Want this question answered?
characteristics of close corporation
Yes
Close down
PC means "Professional Corporation"
Professional Corporation, that is their form of legal entity, as opposed to Inc. or LLC
PC or "P.C." stands for "Professional Corporation", a special form of corporation which retains some personal liability for the principals of the business. Ordinarily restricted to licensed professionals such as doctors, attorneys, and public accountants.
characteristics of close corporation
P.C. stands for professional corporation
Yes a holding company can purchase a professional corporation. The professional corporation can be another entity of companies within the holding companies portfolio.
Professional Corporation, indicating that those providing services are licensed to provide legal services.== == Professional Corporation
professional corporation
A solo professional corporation is a corporation operated with one person as the board of directors. This corporation is usually for an individual who wants to run a business solely.
A "Close Corporation" is generally a smaller corporation that elects close corporation status and is entitled to operate without strict formalities. It has more of a relaxed environment.
general corporation Close corporation Limited Liability Corporation
The term professional corporation refers to a corporation that is formed for the purpose of operating a profession that requires a license to practice. These include physicians, attorneys, and dentists.
A "close corporation"
i think it means private corporation, the type of business they have