What is meant by a “Professional Limited Liability Company (PLLC)”?
A Professional Limited Liability Company (PLLC) means any LLC that performs a service that requires obtaining a license from the state. (e.g. architect, attorney, certified public accountant, dentist, physician, public accountant, or veterinarian). Usually the company is limited to performing one type of professional service, and services related to that service. The company may perform more than one professional service if the combination of services offered is authorized by the appropriate licensing authorities. Managers or Members of the company must be duly licensed to perform the professional service in that state.
