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Who Must Have a Debt Collection Agency License? Businesses whose principal purpose is to regularly collect or to attempt to collect personal or household debts from New York City residents must have a Debt Collection Agency license no matter where the agency is located, including outside of New York State.
Minimum License Requirements Be 18 years of age or older. Complete prelicensing education requirements. Pass the applicable New York State examination within 2 years of applying for the license. ... Submit a completed license application to the Department within two years of passing the exam. ... Pay the licensing fee.
An Employment Agency License is required for any business that provides job assistance for a fee. This includes helping employers find employees and helping jobseekers find work. The New York City Department of Consumer and Worker Protection (DCWP) issues this license.
There are no formal requirements for becoming an agent, but a bachelor's degree is strongly recommended. Advanced degrees in law and business are becoming increasingly prevalent; law and business training are useful because agents are responsible for writing contracts ing to legal regulations.
Talent agency applicants conducting business outside New York City apply for their licenses through the state's Department of Labor, while those within the city apply with the NYC Department of Consumer Affairs. All talent agencies need a $10,000 surety bond.
Start a talent agency by following these 10 steps: Plan your Talent Agency. Form your Talent Agency into a Legal Entity. Register your Talent Agency for Taxes. Open a Business Bank Account & Credit Card. Set up Accounting for your Talent Agency. Get the Necessary Permits & Licenses for your Talent Agency.
Talent agency companies are licensed under the Employment Agency Law of Article 11 of the NY General Business Law, including Article 37, of the Arts and Cultural Affairs Law.