Skip to content

Why Form a Corporation 


In New York?

$0 + State Fee & First Year Free Registered Agent.


Enterprising Woman with technical skills

About New-York Corporation

How to Incorporate In New York


Setting up a NY corporation doesn’t have to be complicated. We’ve created this straightforward guide to get you started. Want Bizee to do the work for you? We make starting a New York S Corporation or C Corporation fast and easy.

Start your S Corp with Bizee

The Benefits of New York State Incorporation


The benefits of forming a New York corporation include:


Here’s what is typically included:

  • A New York S Corporation or C Corporation will protect your personal finances and assets by limiting your liability.
  • If you want to pay less self-employment tax, a New York S Corporation can save you money.
  • NY S Corporations give you some options for creating, transferring, and selling stock.
  • For more options to create, buy, sell or transfer stock (including publicly), a New York C Corporation is the option you need.

If you don’t need the options for buying and selling stock, a New York LLC may be a better choice for your business. You can even have your LLC treated as an S Corporation for tax purposes to save you money.

The Six Steps to Setting Up Your New York Corporation

01

Search For and Choose the Right Name for Your NY Corporation

  • You will need to choose a unique, distinct, and original name for your New York corporation.
  • This name cannot be used by or confused with another business in New York.
  • The name of your business must end with “Corporation,” “Incorporated,” “Limited,” or an abbreviation of one of these,

See if the name is available by searching for it on the New York Department of State's website.


Learn how to name your New York corporation


02

Provide an Official Address for Your NY State Corporation

Every New York S Corporation or C Corporation must have a designated street address. That could be your home address (if you’re running the company from your residence), your company’s office building, or any physical address of your preference. The address can be outside NY, but it cannot be a P.O. Box.

03

Assign a Registered Agent for Your New York Corporation

Every New York corporation must have a Registered Agent who receives official legal and tax correspondence and has responsibility for filing reports with the New York Department of State. Your Registered Agent must have a physical street address in New York.


A Registered Agent position for a New York S Corporation or C Corporation can be filled in several ways.


A Registered Agent could be you, a director, or an officer of the corporation. The New York Registered Agent for your corporation must have a physical street address in New York. They need to be available during business hours to receive important documents for your corporation.


Here at Bizee we always recommend using a proper New York Registered Agent service since they provide several benefits:


  • Some people establish companies outside of the state they live in and will use a Registered Agent service to provide an address for receiving legal documentation in the state.
  • The Registered Agent address is listed in public records on the NY Division of Corporations website. If you do not want your own name and New York address to be registered, you should use a Registered Agent service.
  • The Registered Agent must be present or available during normal business hours (9 a.m. to 5 p.m. Monday to Friday) to receive any legal correspondence since the type of documents delivered to the Registered Agent requires a signature on delivery.

  • At Bizee, all of our packages include a New York Registered Agent service that is free for the first year and just $119 per year afterward. We also have a dashboard where you can log in and easily view any document your Registered Agent has received on your behalf.


    Learn more about New York Registered Agents.

04

Draft and File Certificate of Incorporation


The legal document required to create your new corporation is called a Certificate of Incorporation. You will need to gather various details for your New York filing with the department of state including:


  • The corporation’s name.
  • The corporation’s mailing address and street address.
  • The corporation's Registered Agent and their address.
  • The name and address of the incorporator.
05

File Your Certificate of Incorporation With the New York Department of State

Once your Certificate of Incorporation document is drafted, you can file it with the New York Department of State. Filing your Certificate of Incorporation creates your New York corporation. You can do this online, mail in a form, or have Bizee do it on your behalf.

06

6. Your NY Corporation Will Need to Meet Certain Legal and Compliance Requirements


Once your New York corporation has been created, you will need to get certain legal requirements in place. These include:


  • File IRS Small Business Tax Election Form 2553 if you want your NY business to be treated as an S Corporation. Any New York S Corporations formed through Bizee will also include a prepared Form 2553 that will be delivered with the state formation documents.
  • Create and issue stock certificates to your shareholders.
  • Apply for business licenses and permits. You may require licenses from the state of New York, your county, township, and various industry or federal bodies.
  • Get an Employer Identification Number (EIN).
  • File for taxes with the New York Department of Taxation and Finance.
  • Get all formalities in place for employees, including unemployment, disability, payroll, insurance, and taxes.
  • Appoint a Board of Directors for the corporation.
  • Appoint officers to the corporation.
  • Get a corporate records book to capture all your important corporate information.
Start Your S Corp with Bizee

Starting a Corporation in NY — Useful Resources

Other Types of NY Corporations


A regular New York S Corporation or C Corporation is suitable for almost all business needs, but you also have a few other options to incorporate a special type of corporation.

01

Form a Professional New York S Corporation or C Corporation

Some states, including New York, allow certain occupations to form “Professional Corporations.” These types of corporations may need special requirements and licensing. NY State does not list the specific professions that can form professional corporations, although the name of the corporation must end with the words “Professional Corporation” or the abbreviation “P.C.”

02

Form a Foreign LLC in New York

A “foreign” filing is when you have a regular, domestic corporation in a state (typically the one where you first formed your business) and need the company to be able to operate in another state. This is where you would file a “Foreign Qualification” to the new state for your domestic corporation to be able to operate in both states. You must have an existing domestic corporation before you can file as a foreign corporation.

Need to Form a New York Corporation Quickly?


Bizee provides a cost-effective service to help you create your corporation. We guide you through the process and handle most of the administrative steps on your behalf, such as filing your Articles of Incorporation. Our packages also provide a free Registered Agent service for the first year. If you're looking for assistance forming a corporation, we can help you start a NY S Corporation or C Corporation.

Start your S Corp with Bizee

incorporate now

Launch your business with bizee

No Contracts. No Surprises. Only $0 + State Fee to Launch Your Business.

Fees and Requirements

in New York

Filing Time and Price


The state charges this amount to file a new business entity. This fee goes directly to the Secretary of State.

Compliance Requirements


This report is mandatory and must be filed within the specified time frame in order for the entity to remain in good standing with the state. Failure to file this report can lead to the company being revoked or administratively dissolved.

State Fee

$75

State Filling Time

4 Weeks

Expedited Filing Time

5 Business Days

Statement of Information

Frequency

Biennially

Due Date

During six-month period ending on last day of anniversary month of incorporation or qualification.

Filing Fee

$20

Filing Fee

There is no charge for the Public Information Report. The Franchise Tax Fee is based on the revenue of the LLC.

Important

The initial Statement of Information filing is due within 90 days of the entity formation date.

Learn More About Starting a Business in California

Additional resources, guides, and articles for better decision making.

See How Easy It Can Be to Get Your Business Incorporated

Silver

$130

one time payment

Package fee:

$0

State fee:

$130

Gold

$279

one time payment

Package fee:

$149

State fee:

$130

Platinum

$429

one time payment

Package fee:

$299

State fee:

$130

want to learn more about llc?

Subscribe Now to Learn More About LLC and Starting a Business