Professional Corporation Formation
For licensed professionals required to incorporate as a PC: physicians, attorneys, CPAs, architects, engineers, and other regulated practitioners.
What is a Professional Corporation?
A Professional Corporation (PC) is a corporate structure designed for licensed professionals · physicians, dentists, attorneys, architects, engineers, CPAs, psychologists, and other regulated practitioners. Most states require certain licensed professions to incorporate as a PC (or a Professional LLC, "PLLC"). The PC structure provides liability protection while preserving professional accountability · owners remain personally liable for their own malpractice but are shielded from co-owners' professional errors.
Who must form a PC instead of a regular corporation
- Physicians, dentists, optometrists, chiropractors, podiatrists
- Attorneys at law
- Architects, engineers, land surveyors
- Certified Public Accountants (CPAs)
- Psychologists, social workers, marriage and family therapists in some states
- Veterinarians
State requirements vary. Some states allow PLLCs as an alternative for the same professions. Both structures provide similar liability protection; PCs follow corporate governance (board, officers), PLLCs follow LLC governance.
What's included
- State formation filing for a Professional Corporation in your state of practice
- Coordination with your state professional licensing board where required (board pre-approval is required in some states)
- Articles of Incorporation drafted per state PC statute
- EIN application with the IRS
- Bylaws template appropriate to a single-shareholder or multi-shareholder PC
- Stock ledger and initial share issuance documentation
Many state PC statutes require all shareholders, directors, and officers to hold the same professional license. We verify this requirement up front before filing.
Pricing
On the $129/yr Compliance Annual Filings plan, we cover state late fees.
When you autofile your annual report through the $129/yr plan and we miss the deadline, we pay the state's late fee. The guarantee applies to that specific plan and the filings it includes. Other File.Business services are billed at the prices on this page.