You Have Options with an IC-DISC
An IC-DISC can be owned by individuals, companies, trusts or any combination thereof. Typically, when the operating company is a flow-through entity, the IC-DISC will be structured to be owned by the operating company. This provides added flexibility for the operating company and its owners.
In cases where the operating company is a C-Corporation, the ownership must be by individuals or a separate flow-through entity in order to capture the tax savings available through an IC-DISC.
The following two diagrams show how the ownership works with individual ownership and corporate ownership. They also shows the flows of money between the operating company, IC-DISC and the owner(s) of the IC-DISC.