Professional Limited Liability Company Formation For Texas Professionals
THE LAW OFFICE OF NATHANIEL GILBERT, PLLC
726-999-0087
Business Attorney Nathaniel Gilbert assists clients with PLLC Formation and Management
CONVERTING YOUR LLC TO A PLLC
LLC VS. PLLC: WHAT YOU NEED TO KNOW
FIND OUT IF YOU QUALIFY FOR A PLLC
Professional Limited Liability Companies (PLLCs) are a great business tool to protect professionals in a group practice setting from liability. A PLLC functions much the same as an LLC with a couple of extra key benefits, including the restriction of use to the specific professions provided by statute— PLLCs are strictly reserved for certain practices and professions in Texas.
Frequently Asked Questions About Texas PLLC Formation
What is a PLLC?
A Professional Limited Liability Company is a form of the Texas LLC that provides additional benefits to those business owners who perform professional services such as healthcare, dentistry, legal, and architecture services.
Who Can Form a PLLC?
Anyone licensed by the State of Texas to perform their service may form a Professional Limited Liability Company. Anyone who is not licensed to perform that service may NOT be a Member of the PLLC.
What Does It Cost to Form a PLLC?
The Law Office of Nathaniel Gilbert, PLLC is San Antonio forms PLLCs on a flat fee basis starting at $900, not including the Texas State Filing Fee of $300. When you choose a flat fee service, you will never receive a surprise bill or wonder about how much a phone call with your attorney will cost you.
Why Should I Form a PLLC?
PLLCs in Texas provide protection to Members from malpractice suits filed against another Member of the PLLC.
How Do I Form a PLLC?
Forming a PLLC is much the same as forming an LLC, with some additional required language in your Operating Agreement AND your Certificate of Formation that is filed with the Texas Secretary of State.
Yes, but not in the way that you think. There is a growing sentiment among popular online advice columnists and bloggers that LLCs can help you avoid a large amount of...
If you want to use a different name for your business, make sure you differentiate between “I want to change the entire name of my business” and “I want to use a different name for my business in certain situations.”
A Professional Limited Liability Company is specifically provided for professionals looking to offer their services through an entity in Texas. Professional services, as defined by the Texas Statutes, means “any type of service that requires, as a condition precedent to the rendering of the service, the obtaining of a license in this state.
Regardless of the form of LLC you decide on (Series LLC, PLLC, or regular old LLC) you will need to make the decision of whether your new Texas entity will be Manager Managed or Member Managed. For the sake of this page, we are going to assume the owners of the LLC have chosen to have the company be managed by one or more Managers—Manager-Managed.
New business owners in Texas often form LLCs to start their company, but this process can be full of pitfalls and sometimes even the most careful of small business owners can make a mistake. Texas LLC Formation Attorney Nate Gilbert takes a look at the most common mistakes and their solutions.
Commonly, children will have powers of attorney for their parents when they get older and may need assistance with financial transactions. If a child holds power of attorney for their mother and/or father, they may represent them in a real estate transaction.
Converting to a PLLC from an LLC is a straightfoward process in Texas. Attorney Nate Gilbert provides the steps necessary to change your company to a Professional Limited Liability Company in 4 steps.
Creating an individual Series for your Series LLC is a straightforward process, but there are some critical steps that you need to take. When creating the new Series,...
Watch the video to discover the differences and considerations behind Manager Managed LLCs and Member Managed LLCs in Texas.
How can Texas LLC owners write off business expenses they incur throughout the year on their tax returns?
Changing your LLC’s Registered Agent is fairly simple, but can have serious consequences if not done correctly.