Start a Business in New York
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LLC, C-Corp, or S-Corp?
Choose which one is right for you.
Limiting Your Liability
Do you need liability insurance, limited liability protection, or both?
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This guide on starting your business in New York provides step-by-step instructions on the paperwork to file formation documents, obtain tax IDs, and set up company records.
Step-By-Step Startup
Below is an overview of the paperwork, cost, and time to form each of the most popular business structures. Simply click on the link for your desired structure to view detailed step-by-step instructions.
- If you have not decided whether you want to form an LLC, corporation, or other business structure, click here.
- If wish to form your business in a different state than New York, click here.
Structure | Paperwork | Cost | Time |
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New York Limited Liability Company Click for step-by-step instructions |
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New York Corporation Click for step-by-step instructions |
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New York Nonprofit Click for step-by-step instructions |
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Top 5 Tips on Registering a Business in New York
- LLCs require publication. Corporations do not. We'll explain this requirement for LLCs and the additional ~$200 expense to publish and $50 fee to file proof with the state.
- The Secretary of State takes approximately 4 weeks to process filings. Filings can be expedited for $25 and will be completed within 24 hours. In response to your formation, the NY Department of State will issue an official filing receipt that contains the filing date, which is also the official date of formation.
- For an LLC, the operating agreement may be entered into before, at the time of, or within 90 days after the filing of the Articles of Organization.
- New York State does NOT offer a consolidated state tax registration application. Register for individual tax accounts that apply. If your organization conducts activities in New York City, register for city taxes with the The City of New York Finance Commissioner.
- Both corporations and LLCs must file a biennial report with the NY Department of State.