NYS Incorporation

NYS Corporation Formation

A New York corporation is a legal entity formed under state law that affords its owners limited liability, structure, and perhaps most importantly, credibility in the eyes of investors.

At New York Registered Agent, we help New Yorkers incorporate every day — without the abhorrent fees and endless bureaucratic roadblocks.

An employee of New York Registered Agent examines a document inside the Albany office.

ARE YOU A DO-IT-YOURSELFER?

We get it. Sometimes you’ll want to take care of your business yourself. If this is what you decide to do, you can hire us to be your registered agent and still benefit from free documents and filing tips.

our package

When you register your corporation with New York Registered Agent, you not only get expert support for the lifetime of your business—you get additional business services for free.

  • 365 Days of Unbeatable New York Registered Agent Service
  • Free New York Corporate Bylaws, Resolutions and Stock Certificates
  • Free Use of Our Address on Incorporation Documents
  • Business Domain, Website, Email, SSL, and Phone Service
  • Online Account to Monitor, Track, and Receive Important Business Documents
  • Real-Time New York Biennial Statement Reminders
  • Option to Add Additional Filing Services (EIN,DBA)
  • Option to Order Corporate Book and Custom Embossing Seal
  • Lifetime Client Support
SERVICE FEE
NEW YORK STATE FILING FEE $130
OUR INCORPORATION SERVICE FEE $100
1 YR REGISTERED AGENT SERVICE $49
TOTAL $279

NYRA Guide to Forming a Corporation in New York

To incorporate in New York State, you need to file a Certificate of Incorporation in with the New York Division of Corporations. Already incorporated in another state but want to do business in NY? Your business is considered a foreign corporation and you’ll need to obtain a New York Certificate of Authority (we can help with that!).

Incorporate yourself or hire us — either way, here’s how to get it done.

Get an EIN

An EIN is like a social security number for your business. Come tax time, the IRS will use it to identify your corporation.

You can apply for an EIN online for free with the IRS. Or you can hire us to get your EIN for you at checkout.

Yes. The IRS requires you to get an EIN for your corporation to pay federal taxes. You’ll probably also need your EIN for a bunch of other things, like opening your bank account or applying for New York business licenses.

Create New York Corporate Bylaws

Corporate bylaws are the rules that govern how your corporation is run. Skipping this step would be like forgetting to tell your spouse you wanted an open marriage: it’s not going to end well. You need corporate bylaws so that everyone involved is on the same page for some pretty important stuff, like how big decisions are made.

No. Corporate bylaws are an internal legal document.

Good corporate bylaws will create rules for how your corporation hosts meetings, issues stock, appoints directors and officers, deals with profits, and issues dividends. Your bylaws should also define voting procedures and spell out the process for amending bylaws.

Unless you’re a corporate lawyer, you probably shouldn’t. You can give all your money to a lawyer to create yours or you can just hire us to incorporate and we’ll provide corporate bylaws you can use.

Host Your Organizational Meeting

Your organizational meeting is where you iron out the details—adopt corporate bylaws, appoint officers, and make decisions about issuing stock. Maybe have some pizza too?

Open Your New York Corporation’s Bank Account

Opening a business bank account is vital if you want to maintain your limited liability status. You’ll need to bring:

  • your New York corporation’s EIN
  • a copy of your Certificate of Incorporation
  • your corporate bylaws

A corporation is a separate legal entity, so you need to keep your personal finances separate from your corporation’s finances. Starting a dedicated bank account for your corporation is one of the key ways to make sure that happens.

Apply for a New York Business License

New York has a ton of weird regulations. Shocking, right? Depending on what kind of business you’ll be doing, you’ll probably need to apply for some sort of business license or permit on the city or state level.

There’s no general business license you need to do business in New York State. But you still probably need to secure a business license (or two or three or more) on the local level, depending on your business type.

It really depends on what you’re doing and where you’re doing it. New York City corporations can use this New York City questionnaire to generate a customized list of requirements on the city, state, and federal level. Outside of NYC, corporations can use this New York State questionnaire. If you’re feeling old-timey, you can also just call up your county clerk and ask.

The cost of a business license in New York can vary greatly depending on your business activity and location. For example, in NYC, a food truck will pay $200 for a two-year permit while a seafood delivery business will pay $4,000.

File Your New York Biennial Statement

New York corporations file a report—called the New York Biennial Statement—every two years. The purpose of the Biennial Statement is to update your contact information with the state. You can only file your New York Biennial Statement online through the state’s e-Statement Filing System.

It costs $9 to file your New York Biennial Statement.

Well, yes. If you don’t, your corporation will lose its good standing with the state, and that could make doing certain things—like opening a bank account or obtaining a Certificate of Existence—pretty difficult.

New York corporations must file a Biennial Statement by the last day of the corporation’s anniversary month every other year. For example, if you incorporated in New York in January of 2020, your corporation’s Biennial Statement would be due on January 31st of 2022.

Incorporate today with New York Registered Agent LLC

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