Liability Pllc Fort Lauderdale
Description
How to fill out Florida Professional Limited Liability Company PLLC Formation Package?
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FAQ
PLLCs are composed of a member or members who own the business. However, only people providing Florida licensed (or otherwise legally authorized) professional services can form PLLCs. These licensed professions include certified public accountants, doctors, dentists, attorneys at law, and many others.
As a professional in Florida, you must possess an active license for the profession associated with the PLLC. Next, you need to file articles of organization with the Florida Division of Corporations. The articles of incorporation must include a statement of purpose for your PLLC.
Naming Restrictions: Florida has no restrictions on naming professional entities, unlike most states. However, the state laws specify that the name should include a designator at the end. The options are PLLC, P.L.L.C., Chartered, or Professional Limited Liability Company.
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.
A PLLC that is classified as an S Corporation must file a Form 1120S, which is an annual corporate income tax return. This Form 1120S is used to report profits or losses from the S Corporation, and these then pass through to the member's own income tax return, which allows them to avoid the self-employment tax.