Not having a plan for resolving member disputes

Similar to a regular LLC, a PLLC provides limited liability to its members, protecting their personal assets from the company's debts and obligations. However, ... Company" or the abbreviation "P.L.L.C.", "PLLC", "L.L.C.", or "LLC. Be sure to attach the Certificate of Authority when filing the Articles of Organization. Apr 15, 2020 ... Texas PLLCs differ from Texas LLCs in that PLLCs are formed specifically for individuals providing professional licensed services. A professional limited liability company, as the name implies, is a company made up of licensed persons who have been legally authorized to provide a ... May 23, 2024 ... A PLLC is a business structure made for licensed professionals in specialized industries such as the medical or legal fields. Nov 8, 2023 ... A PLLC, or "Professional Limited Liability Company," is a unique legal entity primarily formed by licensed professionals in fields like law, ... Oct 4, 2018 ... PLLC stands for professional limited liability company, which is similar to a regular LLC, or limited liability company. The main difference is ... Taxes: A PLLC is subject to a state franchise tax. Contact the Texas Comptroller of Public Accounts, Tax Assistance Section, Austin, Texas, 78774-0100, (512) ... Sep 20, 2020 ... A PLLC is a type of limited liability company, a business that works like a partnership but has the liability protection of a corporation. Some ... However, for many professional service providers, Virginia offers another, yet confusingly similar, option: the professional limited liability company (“PLLC”).