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Resources for Starting and Running a Business

C Corporations and Professional Services

If you have a license to practice law, accounting, medicine, architecture, or another professional service, you may qualify to form a Professional Corporation (PC). These business structures can help licensed professionals separate and protect their personal assets from lawsuits due to malpractice or negligence by other owners.

Though state laws vary, PCs usually share these characteristics:

  • Many states require all owners to be licensed in the same profession.
  • States often require proof of licensing before approving the company.
  • You may need to follow industry-specific regulations for naming your company.
  • Many states require certain endings to your business name: for example, "PC" for a Professional Corporation or "PLLC" for a Professional Limited Liability Company.

Form a Professional Corporation online or contact a Business Specialist at 800-818-6082 (toll-free) or 302-636-5440.