Design Professional Service Corporations
Some states have taken steps in recent years to allow for Design Professional Corporations. These are similar to Professional Corporations but with one major difference. The owners of the Corporation are not required to have a professional license. This allows for ownership outside of licensed professionals.
This gives those in professions such as architecture, engineering, land surveying and landscape architecture services a way to hold ownership in a Professional Corporation. Design Professional Corporations also make it possible to reward key employees with ownership of the company.
Oftentimes, people other than licensed professionals are extremely important to your business. They may be exceptional in aspects of a business that don’t involve practicing the licensed profession. Design Professional Service Corporations allow you the flexibility to reward these individuals as you would a licensed professional in a standard professional corporation.