Can a single member LLC own corporations?
This was selected as Best Answer Generally, yes, but there may be local law issues that prevent it in specific instances. For instance, many state corporate laws require that all shareholders of firms that provide professional services (i.e. law, accounting, medicine, dentistry, architecture, etc.) be licensed members of that profession. You would have to check whether local law allows such professionals to form single-member LLC’s, and if so, whether that LLC could be “looked through” for purposes of determining whether all members of the corporation are licensed professionals. Consult your corporate attorney for how the specific facts of your situation may apply.
