Dentists in California often benefit from forming Professional Corporations (PCs) to protect personal assets and ensure compliance with state laws. Below is a step-by-step guide to forming a dental PC:
- Obtain a Dental License: Only licensed dentists can form a dental PC in California.
- Choose a Name: The name must comply with California regulations, including the full or last name of the dentist along words like “Dental Corporation”, “Incorporated”, “Corp”, “Corporation”, “Inc.”
- File Articles of Incorporation: File Professional Articles with the California Secretary of State.
- Draft Bylaws: Draft Professional Corporation Bylaws, and define the corporation’s operational structure and rules, including ruled of ownership.
- Obtain an EIN: Apply for an Employer Identification Number with the IRS.
- Open a Corporate Bank Account: Keep personal and business finances separate.
- Comply with Shareholder Restrictions: Ensure all shareholders are licensed dentists.
- Secure Licenses and Permits: Meet all state and local requirements.
At the Law Office of Kris Mukherji, we guide dentists through this process seamlessly. Contact the Law Office of Kris Mukherji at www.kmsdlawoffice.com to learn how we can assist with your legal needs.