If you're a doctor, accountant, architect, or other professional, you may be thinking about operating your business as a professional service corporation or professional limited liability company.

If you're a doctor, lawyer, dentist, accountant, architect, or other licensed professional, you may be thinking about operating your business as a professional service corporation (P.S.C.) or professional limited liability company (PLLC). Forming a P.S.C. or a PLLC involves navigating legal and regulatory requirements to establish a business structure tailored to the specific needs of your profession. A P.S.C. typically offers limited liability protection to its shareholders, shielding personal assets from business liabilities, while a PLLC extends this protection to its members. Both entities require compliance with state licensing boards and often mandate that shareholders or members be licensed members of the same profession. Choosing between a P.S.C. and a PLLC depends on factors such as governance preferences, liability concerns, and state-specific regulations, highlighting the importance of thorough research and legal counsel during the formation process.

If you have questions about creating a business entity for your professional enterprise, give us a call at 253.858.5434 to set up an appointment today.