What Are the Advantages of Having a Professional Corporation?

Forming a professional corporation is often the natural next step for people who are hoping to achieve their dreams and become their own boss in whatever field they work in. Forming a professional corporation and officially incorporating is possible for almost any profession ranging from accountants, lawyers, healthcare professionals, etc. However, each state in the U.S. has different laws and regulations regarding who can form a professional corporation and how it must be done.

At Mollaei Law, we are intimately familiar with the ins and outs of forming a professional corporation and all the advantages that come along with it. In this article, we go over all the advantages that you can expect once you form your own professional corporation. If you are interested in learning more about incorporating or are hoping to form your own professional corporation, don’t hesitate to email us at admin@mollaeilaw.com or book a consultation call at https://calendly.com/mollaeilawconsultation/professional-corp to get the process started.

 

Professional Corporation Advantage #1: Limited Personal Liability

 

As the owner of a professional corporation,

Social Work Private Practice

As a professional social worker, it’s likely you’ve thought to yourself at some point about starting a private practice. This is a career aspiration for many social workers who are passionate about what they do. As the owner of a social work practice, you’ll have much more agency to make decisions related to your work life and can allow you to make important decisions for your business that reflect your values. 

The decision to start a social work private practice can be a lot of work and making sure your practice is set up for success can be difficult. However, owning your own social work practice can also be one of the most rewarding things you do in your life. It can also be challenging to navigate the ins and outs of what your private practice can look like.

At Mollaei Law, we are highly experienced in helping social workers establish their private practice in a way that reflects their wants and needs. If you are considering starting your own social work private practice, don’t hesitate to email us at admin@mollaeilaw.com or book a consultation call at https://calendly.com/mollaeilawconsultation/professional-corp to get the process started.

5 Steps to Start a Physician Corporation

Once you’ve graduated medical school or begun working as a physician, you might come to realize that your aspirations reach beyond your current circumstances and that you wish to start your own physician corporation.

Starting your own medical practice or physician corporation can be an incredibly exciting path that allows you to take the practice of medicine into your own hands and develop a culture in your practice that reflects your values. 

However, starting your own physician corporation can be complicated and time consuming. At Mollaei Law, we help guide the process of establishing your own medical corporation by assisting to develop detailed plans and schedules to ensure that every necessary step is taken. Below, we detail the 5 key steps to creating your own physician corporation. Don’t hesitate to email us at admin@mollaeilaw.com or book a consultation call at https://calendly.com/mollaeilawconsultation/professional-corp to start the process of building your Physician Corporation.

 

Step 1: Establish your Physician Incorporation 

 

Develop Business Plan for Physician Corporation

One of the most important steps when establishing your own physician corporation is to develop a business plan.

3 Steps to Starting Your Physician Assistant (PA) Corporation (2021)

If you’re a physician assistant (PA), you SHOULD form a Professional Corporation taxed as an S-Corporation.

California law prohibits physician assistants (PA) from forming LLCs or traditional general corporations from their physician assistant practices. Instead, they 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, and even the California State Board.

As a Business Lawyer for Professionals, I’ve assisted hundreds of professionals just like you start their Professional Corporation and I can definitely help you start yours.

If you’re a physician assistant looking to start your Professional Corporation, email me at sam@mollaeilaw.com or talk to me directly at 818-925-0002

 

What is a Physician Assistants Corporation?

A Professional Physician Assistants Corporation is a professional corporation which is registered with the California Secretary of State and the Medical Board of California.

In California, all professional corporations must be registered with the corresponding governmental agency that is tasked to manage their profession.

3 Steps to Starting Your Speech Language Pathology Corporation (2021)

Speech Language Pathologist Corporation

If you’re a speech language pathologist in California, you SHOULD form a Professional Corporation taxed as an S-Corporation.

California law prohibits speech language pathologist from forming LLCs or a traditional corporations for their speech language pathology practice. Instead, speech language pathologists who are trying to start their own speech therapy practice 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, and even the California Speech-Language Pathology Board of California.

As a Business Lawyer for Professionals, I’ve assisted hundreds of speech-language pathology professionals just like you start their Professional Corporation and I can definitely help you start yours.

If you’re a speech language pathologist looking to start your Professional Corporation, email me at sam@mollaeilaw.com or talk to me directly at 818-925-0002

 

What is a Speech Language Pathology Professional Corporation

A professional speech language pathology Corporation is a professional corporation which is registered and hold a certificate with the California Secretary of State and the Speech-Language Pathology and Audiology Board.

3 Steps to Starting Your Optometric Corporation (2021)

Optometric Professional Corporation

If you’re a licensed optometrist, you SHOULD form an Optometric Professional Corporation taxed as an S-Corporation.

If you’re an optometrist, you’re prohibited from forming an LLC or a traditional corporation for your optometric practice and instead 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, and even the California State Board.

As a Business Lawyer for Professionals, I’ve assisted hundreds of professionals just like you start their Professional Corporation and I can definitely help you start yours.

If you’re a licensed optometrist looking to start your Professional Corporation, email me at sam@mollaeilaw.com or talk to me directly at 818-925-0002

 

Optometric Professional  Corporation

A Professional Optometric Corporation Corporation is a professional corporation which is registered with the California Secretary of State and the California State Board of Optometry.

In California, all professional corporations must be registered with the corresponding governmental agency that is tasked to manage their profession. California Professional Optometric Corporations must hold a certificate of registration from the California State Board of Optometry.

3 Steps to Starting Your Psychological Corporation (2021)

If you’re a psychologist, you SHOULD form a Psychology Corporation taxed as an S-Corporation.

If you’re a psychologist, you’re prohibited from forming an LLC or a traditional corporation for your psychology practice and instead 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, and even the California State Board.

As a Business Lawyer for Professionals, I’ve assisted hundreds of professionals just like you start their Professional Corporation and I can definitely help you start yours.

If you’re a psychologist looking to start your Professional Corporation, email me at sam@mollaeilaw.com or talk to me directly at 818-925-0002

 

Psychology Corporation

Psychological Professional Corporation is a professional corporation which is registered with the California Secretary of State and the California Board of Psychology.

In California, all professional corporations must be registered with the corresponding governmental agency that is tasked to manage their profession. California Professional Psychological Corporations must hold a certificate of registration from the California Board of Psychology.

3 Steps to Starting Your Law Professional Corporation for Lawyers in 2021

Professional Corporation for Lawyers

If you’re a lawyer or attorney in California, you SHOULD form a Professional Corporation taxed as an S-Corporation.

If you’re a lawyer, you’re prohibited from forming an LLC or a traditional corporation for your law practice and instead 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, and even the California State Board.

As a Business Lawyer for Professionals, I’ve assisted hundreds of professionals just like you start their Professional Corporation and I can definitely help you start yours.

If you’re a lawyer looking to start your Professional Corporation, email me at sam@mollaeilaw.com or talk to me directly at 818-925-0002

 

Professional Law Corporation

A Professional Law Corporation is a professional corporation which is registered with the California Secretary of State and State Bar of California, to provide legal services.

The State Bar’s Law Corporations Program certifies professional corporations that wish to practice law in accordance with applicable statutes and court rules.

3 Steps to Start Your Audiology Professional Corporation 2021

Audiology Professional Corporation

If you’re an audiologist in California, you SHOULD form a Professional Corporation taxed as an S-Corporation.

If you’re an audiologist, you’re prohibited from forming an LLC or a traditional corporation for your audiology practice and instead 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, and even the California State Board.

As a Business Lawyer for Professionals, I’ve assisted hundreds of professionals just like you start their Professional Corporation and I can definitely help you start yours.

If you’re an audiologist looking to start your Professional Corporation, email me at sam@mollaeilaw.com or talk to me directly at 818-925-0002

 

What is a Audiology Professional Corporation

A professional audiology Corporation is a professional corporation which is registered with the California Secretary of State and the Speech-Language Pathology and Audiology Board.

In California, all professional corporations must be registered with the corresponding government agency that is tasked to manage their profession.