Welcome to our Help Center 👋

Does an LLC have stock?

Overview of LLCs, Stock, and Ownership Interest
KJ
Written by Katharine Jiang
Updated 8 months ago

No. LLCs do not have stock. Only corporations do. 

LLCs are organized around "ownership interest." Each member of the LLC owns a certain % of the company based on the money they've invested in the capital account of the LLC. 

Corporations are organized around "stock." Each stockholder owns a certain % of the company based on the amount of stock issued to them. 

Note: LLCs that elect to be treated as an S-Corporation for tax purposes have stock.
WizForm is not a law firm and does not offer legal advice. The information in this article is based off independent research and should not be construed as legal advice. If you need legal advice, please consult an attorney. 
Did this answer your question?