The National Directory of Certified Public Accountants

Ask A CPA - Limited Liability Entities

Can A LLC Be Owned By Another Business?

Yes, An LLC and a C Corporation may be owned by another business instead of individuals. S Corporations, Limited parnerships and Sole Proprietorships cannot be owned by other businesses.

If you need professional help with "Limited Liability Entities" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.