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What is a professional LLC in Washington state?

What is a Washington PLLC? A Washington PLLC is a limited liability company (LLC) formed specifically by people who will provide Washington licensed professional services. LLCs in general are businesses registered with the state that consist of one or more peoplecalled LLC memberswho own the business.

What is the difference between an LLC and pllc?

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.

What is the advantage of a PLLC?

Advantages. Members of a PLLC arent personally liable for the malpractice of any other member. This is a big advantage over a general partnership or sole proprietorship. PLLC members are not personally liable for business debts and lawsuits, such as unpaid office rent.

What is the difference between a LLC and pllc?

A PLLC is a kind of LLC specifically for licensed professionals. The difference between an LLC and a PLLC is mainly that only licensed professionals such as architects, doctors, lawyers and accountants can form PLLCs. Check with your state to determine if they permit licensed professionals to form a standard LLC.

What is an example of a limited company?

An example of this would be Green Construction Ltd. Any type of business can set up as a private limited company for example, a plumber, hairdresser, photographer, lawyer, dentist, accountant or driving instructor. The owners of a private limited company are known as shareholders .

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