Can Physicians Practice Using a Foreign Professional Corporation in California? The question of whether licensed persons owning shares and the professional employees of their designated professional corporation rendering professional services is permitted through a Foreign Professional Corporation, meaning formed in a state other than California, is a matter of [...]
12 Steps to Convert a Foreign Corporation into a California Professional Medical Corporation Transitioning from a Foreign Corporation, which is a corporation formed under the laws of a state other than California, into a California Professional Medical Corporation requires careful planning and adherence to specific legal requirements. This conversion [...]
Can a Physician Practice Using a Foreign Corporation in California? The question of whether rendering professional services is permitted through a Foreign Corporation, meaning a corporation or S-Corp formed in a state other than California, is a matter of legal interpretation. This article aims to dissect the legal framework [...]
5 Steps to Convert a California General Stock Corporation to a California Professional Medical Corporation Transitioning from a California General Stock Corporation, such as a California Corporation or California S-Corp, to a Professional Medical Corporation in California requires careful planning and adherence to specific legal requirements. Using a California [...]
Four Things to Know About Starting Your Medical California Professional Corporation If you are a California physician, here are four important things you should know before you open your own practice. 1. You may incorporate as a California Professional Medical Corporation. Under California law, you cannot operate your medical [...]
Can a Physician Practice Medicine Using a General Stock Corporation in California? In California, the structure and organization of businesses that physicians may use to provide medical services are subject to specific legal and regulatory considerations. A physician must contemplate the most suitable corporate form for tax liability by [...]
12 Steps to Convert a PLLC to a California Professional Medical Corporation Transitioning from a Professional Limited Liability Company (PLLC) to a California Professional Medical Corporation requires careful planning and adherence to specific legal requirements. This conversion is one of the options for physicians practicing medicine in a state [...]
10 Steps to Convert LLC to Professional Medical Corporation in California Transitioning from a California Limited Liability Company (LLC) to a Professional Medical Corporation in California requires careful planning and adherence to specific legal requirements. This conversion can offer numerous benefits, including potential tax advantages and professional credibility, however [...]
Can I Use a PLLC to Practice Medicine in California? In the world of business formation, the term Medical PLLC, or Medical Professional Limited Liability Company, refers to a special legal business entity that is designed for licensed physicians for rendering professional services. However, navigating the specifics of using [...]
The 7 Steps for Forming a California Professional Medical Corporation Starting a California Professional Medical Corporation may seem like a daunting task, but with the right knowledge and approach, it can be a straightforward process. Whether you plan to hire an experienced corporate attorney to ensure the work is [...]
Can a California Professional Medical Corporation Be an S-Corp? In the world of business and corporate structuring, how a licensed physician chooses to incorporate can significantly impact their tax obligations, legal liabilities, and operational flexibility. We realize that navigating California laws and regulations for physicians, the business entities available [...]
Sole Proprietorship vs Professional Medical Corporation in California Choosing the right business structure for practicing medicine in California can feel like a maze of complex legal language and intricate financial terminology. The decision between operating as a Sole Proprietorship vs Professional Medical Corporation in California affects many aspects of [...]
Who May Be a Shareholder of a California Professional Medical Corporation? It is essential to understand who can be a shareholder of a California Professional Medical Corporation because California Medical Corporations are subjected to stringent regulations enforced by the Medical Board of California. This article will delve into the [...]
Can a Physician Practice Medicine Using a California LLC? A common question the attorneys at San Diego Corporate Law are asked is whether or not a medical doctor may practice medicine as a California Limited Liability Company (LLC). Whether you are a medical doctor, or someone advising medical professionals [...]
Due Diligence When Acquiring a Medical Corporation/Physician Practice Acquisitions If you are thinking of buying a San Diego medical corporation/physician practice, it is important to conduct your due diligence to ensure that you are getting what you expect. You will need an experienced San Diego corporate attorney to provide [...]
California Medical Corporations: Advantages Over Partnerships If you are a licensed medical professional here in San Diego, or if you are another type of licensed professional like an attorney, you can form a corporation specifically designated for professionals under the Moscone-Knox Professional Corporation Act of 1968 (the "Act"). See [...]
Top Three Legal Issues Concerning Medical Corporations California has corporate forms specifically designed for medical and healing arts professionals. Medical corporations differ from regular corporations in many ways, and as such, some legal issues are more important when establishing and running a medical corporation. In this article, we discuss [...]
Compensation/Expensing Structures When Buying into a California Medical Corporation California law permits healing arts practitioners to create corporations intended for the unique needs of doctors, nurses, psychologists, veterinarians, etc. See the Moscone-Knox Professional Corporation Act, Cal. Corp. Code, §§ 13400-13410. As a practical matter, medical corporations often function like [...]
FAQs Regarding Forming a California Medical Corporation In California, physicians, nurses, and other healing arts practitioners are permitted to form professional corporations pursuant to the Moscone-Knox Professional Corporation Act (“MKPCA”). See Cal. Corp. Code, §§ 13400 et seq. Other professions, such as lawyers and accountants, can also form professional [...]
