Indiana Professional LLC — Requirements & Formation
Licensed professionals in Indiana must form as a Professional Limited Liability Company when creating an entity to provide professional services. The formation process is the same ($95 through INBiz), but membership is restricted to licensed professionals. For general formation, see how to form an Indiana LLC. For all types, see our overview.
Professions Requiring Professional LLC
Regulated through the Indiana Professional Licensing Agency (PLA - pla.in.gov):
- Physicians and surgeons
- Dentists
- Attorneys
- Certified Public Accountants
- Professional Engineers
- Architects
- Psychologists and counselors
- Veterinarians
- Optometrists
- Registered nurses (advanced practice)
- Chiropractors
Key Requirements
- All members must hold active Indiana licenses in the relevant profession
- LLC name must indicate professional status ("Professional LLC" or "PLLC")
- Members remain personally liable for their OWN malpractice
- Members are NOT liable for other members' malpractice or general business debts
- May need to notify licensing board of entity formation
Liability Protection Scope
Ready to get started?
Get Started| Liability Type | Protected? |
|---|---|
| Your own malpractice | NO |
| Other member's malpractice | YES |
| General business debts | YES |
| Employee claims | YES |
| Contract disputes | YES |
FAQ
Is a PLLC the same cost as a regular LLC?
Yes. $95 online through INBiz. $32 biennial Business Entity Report.
Can non-licensed people be members?
Generally no. All members must be licensed in the profession the PLLC practices.
Do I still need malpractice insurance?
Yes. The PLLC doesn't shield you from your own professional negligence.