Florida Professional Service Corporation Formation
Description
How to fill out Sample Bylaws For A New York Professional Service Corporation?
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FAQ
File Your Articles of Incorporation with Florida As of 2023, the filing fee is $35. Your articles must include the following: the name of your professional corporation. the street address of your corporation's principal office and the mailing address of the corporation, if different.
Difference Between a PLLC and a Professional Corporation PLLCs are comprised of members and determine ownership through member interest in the business. Professional corporations are comprised of shareholders and determine ownership through shares of stock.
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.
To form a corporation in Florida, you need to file a form called articles of incorporation with the Florida Department of State and pay a filing fee. The corporation's existence begins as soon as you file the articles of incorporation, unless the articles specify a later date.
A professional limited liability company, otherwise known as a PLLC, is a form of LLC specific to a licensed profession, such as doctors, lawyers, accountants, and more. Some states don't allow for licensed professionals to own LLCs, so professionals interested in the benefits of an LLC, must opt for a PLLC instead.