Professional Corporation Package for New York
Understanding this form package
The Professional Corporation Package for New York is a comprehensive collection of legal documents designed to assist in the formation of a professional corporation within the state. This package includes all necessary forms and instructions that cater specifically to the unique requirements of professional service corporations as defined by New York law. Unlike standard corporation packages, this kit focuses on the intricacies associated with professional licensing and compliance, ensuring that your corporation is properly established to render services in regulated professions.
What’s included in this form package
- Certificate of Incorporation for a New York Professional Service Corporation
- Application of Name Reservation
- Annual Minutes for a New York Professional Service Corporation
- Sample Bylaws for a New York Professional Service Corporation
- Sample Corporate Resolutions for a New York Professional Service Corporation
- Organizational Minutes for a Professional Service Corporation
- Sample Transmittal Letter for Certificate of Incorporation
- Election of 'S' Corporation Status and Instructions - IRS 2553
- I.R.S. Form SS-4 (to obtain your federal identification number)
Situations where these forms applies
This package is essential when:
- You want to establish a professional corporation in New York, especially if you are licensed to practice a profession such as law, medicine, engineering, or accounting.
- You need to comply with New York State laws governing professional service corporations, which include specific certification and filing requirements.
- You are ready to apply for a corporate name reservation and file your Certificate of Incorporation.
Who should use this form package
- Licensed professionals in fields such as law, medicine, or engineering planning to form a corporation.
- Individuals looking to understand the legal requirements for establishing a professional service corporation in New York.
- Business owners who need to ensure compliance with specific state regulations governing professional services.
Steps to complete these forms
- Review the included forms and instructions carefully.
- Complete the Application for Reservation of Entity Name to secure your chosen corporate name.
- Fill out the Certificate of Incorporation, ensuring it meets all statutory requirements.
- Gather required certifications from the relevant state board to accompany the Certificate of Incorporation.
- File your documents along with the necessary fees with the New York Department of State.
- Conduct an initial organizational meeting to adopt bylaws and appoint officers and directors.
Do documents in this package require notarization?
Notarization is not commonly needed for forms in this package. However, if your state’s laws require it, our notarization service, powered by Notarize, allows you to finalize documents online 24/7 without in-person visits.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes to avoid
- Failing to reserve a corporate name before filing the Certificate of Incorporation.
- Not verifying that all officers and directors hold the required licenses.
- Neglecting to include the necessary state board certifications with the application.
- Overlooking specific naming restrictions outlined in New York law.
Benefits of completing this package online
- Convenience: Download forms anytime from the comfort of your home.
- Editability: Fillable forms are available to streamline the completion process.
- Reliability: Forms are drafted by licensed attorneys to ensure compliance with state laws.
Key takeaways
- The Professional Corporation Package for New York is tailored for licensed professionals wishing to form a compliant corporation.
- This package includes essential forms and detailed instructions specific to New York regulations.
- Proper documentation and adherence to state law are crucial for establishing a valid professional corporation.
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FAQ
The cost to start a New York limited liability company (LLC) is $200. This fee is paid to the New York Secretary of State when filing the LLC's Articles of Organization.
The fee for filing the Certificate of Incorporation is $125. The fee may be paid by cash, check, money order, MasterCard, Visa or American Express.
For corporations, limited partnerships and limited liability companies, who must file with the State, the filing fee is $25, though corporations must also pay an additional county- specific fee. The corporation county fee is $100 for any county in New York City and $25 for any other county in New York State.
Are you looking to form a New York professional corporation, but you're not familiar with the incorporation process? Professional corporations are those owned and operated by licensed professionals, like doctors, lawyers, and architects.
Please note that New York State law does not require a corporation to have a seal. Your telephone book's yellow pages or a yellow pages information operator (your area code + 555-1212) may be helpful in locating a legal stationery store.
What Is the Cheapest State to Incorporate? Delaware remains one of the more affordable states in which to form an LLC (14th lowest filing fee of 50 states). Delaware also ranks well for incorporation fees (17th lowest filing fee of 50 states).
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 a New York Biennial Statement.
Generally, it takes about six to seven weeks to meet the requirements for New York LLC formation, including processing the forms in New York.
Processing Time Filings are typically processed by the Department of State within 7 business days. 2 hour, same day and 24 hour processing options are available for an additional fee.
