How to Register a Professional Corporation ("PA") In Florida
- August 12, 2017
- Posted by: marlenedubois
- Category: CPR Training
If you are operating, or plan to operate, a professional service in Florida, then you should consider doing so as a professional corporation. This particular entity is actually a type of corporation which is actually organized to render a specifically designated professional service. Examples of services rendered by a professional corporation, just to name a few, are certified public accountants, chiropractors, doctors of medicine, architects, attorneys as well as life insurance agents. These types of professional services, as noted above, can operate through the vehicle of a professional corporation in Florida. You should note of which a professional corporation is actually also referred to as a “P.A.” or professional association.
To form a professional corporation in Florida, you must take the following steps:
– The first step is actually to prepare articles of incorporation as well as file the articles with the State of Florida. The articles of incorporation must state the name of the entity, address of the corporation, the name as well as address of the registered agent, as well as must state the specific purpose for which the corporation is actually organized (e.g., chiropractic medicine, Certified Public Accountant, etc.). Please note, the name of the professional corporation must contain the words “chartered” or the words “professional association”, or the abbreviation “P.A.” Once the articles are prepared, you must file This particular document with the Florida Division of Corporations along with the state filing fee of $70.00.
– Once the articles of incorporation are filed, you should then obtain a tax identification number for your entity through the Internal Revenue Service. You can apply for a tax ID either online at http://www.irs.gov or call the IRS. Their contact information can be found on the IRS website.
– Next, you should elect “S” corporation status for your entity. To do so, you must complete as well as submit Form 2553 to the IRS. You can obtain Form 2553 on the IRS website or seek the help of an accountant to assist you with such election.