If an LLC is a single-member LLC that hasn’t elected to be taxed as a corporation, and if the owner of that single-member LLC is eligible under the strict requirements for ownership of an S corp, then that single-member LLC can have an ownership interest in an S corp. The answer to the reverse question-can an LLC own an S corp-is, in many cases, no. In other words, using LLC terminology, an S corp can become a member of an LLC. Is it possible for an S corporation to own an LLC? Yes, an S corporation can own an LLC. After sifting through all the information out there, you may be wondering, is it possible for an S corporation to own an LLC? Can an S Corp Own an LLC? ![]() ![]() For many new business owners, forming an LLC (limited liability company) or registering as an S corporation are the two most popular choices, as there are distinct advantages to each option. Before opening a new business, you need to decide on the best business structure.Īs part of your research, you’ve likely looked at S corp vs.
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