Are you a professional (dentist, lawyer, accountant) looking to start your business? Then you WILL need a California Professional Corporation. Learn inside!
If you’re a doctor in California, you SHOULD form a professional medical corporation taxed as an S-Corporation and cannot open as a traditional LLC.
California law prohibits doctors from forming LLCs or a traditional corporations for their medical practices. Instead, you must register as a Professional Corporation.
If done incorrectly, your Professional Corporation can be rejected by the Secretary of State, leaving you vulnerable to potential lawsuits and fines from various government agencies. You may even face discipline from the Medical Board of California.
As a Business Lawyer for Professionals, I’m assisted hundreds of doctors and physicans just like you start their Professional Corporation and I can definitely help you start yours.
California Professional Medical Corporation Benefits
A Professional Medical Corporation is a special type of corporation that doctors and physicians must form if they’re offering a professional service (for basically working as a doctor or opening a medical practice).