How to Incorporate in New York

A New York incorporation is done by submitting a Certificate of Incorporation with the filing fee of $135 (incorporation and minimum stock fee) to the New York Department of State. You can incorporate in New York online, or you can mail or fax the Certificate of Incorporation (online filings are processed more quickly). A New York corporation must file for an Employer Identification Number from the IRS. After you incorporate in New York, you will need to approve your corporate bylaws, Board of Directors and corporate officers. A biennial report must be submitted every two years with the Department of State. The BR fee is $9.

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 filing online or faxing your documents. Online filings are processed more quickly at with no additional fees. Faxed filings are auto expedited so you do have to pay an additional fee.

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

No, New York doesn’t require name reservations. You can do a free business name search online to see if your name is available.

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%.

What does your New York incorporation service include?

If you would like to start a business in New York, we can help.

  • 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.