Certificate of incorporation in new york
A Certificate of Incorporation is a legal document that is filed with the New York State Department of State to form a corporation in the state of New York. Here are the general requirements and steps to obtain a Certificate of Incorporation in New York:
Requirements:
- The name of the corporation must be unique and distinguishable from other business entities in New York State.
- The corporation must have a registered agent and office in New York State.
- The corporation must have at least one incorporator who is a natural person or a domestic or foreign corporation.
- The corporation must have a minimum authorized capital stock of $10,000.
- The corporation must have a corporate purpose, which is the purpose for which the corporation is formed.
Steps to obtain a Certificate of Incorporation:
- Choose a name: Choose a unique and distinguishable name for your corporation. Make sure to check if the name is available by searching the New York State Department of State's database.
- Prepare the Certificate of Incorporation: Prepare a document that includes the following information:
- The name of the corporation
- The purpose of the corporation
- The name and address of the registered agent
- The name and address of the incorporators
- The number of authorized shares of stock
- The par value of the authorized shares of stock
- File the Certificate of Incorporation: File the Certificate of Incorporation with the New York State Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Street, Albany, NY 12231.
- Pay the filing fee: The filing fee for a Certificate of Incorporation in New York State is currently $200.
- Obtain a Certificate of Incorporation: Once the Certificate of Incorporation is filed and the filing fee is paid, the New York State Department of State will issue a Certificate of Incorporation, which serves as proof that the corporation is officially formed.
Additional Requirements:
- Bylaws: The corporation must adopt bylaws, which are the rules and regulations that govern the internal affairs of the corporation.
- Initial Stock Certificate: The corporation must issue an initial stock certificate to its initial shareholders.
- Tax Identification Number: The corporation must obtain a tax identification number from the Internal Revenue Service (IRS).
- Business License: The corporation may need to obtain a business license or permit from the state or local government where it operates.
It's recommended that you consult with an attorney or a business formation service to ensure that your Certificate of Incorporation is properly prepared and filed.