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New York Certificate of Incorporation (Domestic Professional Service...

New York Certificate of Incorporation (Domestic Professional Service Corporation)

Name: New York Certificate of Incorporation (Domestic Professional Service Corporation)
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.6 (426 reviews)

Category:

New York Secretary of State - Corporations and Business Entities - Business Corporation

State:

New York

Control #:

NY-DOS-1523

Format:

Instant download

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Certificate of Incorporation (Domestic Professional Service Corporation) A New York Certificate of Incorporation (Domestic Professional Service Corporation) is a legal document issued by the New York Secretary of State to form a professional service corporation in the state of New York. Professional service corporations are entities formed under special provisions that allow certain professionals, such as doctors, lawyers, or accountants, to practice their profession as a corporation rather than as an unincorporated business. The New York Certificate of Incorporation must include certain information, such as the name of the corporation, its registered office address, and the names and addresses of the initial directors. Additionally, the Certificate must include a number of clauses required by the New York Business Corporation Law (BCL) that govern the internal affairs of the corporation. The filing fee for a New York Certificate of Incorporation is $125. Types of New York Certificate of Incorporation (Domestic Professional Service Corporation) include: Professional Service Corporation (Medical), Professional Service Corporation (Legal), and Professional Service Corporation (Accounting).

A New York Certificate of Incorporation (Domestic Professional Service Corporation) is a legal document issued by the New York Secretary of State to form a professional service corporation in the state of New York. Professional service corporations are entities formed under special provisions that allow certain professionals, such as doctors, lawyers, or accountants, to practice their profession as a corporation rather than as an unincorporated business. The New York Certificate of Incorporation must include certain information, such as the name of the corporation, its registered office address, and the names and addresses of the initial directors. Additionally, the Certificate must include a number of clauses required by the New York Business Corporation Law (BCL) that govern the internal affairs of the corporation. The filing fee for a New York Certificate of Incorporation is $125. Types of New York Certificate of Incorporation (Domestic Professional Service Corporation) include: Professional Service Corporation (Medical), Professional Service Corporation (Legal), and Professional Service Corporation (Accounting).

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Ownership. New York requires all owners of a PC or PLLC to be certified professionals in the industry the business was formed for. PCs offer stocks to shareholders to signify ownership of the PC. PLLCs, on the other hand, call their owners members, who each have ownership interest in the business entity.

Professional corporation. noun. : a corporation organized by one or more licensed individuals (as a doctor, dentist, or physical therapist) especially for the purpose of providing professional services and obtaining tax advantages. abbreviation PC.

Other states' laws often provide itemized lists of professional services. These lists typically include, at a minimum, physicians, surgeons, dentists, lawyers, certified public accountants, professional engineers, architects, and veterinarians, but usually include other professions, as well.

Common professional corporation examples include those incorporated by engineers or architects, attorneys, doctors, accountants, etc.

While traditional corporations their professional corporations are mostly similar, there is one key difference: with professional corporations (such as C Corps), owners are protected from legal claims made against their business, unless the claim was a result of the owner's own mistake.

New York law permits certain licensed professionals to form a professional corporation (PC), referred to by the New York statute as a professional service corporation, to shield the personal assets of shareholders from liability for debts of the business. PCs offer stock to shareholders to signify ownership of the PC.

(4) "Corporation" or "domestic corporation" means a corporation for profit formed under this chapter, or existing on its effective date and theretofore formed under any other general statute or by any special act of this state for a purpose or purposes for which a corporation may be formed under this chapter, other

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

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To complete registration, you must mail the following items to The Office of the Professions. The filer must submit a completed Professional Corporations Corporate Contact Information Form.The completed certificate of incorporation, together with the filing fee and any applicable tax on shares, must be filed with the DOS, Division of Corporations. Instant access to fillable Microsoft Word or PDF forms. Minimize the risk of using outdated forms and eliminate rejected fillings. This certificate is filed with the NYS Department of State (NYSDOS). Form a professional corporation (PC) or professional limited liability company (PLLC) for your professional services. Form a PC corporation with BizFilings. A professional corporation shall restate its articles of incorporation under ORS 60. 451 and shall comply with ORS 58.

New York Certificate of Incorporation (Domestic Professional Service Corporation)

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