Professional Corporation Documents

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Commonly Asked Questions about Professional Corporation Documents

What is the primary document needed to incorporate a business?

A corporations formation document is typically called the Articles of Incorporation or Certificate of Incorporation, depending on the state. An LLCs formation document is typically called the Articles of Organization or Certificate of Organization.

What makes a corporation a professional corporation?

A professional corporation (abbreviated as PC), also known as a professional service corporation (abbreviated as PSC), is a type of corporation established by state statute that permits owners of certain licensed professions, such as attorneys, architects, engineers, accountants, and dentists, to own shares in a

Required documents What documents are needed for a corporation?

The document required to form a corporation in California is called the Articles of Incorporation. The information required in the formation document varies by state. Californias requirements include: Officers. Officer names and addresses are not required to be listed in the Articles of Incorporation. California Corporation Requirements - Wolters Kluwer wolterskluwer.com bizfilings state-guides wolterskluwer.com bizfilings state-guides

Governing document What document governs a corporation?

The most authoritative governing document is a charter or articles of incorporation or association, followed by the constitution, bylaws, and rules. A charter that establishes a non-profit organizations purpose and structure. Articles of incorporation that define a corporations legal existence and powers. governing document definition LSData - LSD.Law lsd.law define governing-document lsd.law define governing-document

What is the most important document required in order to form a corporation?

File Your Articles of Incorporation in California The state of California requires you to file Articles of Incorporation in order to legally create a Corporation. The Articles of Incorporation is a simple one page form (Form ARTS-GS) that contains all of the basic information required to register your business.

What documents are required for S corporation?

In order to become an S corporation, the corporation must submit Form 2553, Election by a Small Business Corporation signed by all the shareholders. See the Instructions for Form 2553 PDF for all required information and to determine where to file the form.

What are the name requirements for a professional corporation in NY?

New York law requires New York PC names to be unique and distinguishable from other business names and contain an appropriate corporate designation. In the case of a professional corporation, you will need to include professional corporation or PC in the name of your business.

What is a DPC in New York state?

New York law permits certain licensed professionals to form a professional corporation (PC), referred to by the New York statute as a professional service corporation, to shield the personal assets of shareholders from liability for debts of the business.

What are the two basic documents that govern a corporation?

While the articles of incorporation are externally-filed formation documents, bylaws are more of use to a company when used internally. Bylaws set the internal processes and organization of how the company should be run. Bylaws outline the rules and procedures for the management of a company.

Whats difference between professional corporation and LLC?

LLC members can run the business without any specific skills or certifications. Each owner in a PC must be a licensed professional to operate. Another difference between a PC and LLC is in how the entities are taxed.

CATEGORIES

Professional Corporation Documents

Manage Professional Corporation Documents effortlessly online

Video Guide on Professional Corporation Documents management

Commonly Asked Questions about Professional Corporation Documents

What is the primary document needed to incorporate a business?

What makes a corporation a professional corporation?

Required documents What documents are needed for a corporation?

Governing document What document governs a corporation?

What is the most important document required in order to form a corporation?

What documents are required for S corporation?

What are the name requirements for a professional corporation in NY?

What is a DPC in New York state?

What are the two basic documents that govern a corporation?

Whats difference between professional corporation and LLC?

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Professional Corporation Documents

Manage Professional Corporation Documents effortlessly online

Video Guide on Professional Corporation Documents management

Commonly Asked Questions about Professional Corporation Documents

What is the primary document needed to incorporate a business?

What makes a corporation a professional corporation?

Required documents What documents are needed for a corporation?

Governing document What document governs a corporation?

What is the most important document required in order to form a corporation?

What documents are required for S corporation?

What are the name requirements for a professional corporation in NY?

What is a DPC in New York state?

What are the two basic documents that govern a corporation?

Whats difference between professional corporation and LLC?

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