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balance Structure Match

PLLC vs Corporation

Compare PLLC versus Corporation to determine the optimal legal structure for your corporate assets.

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Formation Cost $100โ€“$600 (Plus State & Board Fees)

PLLC

A PLLC is a specialized LLC for licensed professionals. It provides liability protection while allowing professionals to practice their licensed trade.

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Formation Cost $200โ€“$1,000 (Based on Federal vs Provincial Filing)

Corporation

A distinct legal entity in Canada offering complete liability protection and corporate tax benefits.

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Side-by-Side Analysis

Detailed breakdown of key regulatory and operational differences.

Factor
PLLC
Corporation
shield Liability Protection
Targeted Professional Liability Protection
Full Corporate Shield Protection
payments Taxation Type
Flexible (Pass-Through or Corporate Election)
Corporate Tax System (Federal + Provincial Rates)
groups Ownership Structure
Licensed professionals within the same industry
Shareholders and Board of Directors (Min 25% Canadian resident directors required federally)
verified_user Compliance Level
Medium
Annual corporate tax return (T2), corporate resolutions, and annual registry filings
account_tree Complexity
Medium to High
Medium to High
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