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New York LLC and Corporation Registration and Formation
The 4th most populous state, New York is divided into 62 counties with the largest being New York City and it is home to several small and medium sized enterprises. It is also home to some of the top businesses or corporations in the nation and the world including AIG, ABC, AriZona Beverage Company, Avon, Bausch & Lomb, CBS Corporation, Eastman Kodak, Kimber Manufacturing, Marvel Comics, and MasterCard among others.
There are over 2 million small businesses in the state today, which is 7.2% of businesses across the country. So, if you are planning to form a Corporation in New York then it is one of the best choices you can make.
How do you form a New York business? Is it an exhausting process? What documents or information is required? If you are new to starting a business and also is in the state of New York then the entire process right from name search to registration and formation may seem like a daunting task. That is exactly the reason why we, one of the top New York Registered Agent are there to help you through the registration process.
Let’s take a look at how to form a New York business Corporation or LLC.
New York LLC Registration and Formation
LLC company formation in New York is governed by section 203 of the Limited Liability Company Law. The procedure for registration and formation of LLC is as follows:
Step#1: Hire a Registered Agent
The Limited Liability Company Law – Article 3, Service of Process, throws light on the services provided by a Registered Agent. Section 302 – Registered Agent for service of process is the section that highlights the fact that every domestic and foreign limited liability company will need to designate a state registered agent. We would take this opportunity to share with you the fact that we are one of the top Registered Agents in the state and have been responsible for over 11,494 company formations in New York.
We are in compliance with all regulations in the State of New York.
Step#2: Choose a Name
Article 2, section 204 of the Limited Liability Company Law states that in order to initiate LLC company formation in New York, company name is of utmost importance. One of the important aspects to consider is that the chosen name will contain the abbreviation “L.L.C.” or “LLC” or without any abbreviation, the words “Limited Liability Company”. Most importantly, you will need to check for name availability, so that your business name is unique. Check name availability here.
If the chosen business name is available then download the “Application for Reservation of Name” form and submit it.
Step#3: Articles of Organization
If you are planning to form a New York business LLC then the most important step is to prepare and file the Articles of Organization for a Limited Liability Company. The Articles of Organization pursuant to Section 203 of the New York State Limited Liability Company Law has to be filed with the Department of State, Division of Corporations, STATE RECORDS AND UNIFORM COMMERCIAL CODE, Albany, New York.
Note: You will also need to submit a “Certificate of Good Standing” or a “Certificate of Authority (Form PLS709)” under seal from the appropriate Appellate Division or the New York State Department of Education, Division of Professional Licensing Services, Corporations Unit, Albany, NY. It needs to be submitted along with the Articles of Organization.
We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the LLC registration.
Should you have any questions regarding how to form a New York business, feel free to call us on 702-871-8678.
New York Corporation Registration and Formation
If you are planning to form a Corporation in New York then the procedure for registration and formation is as follows:
Step#1: Hire a registered agent
According to New York Consolidated Laws, Business Corporation Law – Article-3, BSC § 305, both domestic and foreign entities need to designate a Registered Agent for service of process. We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 company formation in New York.
We are in compliance with all regulations in the State of New York.
Step#2: Choose a Name
In order to form a Corporation in New York you will be required to identify a name and reserve it. The name should contain words like “Incorporated”, “Corporation”, or “Limited”, and the name should be unique in nature. Once you have identified a name for your business, it is important that you check its availability in the name database for the state. Check name availability here.
When you file the application for “Reservation of Name” pursuant to Section 303 of the Business Corporation Law, it will be reserved for a period of 60 days.
You can file this form manually as well as online. You can download the form from here.
Step#3: Certificate of Incorporation
You can form a Corporation in New York only when “Certificate of Incorporation” pursuant to Section 402 of the Business Corporation Law has been filed. If you plan to form a professional service corporation then you will require a “Certificate of Incorporation” pursuant to Section 1503 of the Business Corporation Law while the formation of a foreign business corporation will be possible by filing an “Application for Authority” that is pursuant to Section 1304.
If you have any questions regarding New York incorporation or LLC formation, you can simply visit the New York Business formation page.