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Definition of professional corporation : a corporation organized by one or more licensed individuals (such as a doctor or lawyer) especially for the purpose of providing professional services and obtaining tax advantages.
(b) A professional corporation shall engage in the practice of a profession only through its officers, employees, and agents who are duly licensed or otherwise legally authorized to practice the profession in this state.
Any person, partnership, association or corporation, singly or jointly with others but not more than 15 in number, may form a corporation for any lawful purpose or purposes provided that natural persons who are licensed to practice a profession, and partnerships or associations established for the purpose of practicing
Draft your own Articles of Incorporation. Download and fill out the Transmittal Form - Corporation (CD 227) from the Georgia Secretary of State website. Submit the completed Articles of Organization, transmittal, form, and $110 filing fee to the Secretary of States Corporations Division.
While traditional corporations their professional corporations are mostly similar, there is one key difference: with professional corporations (such as C Corps), owners are protected from legal claims made against their business, unless the claim was a result of the owners own mistake.
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Draft your own Articles of Incorporation. Download and fill out the Transmittal Form - Corporation (CD 227) from the Georgia Secretary of State website. Submit the completed Articles of Organization, transmittal, form, and $110 filing fee to the Secretary of States Corporations Division.
Professional corporations may exist as part of a larger, more complicated, legal entity; for example, a law firm or medical practice might be organized as a partnership of several or many professional corporations.
A California Professional Corporation may be a C-Corporation or an S-Corporation, and is organized to provide services in professions that require a state license in order to practice.
Professional corporations provide a limit on the owners personal liability for business debts and claims. Incorporating cant protect a professional against liability for his or her negligence or malpractice, but it can protect against liability for the negligence or malpractice of an associate.
If your business meets the qualifications, S corporation status allows you to avoid double taxation, thus increasing your net profits. In many states, licensed professionals are not permitted to operate as regular corporations. However, a professional corporation is an alternative that provides limited liability.

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