# Professional Limited Liability Company

**IRI:** https://folio.openlegalstandard.org/RBDPzIFUWJsqqM1kkNffPeu

## Labels

**Alternative Labels:**

- PLLC
- Professional Limited Liability Company
- PLLC

**Translations:**

- de-de: Gesellschaft mit beschränkter Haftung für Freiberufler
- fr-fr: Société à responsabilité limitée professionnelle
- ja-jp: プロフェッショナル有限責任会社
- pt-br: Sociedade Limitada Profissional
- zh-cn: 专业有限责任公司

**Hidden Label:** PLLC

## Definition

A professional limited liability company ('PLLC') is a U.S. business entity designed for licensed professionals, such as lawyers, doctors, architects, engineers, accountants, and chiropractors. While many businesses choose to form a limited liability company ('LLC') because of the tax, limited liability, and other benefits, some states don't allow LLCs to be owned by professionals whose occupation requires a license. In these states, licensed professionals who want the benefits of an LLC must form a PLLC instead.

## Sub Class Of

- https://folio.openlegalstandard.org/R7oBWHStfmqTLn2MypkW3Pj

## See Also

- https://folio.openlegalstandard.org/R7eNtj44HIHIEfl5hdN415d
- https://folio.openlegalstandard.org/R98E2kVwPFwTnP6oxYUt9HR
- https://folio.openlegalstandard.org/RDGUE77tzDuRstdi916e1Vv

**Deprecated:** False

**Identifier:** ENTITY-PLLC

