Get TX Certificate of Ownership for Incorporated Business or Profession

Texas professional associations are unique business entities. Their ownership is highly restricted, their operation is based on Texas corporate law, but they are not corporations, and while they may issue shares of stock, the people who hold those shares are called members rather than shareholders.

A PA, or professional association, is a business entity that is limited to specific professions. In contrast, an LLC, or limited liability company, is a hybrid between a corporation and a partnership. Each state has specific regulations for each type of business entity.

Professional Corporations Are Subject to Special Tax Treatment. A professional corporation is a classification based on state laws; it has no relationship to the IRS or tax code. A professional corporation can either be a C corporation or an S corporation.

A professional corporation must contain the words chartered, professional association, or P.A. ... For more information on fictitious names and to register a business name online, visit the Florida Division of Corporations Sunbiz (Florida Sunbiz) website.

A professional corporation is a state law classification it has nothing to do with the IRS or taxes. ... Most professional corporations that are regular C corporations are classified as personal service corporations for tax purposes.

A professional corporation, or PC, is one variation of a corporation. Licensed professionals who want to incorporate their practice can form a PC; however, the shareholders, directors, and officers must belong to the same profession.

The organizer of an LLC is the individual who submits the registration paperwork with the state agency responsible for business association filings. ... However, to serve as the registered agent of an LLC, that individual must maintain a physical address in the state where the LLC is being registered.

The "Organizer" is just the person filing the paperwork. Often an attorney is the "organizer" and then bows out after the members are brought in and issued their membership units. The members are the owners. And organizer could...

A registered agent is simply a person or entity appointed to accept service of process and official mail on your business' behalf. You can appoint yourself, or in many states, you can appoint your business to be its own registered agent.

An LLC Organizer is the person (or company) who takes responsibility for, and files, the LLC formation documents with the state. They are the ones who are organizing (filing) the LLC. An LLC Organizer does not have to be a member (owner) of the LLC, but often they are a member.

How to Choose a Registered Agent. If you're forming a corporation or a limited liability company, you'll need to select a registered agent for your business and provide the agent's name and address on the formation documents you file with the state. Here's what you need to know before you choose an agent.

While some states allow professionals to form an LLC, others require professionals form a professional limited liability company (PLLC) as set out by state statutes. ... Unlike corporations, LLCs do not have to abide by shareholders' directives or hold annual meetings.

Professional corporations or professional service corporation (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians ...

A Professional LLC (PLLC) is a type of Limited Liability Company formed for the purpose of providing professional services. Professional services are those where a person is licensed by the state for the service they provide. In most states, all members of a PLLC are required to be licensed.

A professional corporation is a business entity composed of specific types of professionals, set up according to state law. A personal services corporation is a taxing entity set up under the regulations of the IRS. But there is much more to the differences between these two types of businesses.