what does pc mean in lawyer

What does PC mean in legal terms?

What does PC stand for in business terms? Professional Corporations (PC) are corporations for certain occupations – typically, service professions like lawyers, doctors, architects and the like. A professional corporation isn’t allowed to branch out beyond the services for which it was specifically incorporated with the state.

What does PC stand for after a business name?

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What does PC stand for?

What does PC stand for? Personal computer A widely-used acronym for the personal computer ...

What does PC after a name mean?

What Does P.C. Stand for in a Corporation?. When you incorporate your business as a PC, you're setting up a professional corporation. Not all businesses qualify for this designation, and each state has different requirements, but typically this type of corporation is used by those in medical, legal or accounting ...

What does PC stand for in law?

PC. In some states, it isn't uncommon to see the name of a law firm or attorney's office with the letters "PC" after it. PC stands for "professional corporation. ". Like limited liability companies, corporations and other business structures, professional corporations are legally recognized business entities in some states.

What is the difference between a corporation and a PC?

Professionals. Another key difference between corporations and professional corporations is only licensed professionals can be a part of a PC. Typically, the only professionals who may form a PC are those who must have some sort of state and/or federal license to practice their profession.

What is professional corporation?

The professional corporation is a business structure specifically allowed for in some state statutes. Like corporations, it allows directors and employees some protection from corporate liability. However, professional corporations are distinctly different than traditional "C" corporations in several ways.

Do professional corporations have to be registered?

Like other corporations, professional corporations must be registered with the state in which they are formed. For example, the state of Iowa allows professionals to form professional corporations. The state requires these structures to file documentation, such as the articles of incorporation and the business name, with the secretary of state's office.

Do professional corporations have liability shielding?

However, professional corporations typically do not offer the same level of liability shielding.

What is a PC answer?

PC Answers was a computer magazine published in the United Kingdom by Future plc. It was notable for its focus on the technical side of computing. It ran several series of articles on overclocking, a “Danger!

What is a PC degree?

Medical doctor (not a chiropractor —DC— nor an osteopathic physician —DO). PC means professional corporation that he has formed to run his business activities. If he is board certified, he will also have other initials, such as FACOG (fellow of the American college of obstetricians and gynecologists), etc.

What type of company is a PC?

To set up a professional corporation, all shareholders in the business must be licensed to practice the same profession. For example, PC is the business structure commonly chosen by attorneys, doctors, architects, accountants, engineers, veterinarians, and others in similar fields.