
How to Form a Professional Corporation in FloridaNolo


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People also ask
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What's the difference between a corporation and a professional corporation?
One of the key differences between a corporation and a professional corporation is that the shareholders of a professional corporation must be licensed professionals who are authorized to provide professional services in their respective fields. This requirement does not apply to a regular corporation.
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What is a professional corporation in Florida?
A professional corporation (PC or professional corp for short) is a business entity intended to be formed by people in specific licensed professional service industries, such as attorneys, doctors, dentists or accountants. The exact industries vary by state but typically focus on these licensed professionals.
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How to form a professional association in Florida?
In order to form your professional association or professional corporation, you are required to file articles of incorporation. These articles will be filed with the Florida Division of Corporations and can be completed online or by mail.
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What is an example of a professional corporation?
Professional corporations are organizations of professionals in the same field or trade. These professionals include doctors, lawyers, accountants, and others. Unlike a general partnership or limited liability partnership, a PC offers both business owners and corporation owners liability protection.
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What is the difference between a professional corporation and an LLC?
PC is a solid choice for licensed professionals who want to run a joint venture with others. LLC is a cost-effective option for sole business owners to gain personal liability protection and then attract extra business members should they need to.
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What is the main difference between a professional and a regular LLC?
Because PLLCs are regulated, they typically have more restrictions on ownership and control. Professionals cannot delegate responsibilities or share ownership and control as easily as with a standard LLC. Doctors, lawyers, accountants and others forming a PLLC must maintain control and ownership of the business.
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Does Florida have professional corporations?
Filing Articles of Incorporation in Florida In order to form your professional association or professional corporation, you are required to file articles of incorporation. These articles will be filed with the Florida Division of Corporations and can be completed online or by mail.
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How much does it cost to set up a corporation in Florida?
How much does it cost to form a corporation in Florida? You can reserve your business name with the Florida Department of State DOS) for $35 (as of 2024). To file your Articles of Incorporation, the DOS charges a $35 filing fee and a $35 Designation of Registered Agent fee. The total filing fee is $70.
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