Incorporating in New York (NY)
Whether you are starting a business or wish to incorporate a business already in existence in New York, BizFilings can help you learn about the requirements for corporations and limited liability companies (LLCs) in the State of New York.
BizFilings' New York Incorporation Service Packages
If you decide that a New York corporation or LLC is the best option for your business, we can incorporate your company in New York without costly legal fees. BizFilings is rated "A+" by the Better Business Bureau, offers a lifetime guarantee on filing services, and has been trusted by over 500,000 entrepreneurs to assist with their filing needs.
|
|
|
$115 + State Fees |
$250 + State Fees |
$350 + State Fees |
- Preparation and Filing of Incorporation Documents
- Preliminary Name Check with State
- Free Registered Agent Service for 6 months
- BizComply Online Compliance Tool
- 24/7 Access to Online Corporate Status Center
|
- Everything included with the Basic Package
- Expedited Processing Service
- Corporate Kit & Seal
- Corporate Forms CD
|
- Everything included with the Standard Package
- Tax ID (EIN) Number Obtainment
- Compliance DVD
- Certified Copy of State Filed Documents
- Overnight Shipping
|
|
|
|
Incorporating Online: How Does it Work?
Whether you wish to form a corporation, form an LLC or form another type of business, it's easy to incorporate online with BizFilings. Our process for incorporating your business is explained in detail here. If you have questions about how to incorporate, how to form an LLC, or why you might need to incorporate, read more in our learning center, call our knowledgeable and experienced customer service staff, or chat with one of our representatives online.
State Fees Apply
Each state charges filing fees that apply separately from BizFilings' incorporation package pricing. These fees will be reflected when you get a Fast Quote using any of the links above. You can also view our list of fees by state.
Incorporating in New York
New York Corporate Name Endings
New York Corporation Requirements
New York Corporate Taxes and Fees
New York Business License Requirements
New York Corporate Name Endings
The name must contain the word "Corporation," "Incorporated," "Limited," or an abbreviation thereof. The name may not be the same as, or so similar or confusing to, that of any domestic or authorized foreign corporation or reserved name. The name may not contain any word or phrase indicating the corporation is formed for any purpose other than the purpose for which the corporation may be and is formed. The use of certain enumerated words and abbreviations including banking, insurance, and various professions is prohibited or restricted.
New York Corporation Requirements
Director Information
Minimum Number: Not less than three, unless there are only one or two shareholders of record; then the number of directors may be less than three but not less than the number of shareholders.
Residence Requirements: No provision.
Age Requirements: Directors must be a natural person at least 18 years of age.
Directors are not required to be listed in the articles of incorporation.
Officer Information
Officers are not required to be listed in the articles of incorporation.
Stock Information
An increase in shares may cause an increase in initial filing fees.
Corporation Records
The stock transfer ledger must be kept in the principal corporate office.
Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://www.tax.state.ny.us/.
S Corporation
S Corporation status is recognized by the State of New York; however, New York imposes a franchise tax on S Corporations. A separate state election from the federal election is required.
License Requirements
New York requires that you obtain a license and pay a fee if operating certain types of businesses in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Form a Limited Liability Company (LLC) in New York
New York LLC Name Endings
New York LLC Requirements
New York LLC Taxes and Fees
New York Business License Requirements
New York Publication Requirements
LLC Name Endings
The name of a LLC must end with "Limited Liability Company," "LLC," or "L.L.C."
New York LLC Requirements
Member/Manager Information
Minimum Number: one or more
Residence Requirements: no provision
Age Requirements: directors must be a natural person at least 18 years of age
Members/managers are not required to be listed in the articles of organization
New York Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://www.tax.state.ny.us/.
License Requirements
New York requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Publication Requirements
In New York, limited liability entities are required to publish notice of their formation or registration in two New York newpapers and to file proof of publication with the Department of State within 120 days. The publication is made at the county level in two newspapers. Failure to comply with the publication requirement by the deadline results in the suspension of a company's authority to do business in the State of New York.
As a convenience for our customers, BizFilings offers an end -to -end NY Publication Service to help companies comply with Senate Bill 85 - A. As part of this service, BizFilings obtains a copy of the domestic formation or foreign registration document which allows for publication; drafts your Notice of Publication; publishes the Notice for the Statutory Period; and Files the Affidavit(s) of Publication on your behalf.
Registered Agents in New York
New York corporations and LLCs are required to have a registered agent located in New York. The New York registered agent is responsible for receiving important legal and tax documents including service of process (litigation) documents, franchise tax forms, and annual report forms.
A New York registered agent is an individual or company located at a street address in New York. Post office boxes are not acceptable addresses for a registered agent in New York.
If a company, such as BizFilings, is acting as your registered agent they must be registered as a corporation in New York. There are a number of advantages to using a registered agent service provider in New York, but the advantages differ between large and small companies.
Large companies in New York benefit by having service of process and state documents send to their registered agent's office in New York. The registered agent follows delivery instructions to ensure that important documents reach the correct individual. Smaller companies in New York benefit by providing a consistent New York address.
Another advantage to using another company as your New York registered agent is that the information of your New York registered agent is public record.
Learn how to select BizFilings as your registered agent in New York.
|
