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Questions about S-Corporation

January 05, 2011 Asked by Paul McLaskey

question:


Two other questions, if I may:
1. Can an S corp. be set up with only ONE stockholder?
2. Can an S corp. own an LLC?
Many Thanks...


January 05, 2011 Answered by Alec Green

answer:


Paul,

The answer to both of your questions is yes. You be the sole stockholder of an S-corporation and an S-corporation can be a member (owner) of an LLC.


You are welcome to contact us directly via email or chat if you have any additional questions or want to get assistance with placing an order.

Good luck with your business,

Alec Green @
IncorporationAnswers.org


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