What is different about forming a PC or PLLC? A PC or PLLC must have the approval by the proper state licensing agency, and may contain specific verbiage within the formation documents. Back to Top
Are There Name Restrictions to a PC or PLLC? The name you elect must reflect that you are a professional Corporation (P.C. or PC) or Professional Limited Liability Company (PLLC). There may be other restrictions placed by the licensing board as to what may need to appear in the name of your corporation or company. Back to Top
How is a professional entity taxed? Generally, the taxation of Professional Corporations and Professional Limited Liability Companies is the same as the standard Corporation or Limited Liability Company. Back to Top
What is the advantage of being a Professional entity? You should check with your licensing agency as to their specific requirements as to whether or not you must become a Professional entity. For further clarification as to the type of entity that is right for you, please review our new businesses section which lists the advantages of each type of entity, or check with your licensing board, CPA or attorney as to which type of entity may best benefit your personal situation. Back to Top
