Virginia Articles Of Incorporation Professional Corporation is a legal document that is filed with the Virginia State Corporation Commission (SCC) to form a Professional Corporation in Virginia. A Professional Corporation (PC) is a type of corporation that is owned and managed by licensed professionals, such as lawyers, doctors, accountants, engineers, etc. This document sets out the basic information about the business such as its name, address, purpose, and the names and addresses of the incorporates. Additionally, it establishes the shareholders, directors, and officers of the corporation, and outlines the legal rights and obligations of the corporation and its owners. There are two types of Virginia Articles Of Incorporation Professional Corporation: (1) a General Professional Corporation (GPC) and (2) a Limited Professional Corporation (LPC). A GPC is a Professional Corporation that can offer services in any profession, while an LPC is limited to one profession.
Virginia Articles Of Incorporation Professional Corporation
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FAQ
What is a Professional LLC (PLLC )? Professional Limited Liability Companies (PLLC) provide specific services outlined in the Code of Virginia. Typically, these services require a license, certification, or other legal authorization. Only businesses who provide these types of professional service can set up an PLLC.
To incorporate your company, you must file the Articles of Incorporation with the Virginia State Corporate Commission (SCC). You can file online, or download the PDF from the Virginia SCC website and submit via mail or in person.
Complete and file Virginia Articles of Organization The business name. Its specific and sole purpose. Information about the registered agent. Number of members with contact details. Registered office and principal office. Signature.
Professional limited liability companies The difference between the two is that the PLLC has some restrictions on who may be a member of the PLLC and the limitation of liability of the members. With an LLC, anyone can be a member, or owner, of the business.
The main difference between a PLLC and an LLC is that the PLLC Act imposes restrictions on who may be an owner of a PLLC. A PLLC is only for professionals recognized in Virginia through applicable licensing or certification. ingly, for most Virginia PLLCs, all members must be professionally licensed.
A member of the Virginia State Bar. a member or manager of the PLLC. an officer or director of a corporation that is a member or manager of the PLLC. a general partner of a general or limited partnership that is a member or manager of the PLLC.
Professional services businesses Virginia allows professionals, such as accountants, attorneys and physicians, to form a professional limited liability company (PLLC). After forming a limited liability company (LLC) , you must undertake certain steps on an ongoing basis to keep your business in compliance.