Start a Business in New York
This page was last fact-checked January 22, 2014.
This guide provides step-by-step paperwork, filing fees, and processing times to start your business. It will help you file formation documents, obtain tax IDs, and set up company records. Please note:
- The registration process varies by business structure. If you have not decided whether you want to form an LLC, corporation, or other business structure, click here.
- The registration process also varies by state. If you do not wish to form your business in New York, click here.
Paperwork, cost, time and step-by-step instructions
Below is an overview of the paperwork, cost, and time to form each of the most popular business structures. Click the structure to view step-by-step formation instructions.
|New York Limited Liability Company||
|New York Corporation||
|New York Nonprofit||
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.