{"iri":"http://lmss.sali.org/RBDPzIFUWJsqqM1kkNffPeu","id":"RBDPzIFUWJsqqM1kkNffPeu","label":"Professional Limited Liability Company","definition":"A professional limited liability company ('PLLC') is a U.S. business entity designed for licensed professionals, such as lawyers, doctors, architects, engineers, accountants, and chiropractors. While many businesses choose to form a limited liability company ('LLC') because of the tax, limited liability, and other benefits, some states don't allow LLCs to be owned by professionals whose occupation requires a license. In these states, licensed professionals who want the benefits of an LLC must form a PLLC instead.","prefLabels":[],"altLabels":["Gesellschaft mit beschränkter Haftung für Freiberufler","PLLC","Professional Limited Liability Company","Sociedade Limitada Profissional","Société à responsabilité limitée professionnelle","プロフェッショナル有限責任会社","专业有限责任公司"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/R7L5eLIzH0CpOUE74uJvSjL","label":"Legal Entity"},"parents":[{"iri":"http://lmss.sali.org/R7oBWHStfmqTLn2MypkW3Pj","id":"R7oBWHStfmqTLn2MypkW3Pj","label":"Entity"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RBDPzIFUWJsqqM1kkNffPeu/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}