New York Incorporation: Incorporate in New York
New York Incorporation
New York incorporation can get complete protection from personal liability for business debts. New York State is a place where businesses of varied sizes and models are established to exploit the talented and experienced workforce along with rich resources available in the state. New York is pro-business as it offers a lot of economic incentives making the place an ideal place to start business. The Empire State Development has converted the economic development agencies of New York Sate into a single customer-friendly organization to offer businesses assistance based on their requirements.
In NY, taxpayers are benefited with all necessary incentives offered by the New York State. Since 1995, New York has created scores of private jobs and has attracted high technology businesses from across the nation. Also, there is continuous existence of the company and no restriction on the number of C-Corporation shareholders.
Incorporate in New York: Important Requirements for Maintaining a NY Corporation
- To incorporate in New York corporations should file a Biennial Statement with the Department of Revenue every two years after inception.
- New York also requires documents of the corporation to be kept at the headquarters or principal place of business of the corporation. These documents are described in New York Business Corporation Laws #624.