What would make a company choose LLC vs Inc? LLC is a way to combine the benefit of limited liability and pass-through taxation. However an LLC can’t have investors. On the other hand, C corporation is owned by the shareholders. C corporations are good for start-ups that plan to eventually go public. A C corp is also best for businesses that want to raise capital with investors or in businesses where liability is high. Thus it depends what a company is looking for, but a bigger and well established company would likely be an INC or C-corp.