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PLLC: The Complete Guide to a Professional Limited Liability
What is a PLLC? A professional limited liability company (PLLC) is a business structure that offers personal asset protection for business owners in licensed occupations, such as medicine and...
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What is a PLLC: Everything You Need to Know - UpCounsel
Nov 2, 2020 · What Is a PLLC? PLLC stands for "professional limited liability company" and is like a limited liability company except run by licensed professionals like doctors and lawyers. PLLC and LLC have different restrictions and requirements. A company organized into an LLC is a legal entity. The owners of the company contribute to its funding but do not take personal responsibility.
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PLLC | What is a Professional Limited Liability Company?
Jul 7, 2022 · PLLC stands for “Professional Limited Liability Company”. What is a PLLC? A PLLC is a type of limited liability company owned and operated by individuals holding the same professional licenses in the same state. By definition, a PLLC can only provide services that are associated with the owners’ licenses.
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Professional Limited Liability Companies | PLLC | Nolo
What is a PLLC? A professional limited liability company ("PLLC") is a business entity designed for licensed professionals, such as lawyers, doctors, architects, engineers, accountants, and chiropractors. While many businesses choose to form a limited liability company ("LLC") because of the tax, limited liability, and other benefits, some states don't allow LLCs to be owned by professionals whose occupation requires a license.
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PLLC: What Is It? - The Balance Small Business
Sep 20, 2020 · A PLLC (professional limited liability company) Is similar to an LLC (limited liability company), except it can only be formed by licensed professionals. State laws guide the requirements for PLLCs, and not every state offers them as an option. PLLCs require approval by the relevant state licensing board before they can be formed.
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Forming a Professional Limited Liability Company (PLLC) | AllLaw
A PLLC is a pass-through entity, which means that the business does not pay corporate tax. The profits from the company flow through the business to the owners, who report their share of their profits on their personal tax returns and pay tax accordingly.
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What Makes an LLC Different From a PLLC? | LegalZoom
May 2, 2022 · A professional limited liability company, or PLLC, is a specialized type of LLC used by certain licensed professionals in many states. A limited liability company, or LLC, is a particular way of organizing the structure of a business. In general, the LLC combines some of the best features of a partnership with those of a corporation.
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PLLC vs LLC: Everything You Need to Know - UpCounsel
Jun 28, 2020 · A PLLC is a kind of LLC specifically for licensed professionals. The difference between an LLC and a PLLC is mainly that only licensed professionals such as architects, doctors, lawyers and accountants can form PLLCs. Check with your state to determine if they permit licensed professionals to form a standard LLC.
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LLCs | Alabama Secretary of State
Mail the $150.00 filing fee and two original copies of the "Foreign Limited Liability Company Application for Registration" to Alabama Secretary of State, Attention: Business Entities Division, P.O. Box 5616, Montgomery, Alabama 36103 or 770 Washington Ave., Suite 580, Montgomery, AL 36104. File Foreign LLC Online - Filing Fee $150.00.
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Rubin Lublin – A Boutique Real Estate Law Firm
Rubin Lublin. Welcome to Rubin Lublin, LLC (RL). We’re a boutique real estate law firm for one simple reason. Our size allows us to solve complex legal problems without forsaking the core values our company was founded on—to offer a select group of clientele in Georgia, Tennessee, Mississippi, and Alabama an exceedingly high level of customer service long lost on …
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