A corporation may be organized for the business of conducting a profession. These are known as professional corporations. Doctors, attorneys, engineers, and CPAs are the types of professionals who may form a professional corporation. Usually there is a designation P.A. or P.C. after the corporate name in order to show that this is a professional association or professional corporation.
Although no definite rule exists for determining whether one is an independent contractor or an employee, certain indicia of the status of an independent contractor are recognized, and the insertion of provisions embodying these indicia in the contract will help to insure that the relationship reflects the intention of the parties. These indicia generally relate to the basic issue of control. The general test of what constitutes an independent contractor relationship involves which party has the right to direct what is to be done, and how and when. Another important test involves the method of payment of the contractor.
Maryland Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation The Maryland Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legal contract that outlines the terms and conditions of the relationship between a physician and a professional corporation in the state of Maryland. This agreement is essential for both parties to establish a clear understanding of their roles, responsibilities, and obligations. Keywords: Maryland, Agreement, Physician, Self-Employed, Independent Contractor, Professional Corporation. In Maryland, there may be different types or variations of the Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation. Some common types include: 1. General Physician Agreement: This type of agreement is used when a physician is hired as an independent contractor by a professional corporation, and it covers general terms pertaining to the working relationship, compensation, liability, and termination provisions. 2. Specialty-Specific Physician Agreement: In certain cases, a professional corporation may require the services of a physician with specialized knowledge or expertise in a particular medical field. This agreement would outline the specific terms related to the unique requirements of that specialty. 3. Long-Term Contract Agreement: A long-term contract agreement may be used when the physician and the professional corporation intend to engage in a longer-term working relationship. This type of agreement typically includes provisions related to duration, renewal options, and any specific conditions that may apply over an extended period. 4. Partnership Agreement: In some instances, a physician may join a professional corporation as a partner, rather than an independent contractor. This agreement would outline the terms and conditions of the partnership, including profit-sharing, decision-making rights, and responsibilities of each partner. Overall, regardless of the type of Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation, it is crucial for all parties involved to carefully review, negotiate, and sign the agreement to ensure compliance with Maryland's laws and regulations. It is also advisable to seek legal counsel or professional advice when drafting or entering into such agreements to protect the rights and interests of both the physician and the professional corporation.
Maryland Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation The Maryland Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation is a legal contract that outlines the terms and conditions of the relationship between a physician and a professional corporation in the state of Maryland. This agreement is essential for both parties to establish a clear understanding of their roles, responsibilities, and obligations. Keywords: Maryland, Agreement, Physician, Self-Employed, Independent Contractor, Professional Corporation. In Maryland, there may be different types or variations of the Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation. Some common types include: 1. General Physician Agreement: This type of agreement is used when a physician is hired as an independent contractor by a professional corporation, and it covers general terms pertaining to the working relationship, compensation, liability, and termination provisions. 2. Specialty-Specific Physician Agreement: In certain cases, a professional corporation may require the services of a physician with specialized knowledge or expertise in a particular medical field. This agreement would outline the specific terms related to the unique requirements of that specialty. 3. Long-Term Contract Agreement: A long-term contract agreement may be used when the physician and the professional corporation intend to engage in a longer-term working relationship. This type of agreement typically includes provisions related to duration, renewal options, and any specific conditions that may apply over an extended period. 4. Partnership Agreement: In some instances, a physician may join a professional corporation as a partner, rather than an independent contractor. This agreement would outline the terms and conditions of the partnership, including profit-sharing, decision-making rights, and responsibilities of each partner. Overall, regardless of the type of Agreement Between Physician as Self-Employed Independent Contractor and Professional Corporation, it is crucial for all parties involved to carefully review, negotiate, and sign the agreement to ensure compliance with Maryland's laws and regulations. It is also advisable to seek legal counsel or professional advice when drafting or entering into such agreements to protect the rights and interests of both the physician and the professional corporation.