Pllc In Florida With Pool
Description
How to fill out Florida Sample Operating Agreement For Professional Limited Liability Company PLLC?
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FAQ
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.
The key difference between LLCs and PLLCs has to do with malpractice claims. As with a regular LLC, PLLC owners are shielded from personal liability for business debts and lawsuits, and they are not liable for malpractice committed by their business partners.
While an LLC and PLLC both provide personal limited liability protection, a PLLC will not protect you from claims of malpractice or wrongdoing. However, a benefit of a PLLC is that the wrongdoing of one individual member does not create liability for other members.
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.
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.