PLLC (Limited Liability Corporation) Formation Documents and Filing in Arizona
In Arizona, a Professional Limited Liability Company is a professional limited liability entity organized pursuant to Arizona’s Professional Limited Liability Company Act, A.R.S. § 29-841.
What is a Professional Limited Liability Corporation ("PLLC")?
A Professional Limited Liability Corporation (PLLC) operates the same as an (LLC) in regards to the protection it provides its members.
Unlike a partnership, the members are not responsible for the actions of others in the group. Allowing for peace of mind and further encouraging accountability between members.
Benefits
- Professional standard - A P.L.L.C. is only allowed in certain professions for example lawyers, real estate agents, doctors, engineers, accounts, etc.
- Profit and loss pass through to owners’ individual tax return. While liability isn't transferred to you as an owner, profits and loss will still be transferred to the owners.
- Professionally prepared. A Dynasty PLLC ensures your documents are prepared within all state laws and properly. Go and focus on your business, we got this covered.
