Certificate of Formation - Professional Limited Liability Company - Washington

Certificate of Formation - Professional Limited Liability Company is a legal document that was released by the Washington Secretary of State - a government authority operating within Washington.

FAQ

Q: What is a Certificate of Formation?A: A Certificate of Formation is a document that establishes the existence of a Limited Liability Company (LLC).

Q: What is a Professional Limited Liability Company?A: A Professional Limited Liability Company (PLLC) is a specific type of LLC that is formed by licensed professionals who provide services in fields like law, medicine, accounting, etc.

Q: What is the purpose of a Certificate of Formation for a PLLC in Washington?A: The purpose of a Certificate of Formation for a PLLC in Washington is to formally register the PLLC with the Washington Secretary of State and establish its legal existence.

Q: What information is required in a Certificate of Formation for a PLLC in Washington?A: The Certificate of Formation for a PLLC in Washington must include the name of the PLLC, the professional services it will provide, the names of the licensed professionals involved, and the address of the PLLC's principal place of business.

Q: Can a PLLC in Washington be formed by individuals who are not licensed professionals?A: No, a PLLC in Washington can only be formed by licensed professionals who are authorized to provide the specific professional services offered by the PLLC.

Q: Can a PLLC in Washington have multiple licensed professionals?A: Yes, a PLLC in Washington can have multiple licensed professionals as members or owners.

Q: What are the advantages of forming a PLLC in Washington?A: Some advantages of forming a PLLC in Washington include limited liability protection for the licensed professionals involved, flexibility in management and tax treatment, and the ability to provide professional services as a business entity.

Q: Can a PLLC in Washington convert to a different type of entity?A: Yes, a PLLC in Washington can convert to a different type of entity, such as a Corporation or a General Partnership, by filing the appropriate conversion documents with the Washington Secretary of State.

Q: What is the filing fee for a Certificate of Formation for a PLLC in Washington?A: As of 2021, the filing fee for a Certificate of Formation for a PLLC in Washington is $235.

Q: Is an operating agreement required for a PLLC in Washington?A: While Washington law does not require a PLLC to have an operating agreement, it is highly recommended to have one in order to establish the rights and responsibilities of the members, outline management and decision-making processes, and address other important aspects of the PLLC's operation.