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Professional Limited Liability Company (PLLC) - Point to Consider

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Category : > Professional LLC
Posted On : Tue Feb 02nd,2010

  • While the company cannot protect a professional against their own negligence, it protects them against the negligence of an associate.
  • Professional Limited Liability Company is a useful securing of data to occupation wrongdoing insurance.
  • More expensive to create than a partnership or only proprietary right.
  • Paper work can become costly to owners.
  • All incorporators must belong to the same occupation.

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