This Professional Limited Liability Company - PLLC Formation Package state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new Professional Limited Liability Company. The form contains basic information concerning the PLLC, normally including the PLLC's name, purpose and duration of the PLLC, the registered address, registered agent, and related information.
Oklahoma City Oklahoma Professional Limited Liability Company PLLC Formation Package
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Oklahoma City
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OK-00PLLC
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FAQ
Professional Limited Liability Companies With an LLC, anyone can be a member, or owner, of the business. State PLLC laws often provide that only licensed professionals can be members, or that a certain number of members must be licensed professionals.
In Oklahoma, it is not required for one or a group of professionals to form a PLLC instead of an LLC.
Professional services businesses Oklahoma allows professionals, such as accountants, attorneys and physicians, to form a professional limited liability companies (PLLCs)..
How much does it cost to form an LLC in Oklahoma? The Oklahoma Secretary of State charges a $100 fee to file the Articles of Organization. You can reserve your business name by filing an LLC name reservation for $10. Oklahoma LLCs are also required to file an Annual Certificate each year, the fee for which is $25.
With an LLC, anyone can be a member, or owner, of the business. State PLLC laws often provide that only licensed professionals can be members, or that a certain number of members must be licensed professionals. A PLLC cannot be used to shield the members from claims for malpractice.
Forming a PLLC in Oklahoma (in 6 Steps) Step One) Choose a PLLC Name.Step Two) Designate a Registered Agent.Step Three) File Formation Documents with the State.Step Four) Create an Operating Agreement.Step Five) Handle Taxation Requirements.Step Six) Obtain Business Licenses and Permits.
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.
A PLLC can elect to be governed by its members or managers. Unlike a PA, a PLLC's governing authority may include either appropriately licensed individuals, professional entities providing the same service as the PLLC, or both. PLLCs are not required to have officers.
A Texas PLLC is a limited liability company (LLC) formed specifically by people who will provide Texas licensed professional services. LLCs in general are businesses registered with the state that consist of one or more people?called LLC members?who own the business.