Understanding the professional corporation
Posted on Thursday, January 5th, 2017 at 3:52 pm
Individuals in Texas who have completed a degree in the field of engineering, medicine, law, or education should know they can start their own business by providing services related to their profession.
Like in other states, professionals may start a “professional corporation” business in Texas if they think consumers or the general public have a demand for the kind of service they can offer. A person or group can offer “professional services” upon securing a license that allows them to perform or offer the practice and after they register with the Texas Secretary of State. Professionals considering this kind of venture should know they have to pay a $300 filing fee and state franchise taxes.
If you have decided to start your own business, enlisting a skilled business attorney is important, especially if you are unfamiliar with the intricacies of starting a professional corporation. Find out how an attorney of Slater Pugh, Ltd. LLP in Austin could work for you today by calling (512) 472-2431.