When naming a professional corporation in the state of Illinois, you will need to include the words “professional service corporation” or the abbreviation “PSC.” Your professional corporation’s name also cannot include any words or abbreviations that indicate other business types, like the phrase “limited liability company” or the initials “LLC.” You also are not allowed to include words that refer to certain types of businesses (like “bank” or “law office”) unless your business fits those descriptions. There are three major elements to consider when choosing a name: Legalities One of the most important aspects of the incorporation process is naming your business. How to Form an Illinois Professional Corporation (in 11 Steps) Step One) Choose a Name To get started, please reference our 11-step guide below or hire a professional online incorporation service like LegalZoom. There are quite a few important steps you’ll need to take to create your Illinois professional corporation and maintain it, so this guide will outline the rules and regulations involved with this process. Professional corporations are those owned and operated by licensed professionals, like doctors, lawyers, and architects. Are you looking to form an Illinois professional corporation, but you’re not familiar with the incorporation process?
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