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What is professional corporation?
Professional corporation (Professional corporations, those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed...
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What is a professional corporation?
A Professional Corporation, or P.C., following a company name indicates the structure of the corporation is that of licensed professionals. This is authorized by state law and includes a fairly...
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When was professional corporations created?
The first public company The Dutch East India Company (Vereenigde Oost-Indische Compagnie or VOC in Dutch, literally "United East Indian Company").A trading company, that was established in 1602
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Can the President of a corporation also be the tresuser?
Since, the President and the tresurer are different chairs, I don't think one person can hace both of them. In some cases the documents must be signd by tresurer and president, which ensures...
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Can a professional corporation be an s corp?
Yes, businesses that would normally be designated as Professional Corporations and taxed at a flat 35%, can choose to file a 2553 form (sub-S election) and become a pass-through entity for tax...