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No matter which type of company form is selected, professional corporations can be expensive.
The doctors retain their own professional corporations, responsible for health care issues.
What we'd like you to do is set up your own practice, a professional corporation, which would be associated with us."
In addition, professional corporations are used to assure the continuity of the business.
In the 1960s Ohio law allowed limited partnerships but not professional corporations.
Subsequently, he became a founding member of the Group, an association of lawyers representing professional corporations.
Usually when a professional corporation moves into a residential area, albeit for only one or two days at a clip, it raises eyebrows.
The treaties exclude family-owned businesses, partnerships and professional corporations.
Paralegal services may be provided via a sole proprietorship, partnership or professional corporation.
KPF is actually a professional corporation, not a partnership, in which the principals own stock.
Unlike a partner, a shareholder in a professional corporation usually cannot be held liable for the negligence and malpractice of fellow shareholders.
For more than 20 years, the institute has insisted that accountants form their practice as either a partnership, a proprietorship or as a professional corporation.
"Professional corporations are generally not capital intensive," Mr. McCabe said.
A private group, the Coney Island Professional Corporation, was established to staff that hospital.
In 1979, the moniker 'A Professional Corporation,' was added to the firm's name.
For example, a professional corporation or an individual professional, such as a doctor, may qualify provided gross annual receipts fall below $3 million.
Legal regulations applying to professional corporations typically differ in important ways from those applying to other corporations.
We represent more than 50 professional corporations and we have frequently covered with them the pros and cons involved in a professional's incorporating.
Later on méreaux came into use by medieval guilds and professional corporations until their decline at the end of the 18th century.
This has the effect of expanding diversity jurisdiction in suits to which the professional corporation is a party compared to these alternate forms of business organization.
Professional corporation, a type of corporate entity for licensed professionals (attorneys, architects, physicians, engineers, etc.)
The decision examined the Professional Code, a Quebec statute which governed 38 professional corporations.
The medical groups are for-profit partnerships or professional corporations and receive nearly all of their funding from Kaiser Foundation Health Plans.
Interstate Medical Center was a professional corporation and its predecessor was the Interstate Clinic.
Professional corporations and certain other closely held businesses must now use the calendar year as their fiscal year, eliminating a valuable opportunity for owners to defer tax.