Florida Pllc Requirements Fort Myers Services
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How to fill out Florida Sample Operating Agreement For Professional Limited Liability Company PLLC?
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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.
One key difference between a PLLC and a Florida professional association is that a PLLC is comprised of members whereas a professional association, or PAPA, is comprised of shareholders. Ownership of a PA is based on shares of stock, whereas PLLC member ownership is based on membership interest in the business.
Florida requires LLCs to file an annual report, which is due on May 1. The filing fee is $138.75. Taxes. For complete details on state taxes for Florida LLCs, visit Business Owner's Toolkit or the State of Florida .
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.
Florida is one such state that allows professionals to form PLLCs. Similar to an LLC, PLLCs offer member protection against certain forms of debt collection and personal injury claims.