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How much does it cost to form a corporation in New York? You can register your business name with the New York Secretary of State for $20. To file your Certificate of Incorporation, the New York Secretary of State charges a $125 filing fee.
How to Form a Corporation in New York Choose a Corporate Name. ... File Certificate of Incorporation. ... Appoint a Registered Agent. ... Prepare Corporate Bylaws. ... Appoint Directors and Hold First Board Meeting. ... Issue Stock. ... File New York Biennial Statement. ... Comply With Other Tax and Regulatory Requirements.
You can file the document online or by mail. The Certificate of Incorporation costs $125 to file (plus a card processing fee). Once filed with the state, this document formally creates your New York corporation. However, to actually ready the corporation to do business, you must complete several additional steps.
Specific Rules for New York Business Names For example, per the state's BSC Article 3, § 301, the name of a corporation or foreign corporation must "contain the word 'corporation,' 'incorporated' or 'limited,' or an abbreviation of one of such words."
If you fail to file your New York biennial statement, you won't be charged any late fees and New York will not administratively dissolve your LLC. Instead, the New York Department of State will change your LLC's status to ?past due,? meaning you'll lose your good standing.