Annual Report and State Filing
We prepare and file your Professional LLP's annual report on time, every year, so your company stays active and in good standing.
Business Formation by a Licensed Law Firm
Form a Professional LLP With a Real Attorney
Form a Limited Liability Partnership for Professional Services with a licensed attorney. Starting at $153.99, with state fees included in every state except Nevada.
Starting at $153.99 Filing Fees Included*
*State filing fees are included in every state except Nevada, where they are billed separately.
- 35+
- Years Practice
- 650K+
- Formed
- 4.9
The Basics
What Is a Limited Liability Partnership for Professional Services?
A professional LLP is an LLP tailored for licensed professionals such as attorneys, accountants, architects, or other regulated practices. It preserves the equity partner model while meeting state licensing rules that often require a professional entity form.
Firms choose it to scale partner counts, keep flexible draws and compensation, and reduce exposure to co-partner malpractice claims. Formation should match both business goals and the licensing board requirements in your practice state.
Key benefits include:
Protection From Co-Partner Malpractice
A professional LLP is built so co-partners are not personally exposed to each other malpractice claims in the same way a plain general partnership can allow. That firm-wide protection is the core reason regulated practices convert.
Preserves Equity Partner Model
You preserve equity partners, draws, and partnership culture instead of forcing a corporate share model that may not fit how professionals actually share profits. Lateral hires and partner tracks stay easier to explain.
Scales to Large Partner Counts
The structure scales as partner counts grow, which matters when a practice expands across offices or practice groups. Governance stays partnership-based while liability walls stay in place.
Pass-Through Taxation
Pass-through taxation keeps firm profits flowing to partners personal returns under the agreement you negotiate. Flexible compensation and draw designs can still reflect originations, seniority, and book of business.
Nationwide Coverage
Where Will You Form Your Professional LLP?
Type your state to compare filing costs, timelines, and ongoing requirements.
Real legal supportAttorney-handled documentsWe handle the filing for you
The Wall Between You and Your Business
How a Professional LLP Actually Protects You
Multi partner professional firms that operate as general partnerships expose every partner to unlimited personal liability for every other partner's professional errors, unauthorized contracts, and business obligations. In a large firm, that exposure is significant and largely outside any single partner's control.
A professional LLP changes that. In a professional LLP, each partner is shielded from personal liability for the malpractice and misconduct of co partners. The firm structure, the equity culture, and the partnership governance all remain intact. The only thing that changes is the exposure each partner carries for what their colleagues do.
- Business debts do not follow you home
- Lawsuits target the Professional LLP, not your savings
- Personal bank accounts stay off limits
- Protection holds when properly formed
PROFESSIONAL LLP TAX ADVANTAGES
The Tax Advantages Of Forming A Professional LLP
DEFAULT
Pass Through Taxation
Profit is taxed once, on your personal return. No company-level tax, and you decide how income is split among owners.
Avoids double taxation
MOST COMMON
OPTION 1
S-Corp Treatment
Pay yourself a reasonable salary and take the remainder as profit distributions, which are not subject to self-employment tax.
Lowers self-employment tax
OPTION 2
C-Corp Treatment
The company is taxed on its own income at the flat corporate rate. Best if you plan to raise capital or keep profit inside the business.
Retain earnings, attract investors
Included in Every Formation
What's Included on our Service Fee?
Your service fee covers the formal documents, certificates, and resolutions banks and government agencies actually ask for, not just a state filing receipt.
- State Filing
- Corporate or Company Seal
- Records Book
- Articles of Incorporation
- Company & Corporate Minutes
- Bylaws or LLC Regulations
- Stock or Membership Certificates
- Banking Resolution
- Preliminary Name Search
- EIN Filing Support
Annual Compliance, Handled
We Keep Your Professional LLP In Good Standing
We handle the annual filings, registered agent duties, and records your Professional LLP needs to stay in good standing. Nothing for you to track, file, or remember.
Registered Agent
We serve as your Professional LLP's registered agent at a physical address, receiving and forwarding official state mail so nothing important gets missed.
Governing Agreement and Records
We keep your Professional LLP's governing agreement and company records organized, current, and ready when you need them.
FAQ
Common Questions About Forming a Professional LLP
Still have questions? Talk to an attorney!
A Limited Liability Partnership for Professional Services is a state registered partnership for licensed professionals in which no partner is personally liable for the malpractice or negligence of another partner. Each partner answers only for their own professional acts. Our attorneys at AmeriLawyer, a licensed law firm practicing since 1990, prepare every LLP registration and partnership agreement.
Only licensed professionals may form a professional LLP in most states, including attorneys, certified public accountants, physicians, dentists, architects, and engineers. State licensing boards often must approve or be notified of the registration. Our attorneys verify your state's eligibility rules and board requirements before we file anything on your behalf.
The difference is personal exposure. In a general partnership, every partner is jointly and severally liable for the acts of every other partner. In an LLP, the statute cuts off that vicarious liability, so a partner's malpractice judgment cannot reach your home or savings. Taxation and management remain identical. Our attorneys explain both structures before you choose.
All three shield you from a colleague's malpractice, but they operate under different statutes. A professional corporation requires corporate formalities such as directors, bylaws, and minutes. A PLLC follows LLC rules. An LLP remains a partnership with pass through taxation and minimal formality. Our attorneys match the entity to your profession, your state's rules, and your exit plans.
No. No entity protects a professional from their own negligence, and any provider suggesting otherwise is misleading you. The LLP shields you from your partners' acts only, which is why we advise every client to carry malpractice insurance alongside the entity. Our attorneys explain precisely where the statutory shield begins and ends before you sign.
An LLP is a pass through entity under federal law. The partnership files an informational Form 1065 and issues each partner a Schedule K1, so income is taxed once on the partners' personal returns with no corporate level tax. Our attorneys coordinate the partnership agreement's allocation provisions with your accountant so the tax result matches your deal.
Formation is a three part legal process: registering the LLP with the state, executing a partnership agreement that governs the partners' rights, and satisfying your profession's licensing requirements. Our attorneys prepare all three for one flat fee plus state fees, and state fees are included in every state except Nevada, where they are added separately.
Yes. The partnership agreement is the document a court reads first when partners dispute profits, authority, or withdrawal. Without one, your state's default partnership act controls outcomes you never chose. Our attorneys draft capital, allocation, admission, withdrawal, and dissolution provisions tailored to your practice as part of every LLP formation.