Incorporate New York
Instructions on New York Incorporating
What will it cost to incorporate in New York?
The cost in state fees to incorporate in New York is a minimum of $135.00 (additional fees apply for over 200 shares no par value or a par value of all authorized shares over $20,000).
What are the costs involved in forming a New York LLC?
$200.00 State filing fee for a New York LLC.
How long will it take to get my New York Incorporation or New York LLC processed?
The New York Department of State will take about 2-3 business weeks to process your application unless you pay an extra expedite fee and then they will process in 24 business hours or less.
When we Incorporate your business in New York, our New York incorporation service includes:
- Drafting custom articles for an LLC or certificate for a Corporation.
- The incorporator initial resolution, or Organizer if New York LLC.
- Ratified corporate bylaws, or operating agreement if New York LLC.
- The New York State incorporation filing fees.
- Registered/resident agent service for New York.
- Our fees are: $100.00 New York Incorporation service and $125.00 New York registered agent incorporation service.
All for a total of only $425.00 for a New York LLC or a minimum of $360.00 for a New York Corporation.
A couple A la Carte options are choosing the State expedite fee to have your New York business done in 24 business hours or less and a federal tax ID number for another $50.00.
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 filed. The report will cost $9.00 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:
| $0-8,000.00 |
4% |
| $8,000.00-11,000.00 |
4.5% |
| $11,000.00-13,000.00 |
5.25% |
| $13,000.00-20,000.00 |
5.9% |
| $20,000.00-200,000 |
6.85% |
| $200,000.00-500,000.00 |
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%. |
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Northwest Registered Agent, LLC.
Albany, NY 12207
Albany County
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