New York Corporation and Partnership Law

Choose what works when considering New York incorporation The decision on whether to form a corporation or partnership depends on your long-term goals. Ownership is easier to divide in a corporation, while partnerships under New York partnership law are not well suited for growth or sale and do not offer stocks. Taxation is different for both types of entities. And, finally, New York corporation registration requires filing of paperwork and fees for each. Corporation law firms in New York can be an additional useful resource to help in your decision.

I recommend:  FindLaw will guide you through picking the structure that works for you. If you need further advice about incorporation in New York, find corporation law firms in New York at Martindale-Hubbell.

Make your New York corporation a reality New York corporation and partnership law requires filing certain forms as well as submitting fees. The filing may include articles of incorporation or, for New York LLC registration, articles of organization. Fees will vary depending on the structure. Although New York business corporation law allows the forms to be downloaded electronically, you must file in person, by mail or by fax.

I recommend:  Conduct a records search through the New York Department of State's search engine to find a business name that has not been incorporated. Find the correct forms for a corporation at the Division of Corporations' Business Corporation Filing page. Confirm the fee required by checking the Division of Corporations' fee schedule. A complete step-by-step guide to forming a business in New York can be found at the Department of State website.

Follow New York business corporation law closely New York corporation law requires specific information to be included in filings. The New York Business Corporation Act also details requirements regarding shareholders, naming conventions and ongoing administrative requirements under New York corporate law.

I recommend:  Review the laws related to New York incorporation, including New York partnership law, at onecle. Visit the Department of Taxation and Finance to learn about your tax obligations as a New York corporation. If in doubt, incorporate using a reputable online service such as Active Filings LLC.