Professional Corporation (PC)

Professional Corporations in Connecticut

A Professional Corporation (PC) is a specialized business entity required for certain licensed professionals in Connecticut. Governed by Connecticut General Statutes § 33-182 through 33-195, Professional Corporations allow doctors, lawyers, accountants, and other licensed professionals to enjoy corporate liability protection while maintaining compliance with their professional licensing requirements.

Connecticut law mandates that certain professions can only practice through a PC or Professional LLC (PLLC), not through standard corporations or LLCs.

Who Needs a Professional Corporation?

Connecticut requires Professional Corporations for licensed professionals, including:

Physicians and Surgeons
Attorneys and Lawyers
Certified Public Accountants (CPAs)
Dentists
Veterinarians
Architects
Engineers
Chiropractors
Optometrists
Podiatrists

Note: Professional licensing boards regulate practice within these professions. Before forming a PC, verify requirements with your specific Connecticut licensing board.

Key Features of Connecticut PCs

Limited Liability Protection

Protects personal assets from business debts and obligations. Important: does not shield from professional malpractice liability.

Licensed Ownership Only

All shareholders must hold active Connecticut licenses in the same profession. Non-licensed individuals cannot own shares.

Regulatory Compliance

Must comply with both Connecticut corporate law and profession-specific regulations from licensing boards.

Professional Corporation (PC) vs. Professional LLC (PLLC)

Connecticut allows licensed professionals to choose between a Professional Corporation or a Professional Limited Liability Company (PLLC). Both provide liability protection and meet licensing requirements.

Choose a PC if:

  • You prefer traditional corporate structure with shareholders, directors, and officers
  • Your profession's regulations specifically reference Professional Corporations
  • You want S-Corporation tax election (simpler with PC)

Choose a PLLC if:

  • You prefer simpler management structure with fewer formalities
  • You want flexibility in profit distribution and ownership arrangements
  • Your practice has fewer formal governance requirements

How We Form Your Connecticut PC

Verify licensing requirements with your Connecticut professional board
File Certificate of Incorporation for Professional Corporation
Draft bylaws complying with professional regulations
Obtain required certifications from licensing board
Issue stock certificates to licensed shareholders
Obtain Federal EIN and complete tax elections
Set up professional liability insurance as required
Establish compliance systems for annual reports and renewals

Ready to Form Your Professional Corporation?

Contact Darius Law Group to discuss PC formation and ensure compliance with Connecticut professional regulations.