Professional Corporation or Professional Limited Liability Company
If you are a licensed professional in North Carolina your business should be structured as a Professional Corporation (PC) or a Professional Limited Liability Company (PLLC). This must be done if you are going to be providing licensed professional services. This will allow you to do business with protection from some liability but not all. There are also certain tax advantages to forming a professional entity. This process is done differently from nonprofessional corporation or Limited Liability Company.
To form a Professional Corporation or a Professional Limited Liability Company contact the appropriate licensing board and find out their specific licensing requirements as each licensing board has specific requirements. You then must file articles with the North Carolina Secretary of State (http://www.secretary.state.nc.us/). These forms are different from forms used by nonprofessional businesses.
In North Carolina the name of the business may have certain requirements. You should check with your specific licensing board to be sure you are in full compliance. For example, a dentist in North Carolina is required to have their name in the title of the business. As a professional organization you are always subject to the regulations of your relevant professional licensing board.
We at Connors Morgan realize this can be an overwhelming and confusing task when you are starting your professional services business. We are here to assist you every step of the way. We provide flat fee cost for forming whatever type of business you decide works best for you. We sit down and answer questions for you about the process. We will file all necessary paperwork and also make sure you have other legal documents necessary to get your professional organizations up and running properly. Contact us today at 336-333-7907 to assist you in getting your professional business up and going.