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Domestic and foreign business corporations are required by Section 408 of the Business Corporation Law to file a Biennial Statement every two years with the New York Department of State.
All LLCs opened in NY are required to file an annual report. The report is currently filed every two years, as a biennial report. However, this may change over time and it's important to stay in good standing with the state with maintain annual compliance in case this requirement will change.
New York Department of State Due Date: Biennially by the end of the registration anniversary month. Penalty: No late fee.
The state uses biennial statements to stay informed of the contact information of your LLC. Your biennial statement must provide the following information: The name of your LLC. Your Service of Process address.
Tips for Choosing a Name for a Professional Entity The corporate name must end with the words ?Professional Corporation? or ?P.C.?. The limited liability company name must end with the words ?Professional Limited Liability Company? or ?Limited Liability Company? or ?P.L.L.C.?, ?PLLC?, ?L.L.C.? or ?LLC?. Choosing a Name for a New York Domestic Professional Corporation ... cogencyglobal.com ? blog ? bid ? choosing... cogencyglobal.com ? blog ? bid ? choosing...
Some examples of S-Corporation By-Laws which may appear on a company's records are: Annual meetings are to be held for the purpose of electing a governing board of directors for the upcoming year. A quorum of six directors is needed in order to proceed with voting or other transactional business. Examples of S-Corporation Bylaws - Small Business - Chron.com chron.com ? examples-scorporation... chron.com ? examples-scorporation...
Bylaws are not required at the time of incorporation, but after a corporation has been established, the incorporators must meet to adopt bylaws. Bylaws are kept at the corporation's principal place of business and are not filed with the Department of State. How to form a New York corporation | .com ? articles ? how-to-form-a-n... .com ? articles ? how-to-form-a-n...
Any Certificate of Status or status letter obtained from the New York Department of State will reflect that the corporation or LLC is past due in the filing of its Biennial Statement. This may prevent the corporation or LLC from completing certain business transactions. Biennial Statements for Business Corporations and Limited Liability ... ny.gov ? biennial-statements-business-corpora... ny.gov ? biennial-statements-business-corpora...