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Articles of Association of a Professional Association

Is A Professional Association A Corporation In Florida

Name: Palm Beach Florida Articles of Association of a Professional Association
Brand: US Legal Forms
Rating: 4.76 (274 reviews)

Category:

Corporations - Professional

State:

Multi-State

County:

Palm Beach

Control #:

US-02825BG

Format:

Instant download

Description

Statutes have been enacted in various jurisdictions setting forth requirements as to the form and manner of execution of the constitution or articles of association, and the bylaws, of an association or club. If the drafter does not comply with such formalities, the documents may not be accepted for filing by the designated public officer, and the existence of the association or club as a legal entity will not be recognized. In some jurisdictions, the constitution or articles of association, and the bylaws, must be executed properly. Execution generally implies the signing of the instruments by the proper officers or other parties, in conformity to the requirements of the governing statute. Statutes in some jurisdictions require that the constitution or articles of association, and the bylaws, be acknowledged or verified. In some jurisdictions, it is required by statute that the constitution or articles of association be recorded, particularly where the association or club owns real property or any interest in real property.

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A professional association that is an S corporation files a federal tax return every year on Form 1120S. An S corporation is a pass-through entity under Florida and federal tax law. For an S corporation, there is no Florida corporate income tax.

This depends on how you filed. If your Articles of Organization were submitted and paid for online, they will usually be processed within two to three business days. Submissions and payments made by mail will take three to five business days to be processed.

A professional association is Corporation formed with the single purpose of providing a specific professional service. These professional services are commonly medicine, law, accounting, etc.

File Articles of Organization You can create a Florida LLC by filing Articles of Organization with the Florida Division of Corporations. The articles must include: the street and mail address of the LLC's principal office. the name, address, and signature of the LLC's registered agent.

How to Fill Out the Articles of Organization Article 1: Name. You must list the full name of your Florida LLC.Article 2: Principal Office.Article 3: Registered Agent.Article 4: Managers and Members.Article 5: Effective Date.

To form your professional corporation, you must file articles of incorporation with the Florida Department of State, Division of Corporations. See the Florida Sunbiz website for forms and information on filing fees, how to e-file, and the mailing address for sending in your articles of incorporation.

For the majority of states, the phrase professional association is simply another way to reference a professional corporation. Thus, most professional associations are, in-fact, merely professional corporations.

Florida Law requires that any new company wishing to incorporate in the state of Florida file articles of incorporation with the Florida Department of State. The articles of incorporation is the document that establishes the formation of the company.

How long does the process take? Florida incorporation processing times are typically 5-20 business days. If the filing is rejected it will add around a month to the process. Expedited documents must be hand-delivered to the Department of State and are processed in 1-2 business days.

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Is A Professional Association A Corporation In Florida

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How is a professional association taxed Florida?

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