a corporation engaged in providing professional services where a member of a profession governed by its professional body allows its members to practice through a corporation as opposed to a sole proprietorship or partnership
a corporation that carries on the professional practice of an accountant, dentist, lawyer, medical doctor, veterinarian, or chiropractor
an individual or group of individuals, all of whom are required by law to be licensed in their profession or to obtain other legal authorization, incorporated for the purpose of rendering the same professional service to the public
a special form of incorporation for selected professionals such as doctors, lawyers, accountants etc
a special kind of corporation for members of certain professions, e
a special kind of corporation that only members of certain professions, such as accountants, architects, attorneys, doctors and other healthcare workers, can create
a well known and highly respected law firm in the Rocky Mountain region
professional corporations are corporations and limited liability companies organized for the purpose of providing professional services. What services constitute professional services are defined by state law, and differ from state to state.
A legal structure, typically formed by licensed professionals such as lawyers, doctors, and accountants. In this kind of structure, a professional is not free from personal liability for his or her own negligence. Unlike a general partnership, however, owners are not personally liable for the malpractice of other owners.
A Corporation that is organized for the purpose of engaging in a learned profession such as law, medicine or architecture. Professional Corporations must file articles of incorporation with the state which meet the state’s requirements for professional corporations.
A Corporation owned by licensed professionals in a given field whose sole purpose is to conduct business in that field.
Professional corporations are formed for professionals, such as doctors, lawyers, architects, engineers, and accountants. Professional corporation shareholders are personally liable to their clients for any professional malpractice.
A corporation organized for the purpose of engaging in a profession such as law, medicine, or engineering. Professional corporations must file articles of incorporation with the state which meet its requirements for a professional corporation.
A corporation whose purposes are limited to professional services, such as those performed by doctors, dentists, accountants and attorneys. A professional corporation is formed under special state laws that stipulate exactly which professionals are required to incorporate under this status.
Certain professions, such as law, medicine, or engineering, are not permitted to do business under ordinary commercial corporations or LLCs. In those circumstances, most states permit professional corporations, professional associations, professional limited partnerships and/or professional limited liability companies. The filings are much the same as for regular companies, but the professionals must be certified in good standing by the applicable licensing board. Normally claims for malpractice or negligence are not shielded by the liability shield, although everyday claims would be.
Members of this corporation are licensed professionals, like doctors, lawyers, accountants, etc.
A legal structure authorized by state law for a fairly narrow list of licensed professions, including lawyers, doctors, accountants, many types of higher-level health providers and often architects. Unlike a regular corporation, a professional corporation does not absolve a professional for personal liability for her own negligence or malpractice. The main reason why groups of professions choose this organizational structure is that, unlike a general partnership, owners are not personally liable for the malpractice of other owners. In some states, limited liability partnerships offer this same benefit and may be more desirable for other reasons.
An artificial person or entity, governed by charter, engaged in a business which provides a professional service to the public such as medicine or law.
A corporation whose members are all licensed professionals, such as doctors, lawyers, accountants and architects.