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Professional corporations (PCs) are specialized entities organized and operated solely by licensed professionals such as attorneys, accountants and doctors. Unlike a business corporation, the officers, directors, and shareholders are generally all required to be licensed professionals.
Advantages Members of a PLLC aren't personally liable for the malpractice of any other member.PLLC members are not personally liable for business debts and lawsuits, such as unpaid office rent. The PLLC can choose to be taxed as a pass-through entity or as a corporation.
You are responsible for securing all business licenses and permits your PLLC may need to operate legally in Nevada. In general, all businesses active in Nevada need to obtain a state business license from the Nevada Secretary of State.
Forming a PLLC in Nevada requires the submission of Articles of Organization. Once filed and stamped, the state then legally recognizes your PLLC. There is a filing fee of $75 for the Articles of Organization and a fee of $150 for the initial list of members.
How to Start an LLC in Nevada Choose a Name for Your LLC.Appoint a Registered Agent.File Articles of Organization.Prepare an Operating Agreement.Obtain an EIN.File Annual Reports (Annual List)
It costs $425 to form an LLC in Nevada. Filing the Articles of Organization costs $75. The state business license costs $200, and the list of managers and members costs $150. Your LLC is not official and open for business until you complete the filings and pay the required fees.
As a licensed professional in Nevada, you can structure your business as a Nevada professional limited liability company (PLLC). This will give you protection from several important types of liability.
A professional limited liability company, or PLLC, is a specialized type of LLC used by certain licensed professionals in many states. A limited liability company, or LLC, is a particular way of organizing the structure of a business.