Instructions on New York Incorporating

What will it cost to incorporate in New York?

$125 New York certificate of incorporation filing fee plus $10 minimum stock fee.

What are the costs involved in forming a New York LLC?

New York LLC articles of organization cost $200

How long will it take to get my New York incorporation or New York LLC processed?

It will take the New York Department of State about 2-4 weeks to process your New York articles of incorporation if you file by mail.  You can request 2 day processing if you pay a $75 fee.

We recommend faxing your documents. Faxed filings are auto expedited.

Do I need to reserve a name before I can incorporate in New York?

No, New York doesn’t require name reservations. However, when free business name search online to find one.

What am I going to be looking at for ongoing fees to New York?

The New York Department of State requires a biennial report for corporations and LLCs, which is due on the last day of the month you originally filed. The report will cost $9 every 2 years.

What are the New York business taxes?

The New York corporate net income tax rate is 7.1%. There is a minimum tax of $100-$1,500 depending on your county and assets.

The New York personal net income tax rates are:

$0-8,000 = 4%

$8,000-11,000 = 4.5%

$11,000-13,000 = 5.25%

$13,000-20,000 = 5.9%

$20,000-200,000 = 6.85%

$200,000-500,000 = 7.85%

$500,000 + = 8.97%

There are also a lot of local income taxes with an average rate of 1.17%.

The average New York sales tax rate is 8.3%. The state has a 4% tax, but the average local tax is 4.3% making a total of 8.3%.

When we incorporate your business in New York, our service includes:

  • Drafting custom articles for a New York LLC or New York corporation.
  • The New York incorporator initial resolution for a corporation, or New York organizer if New York LLC.
  • Ratified New York corporate bylaws, or operating agreement if New York LLC.
  • The state of New York incorporation filing fees.
  • Registered agent service in New York.
  • Our service fees are: $100 for New York incorporation service and $125 for New York registered agent.
  • All for a total of only $425 for a New York LLC or $360 for a New York corporation.