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Q: How do you close a professional corporation?
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What does PC stand for after a business name?

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?

characteristics of close corporation


What does PC after a law firm name mean?

P.C. stands for professional corporation


Can a holding company purchase a 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.


What does P C mean after a legal firms name?

Professional Corporation, indicating that those providing services are licensed to provide legal services.== == Professional Corporation


What does PC stand for after a corporation name?

professional corporation


WHAT IS A Solo 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.


In business what is a 'close' corporation?

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.


Examples of a corporation?

general corporation Close corporation Limited Liability Corporation


What does the term 'professional corporation' refer to?

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.


If the stockholders are few in numbers the corporation is referred?

A "close corporation"


What does PC mean after a dentist name?

i think it means private corporation, the type of business they have