecting others.
  • Cons: Higher maintenance costs and more complex compliance requirements.
  • Best for: Established entrepreneurs, multi-brand companies, or anyone managing high-value or high-risk ventures.

3. Series LLC (Limited States)

A Series LLC is a single “master” entity divided into separate internal units, or series, each functioning like its own mini-LLC.

  • How it works: Each series can hold different assets and liabilities, offering internal protection within one filing.
  • Pros: Independent liability shields for each business, all under one overarching LLC.
  • Cons: Still rare — many banks and payment processors are unfamiliar with the structure, and IRS guidance remains inconsistent.
  • Available in: Delaware, Nevada, Texas, Illinois, and a few other states.
  • Not ideal for: Non-U.S. founders, since the complexity often outweighs the benefit when forming remotely.

Pros and Cons of Having Multiple Businesses Under One LLC

Running multiple ventures under a single LLC can save time and money — but it also comes with trade-offs in liability and flexibility.

Here’s how the benefits and risks stack up:

Advantages Drawbacks
Cheaper setup — one state filing, one registered agent, and one annual report Shared liability — if one brand faces legal or financial trouble, all assets under the LLC could be at risk
Simpler tax filing — all income is reported under the same EIN and return Harder to separate income streams — bookkeeping must be precise to avoid mixing funds
Easier management for solopreneurs — one entity to maintain and renew Can confuse banks or payment processors if multiple brands operate under the same company name
More flexible — launch new ventures quickly without extra formation costs Harder to sell or spin off an individual business later since it’s legally tied to the same entity

When to Form Separate LLCs

While running multiple ventures under one LLC can work early on, there comes a point when separating them makes more sense — both legally and financially.

You should consider forming separate LLCs when:

  • You’re bringing in new partners or investors for one business but not the others.
  • One venture carries higher liability risk, such as selling physical products or managing client contracts.
  • You plan to sell, merge, or exit one brand independently.
  • You want clear, standalone tax reporting for each company’s income and expenses.

💡 Pro tip: If one business failing could financially harm the others, it’s time to form separate LLCs. That separation creates a legal firewall between your ventures — protecting your assets and giving each business room to grow safely.

Can You Have Multiple Businesses Under One EIN?

Yes — as long as all your businesses operate under the same LLC, they can share a single Employer Identification Number (EIN).

Each DBA (Doing Business As name) under that LLC can use the same EIN for tax filings, bank applications, and payment processor verification. The EIN identifies the entity itself, not each brand you run.

However, if you form new LLCs for additional ventures, each one will require its own EIN from the IRS. This distinction matters for bookkeeping and compliance — it’s what keeps each company legally and financially separate.

Tax Implications and Benefits

All income and expenses from your various ventures flow through the same tax return:

  • Single-member LLCs: Reported on Schedule C of your personal tax return.
  • Multi-member LLCs: Filed collectively through Form 1065.

There are also practical tax advantages:

  • Shared deductions — expenses like software, subscriptions, office space, or travel can apply across ventures.
  • Simplified compliance — one filing, one EIN, one accounting record.

That said, mixing funds between brands can create major problems. Commingled accounts blur financial lines and can “pierce the corporate veil,” removing your liability protection.

Note: Work with a qualified CPA to properly allocate income and deductions for each business — especially as your ventures scale.

Best Practices for Managing Multiple Brands

Once you start operating several ventures under one company, staying organized becomes your biggest defense against confusion and risk.

Here’s how to manage multiple brands effectively:

  • Maintain separate accounting for each business to track performance and simplify tax preparation.
  • Use modern bookkeeping tools such as QuickBooks, Wave, or Xero to keep clean records.
  • Draft independent contracts and use distinct branding for each DBA or subsidiary.
  • Conduct quarterly “liability check-ups” to review each venture’s exposure and determine whether it’s time to separate them into distinct LLCs.

Final Thoughts

You can run multiple businesses under one LLC—it's completely legal and often practical for early-stage entrepreneurs juggling multiple ideas.

But "can" doesn't always mean "should." Weigh your risks and goals carefully: Start simple with DBAs for low-overhead management, and as your ventures expand or diversify, consider forming separate LLCs or a holding company structure for enhanced liability protection and scalability.

This is not legal or tax advice; consult a qualified attorney or CPA to tailor the best approach for your situation.

Need Help Setting up your US Company?  

StartFleet helps you with your US Company formation. Apart from helping you to register a US company we offer a lot more:

  • LLC and Corporation formation in Wyoming, Delaware, Florida, New Mexico and all other US States
  • Over $500,000 perks from our partners
  • US Business Bank Accounts Opening
  • Expedited EIN Application
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