Sales Associate Legal Name

Q: I’m a sales associate, and I want to incorporate for tax purposes. I want to incorporate as “World’s Best Realtor LLC.” Is that OK? 

A: No. Pursuant to Section 475.161, Florida Statutes, a sales associate may incorporate as a PA (Professional Corporation), an LLC (Limited Liability Company) or a PL (Professional Limited Liability Company) for the purpose of having commission paid to the appropriate corporation. The PA, LLC or PL may be incorporated only under the sales associate’s legal name as registered with the Department of Business and Professional Regulation. For example: John Johnson, PA.