Professional Corporations

A Professional Corporation (PC) is a legal business structure specifically designed for licensed professionals like doctors, lawyers, or accountants. It allows them to operate their practice as a corporation, providing benefits such as limited liability, tax flexibility, and a formal organizational structure. While the corporation protects personal assets from certain legal claims related to the business, licensed professionals remain personally responsible for their own professional malpractice or negligence. PCs ensure that practitioners meet industry standards collectively while enjoying corporate advantages, maintaining professional accountability within a structured business entity.