Overview New York Inc

New York LLC Publication New York State law requires limited liability companies and LP's to publish notice of formation in two newspapers for six weeks and to file a Certificate of Publication after the LLC or LP has been published. We can arrange to publish your New York LLC or LP and file the Certificate of Publication.You may order Blumberg's New York LLC or LP Publication Service before you checkout. If you order the LLC Publication Service, your cost at checkout will increase by $100 (initial payment). We will notify you separately of the total cost, which varies by county.

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B-CORPS – A Benefit Corporation The new NY business benefit corporate entity (called B-Corps) is authorized by Article 17 of the Business Corporation Law. We can help you form a B-Corp. The law requires, under § 1709, " Conspicuous language on the face of certificates." B-Corp clause is: 7NY4 This entity is a benefit corporation organized under Article Seventeen of the New York Business Corporation Law

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NY Not-for-Profit Incorporation with Optional 1023EZ Filing Streamlined filing process; current IRS tax language We can help you avoid many of the pitfalls when forming a not-for-profit corporation in New York. We determine if any State agency consents are required. Our expertly prepared documents, approved by the State and IRS, incorporate all the necessary information for filing and aid in streamlining the tax exemption process. Once a final document has been approved for filing, we send an email confirmation of filing to you, usually within 24–48 hours. Add a Certificate Suitable for Framing to your order. This handsome, NY State issued certificate has the nonprofit name, year of creation and State Seal. It is mailed separately, taking on average 4–6 weeks. Our  NY not-for-profit forms are authored by The Lawyers Alliance for New York and were revised to comply with the Nonprofit Revitalization Act of 2013 as revised effective May 27, 2017. They are included with our NY not-for-profit corporate kits.  

Overview

1. Basic Information
Legal system?	Common law
Type of company?	Inc/LLC
Re-domiciliation permitted?	No
Tax on offshore profits?	Nil
2. General Requirements
Minimum number of shareholders?	1
Minimum number of directors?	1
Corporate Directors permitted?	No
Corporate secretary required?	Yes
Standard authorised shares/capital?	N/A
3. Local requirements
Registered office/registered agent?	Yes
Company secretary?	Yes
Local Directors?	Yes
Local meetings?	No
Due diligence required?	Yes
Beneficial Owners publicly disclosed?	No (but known to Government/Local agent)
Government register of Directors?	Yes
Government register of Shareholders?	Yes
4. Annual requirements
Annual return?	Yes
Audited accounts?	Depends on turnover/group structure
5. Chinese language features?
Chinese name on C.o.I?	No
Chinese M&A available?	No
6. Nr of days to incorporate?
English name	2
English & Chinese name	N/A

Pro and cons

Please refer to our blog for up-to-date reporting and comparisons on the jurisdictions we offer.