What is required for forming a Professional Corporation?

When forming a Professional Corporation, it is indeed necessary to file articles with the designation "Professional Corporation" or "PC." This formal requirement is crucial as it legally distinguishes the entity as a Professional Corporation, which offers liability protection to its shareholders while ensuring that the corporation is dedicated to providing professional services.

Additionally, the designation reflects compliance with state laws that govern the practice of specific professions, such as law, medicine, or accounting. By including "Professional Corporation" in the name, it communicates to clients and the public that the business is composed of licensed professionals who are authorized to provide certain professional services.

While having multiple licensed professionals and obtaining various approvals may be important in different contexts, they do not replace the fundamental requirement of filing the articles with the appropriate designation. This step is essential for legal recognition and operation as a Professional Corporation.