Keyword Analysis & Research: c corporation vs llc

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Frequently Asked Questions

Can a LLC own a C corporation?

The answer is yes, an LLC can effectively own and control a C corporation. Here too, the ploy of an S Corporation should be given due consideration because although an LLC can own a C corporation. It cannot do the same thing in the case of an S corporation.

What is the difference between S Corp and C Corp?

When a corporation is originally chartered by the state, it exists as a C Corporation. It will remain a C corporation unless the company wishes to elect S corporation status. The main difference between a C corporation and an S corporation is the taxation structure. S corporations only pay one level of taxation: at the shareholder level.


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