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Professional Service Corporations
- Q1. What is a professional service entity?
- A1. A professional service entity is an entity organized for the sole purpose of
providing professional services to the public. The Colorado Revised Statutes
specify which professionals may form a practice as a professional service
entity.
- Q2. Which professionals may practice as professional service entities?
- A2. The professionals allowed to practice as professional service entities are:
- Certified Public Accountants
- Architects
- Chiropractors
- Dentists
- Engineers
- Land Surveyors
- Lawyers
- Optometrists
- Physical Therapists
- Physicians and Surgeons
- Podiatrists
- Professional Counselors
- Veterinarians
- Q3.What requirements must be satisfied in order to file as a professional service entity in Colorado?
- A3. Such entities file the appropriate constituent filed document for the desired
entity form (i.e., Corporation, Limited Liability Company). Additional language
may be attached to the constituent filed document to meet the specific language
requirements as stated in the appropriate statute governing your professional
service entity or as may be required by Regulatory Agencies, or other organic
laws.
- Q4. What names are acceptable for a professional service
entity?
- A4. A professional service entity must register a name that is “distinguishable”
from other names in the records of the Secretary of State. See § 7-90-601, C.R.S.,
for more information and specific details referencing names and the appropriate
statute governing your professional service entity.
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