Get the free Professional Limited Liability Company Certificate of Organization - sec state ma
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This document serves as the formal certification for the organization of a Professional Limited Liability Company in Massachusetts, detailing the company's structure, members, and compliance with
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How to fill out professional limited liability company
How to fill out Professional Limited Liability Company Certificate of Organization
01
Start by obtaining the Professional Limited Liability Company (PLLC) Certificate of Organization form from your state's Secretary of State website or office.
02
Provide the name of your PLLC, ensuring it includes 'Professional Limited Liability Company' or its abbreviation (PLLC).
03
List the principal office address of the PLLC.
04
Include the name and address of the registered agent who will receive legal documents on behalf of the PLLC.
05
Specify the duration of the PLLC, if not perpetual.
06
Indicate the professional services that the PLLC will provide.
07
Include the names and addresses of the members (owners) of the PLLC.
08
Review all information for accuracy.
09
Sign the certificate, usually by a member or manager.
10
Submit the completed form with the required filing fee to the state's Secretary of State office.
Who needs Professional Limited Liability Company Certificate of Organization?
01
Individuals or groups of professionals who wish to offer services in fields such as law, healthcare, accounting, engineering, or other licensed professions.
02
Existing businesses that want to reorganize as a Professional Limited Liability Company for liability protection and tax benefits.
03
Those seeking to ensure compliance with state laws governing professional services while limiting personal liability.
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People Also Ask about
What is a limited liability company in English law?
Limited liability means the business's shareholders and directors are not legally responsible for its debts if the company cannot afford to pay them.
How much does it cost to get a PLLC in Illinois?
The filing fee paid to the Illinois Secretary of State to file the Articles of Organization to for the PLLC is $150.00. There is an additional fee of $100.00 for expedited filing service. The standard PLLC application filed with the IDFPR is $50.00.
What does professional limited liability company mean?
A professional limited liability company (PLLC) is a business structure that offers personal asset protection for business owners in licensed occupations, such as medicine and law. Only recognized in some states, PLLCs are subject to the same laws as ordinary LLCs.
What are the disadvantages of a PLLC?
A key benefit of the PLLC is that it shields your personal assets from liability associated with your professional services, just like an LLC. However, PLLC members also carry their own malpractice insurance.
Does an LLC have a Certificate of Organization?
You must also fill out and file the LLC corporate franchise tax form, which is included with the certificate of organization form. California: Articles in California must be filed with the California Secretary of State. There is no processing fee. However, there is a $15 handling fee for in-person submissions.
What is a professional limited liability company?
What Is a Professional Limited Liability Company? A professional limited liability company (PLLC) is a business entity. This entity is designed for professionals like doctors, lawyers, accountants, architects, and therapists. These professionals offer services like medical services, legal services, and more.
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What is Professional Limited Liability Company Certificate of Organization?
The Professional Limited Liability Company Certificate of Organization is a legal document filed with the state to officially form a Professional Limited Liability Company (PLLC), which provides liability protection to its owners while allowing them to practice certain licensed professions.
Who is required to file Professional Limited Liability Company Certificate of Organization?
Individuals or groups of licensed professionals, such as doctors, lawyers, or accountants, who wish to create a Professional Limited Liability Company to provide their services must file the Professional Limited Liability Company Certificate of Organization.
How to fill out Professional Limited Liability Company Certificate of Organization?
To fill out the Professional Limited Liability Company Certificate of Organization, you need to provide information such as the LLC name, the nature of the professional services, the names and addresses of the members, and the registered agent's details, ensuring compliance with state-specific requirements.
What is the purpose of Professional Limited Liability Company Certificate of Organization?
The purpose of the Professional Limited Liability Company Certificate of Organization is to legally establish a PLLC, thereby providing the structure for liability protection for the members while complying with state laws related to professional practices.
What information must be reported on Professional Limited Liability Company Certificate of Organization?
Information required on the Professional Limited Liability Company Certificate of Organization typically includes the LLC name, business address, purpose/description of services, member information, and details about the registered agent, along with any additional information mandated by the state's filing requirements.
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