Entity Formation & Structuring — New York
What’s Included
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Entity Type Analysis — Comparative analysis of sole proprietorship, single-member LLC, multi-member LLC, S-Corporation, C-Corporation, and partnership structures.
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New York State Formation — Articles of organization or incorporation filed with the New York Department of State.
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Publication Requirement — Compliance with New York’s LLC publication requirement, including county selection and newspaper filing.
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EIN Acquisition — Federal Employer Identification Number obtained from the IRS.
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Operating Agreements — Guidance on operating agreement provisions that affect tax treatment and member obligations.
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S-Corp Election Filing — Form 2553 preparation and filing when S-Corporation status is beneficial.
Entity Formation & Structuring in New York
New York has unique requirements for business formation that don’t exist in most other states. LLCs formed in New York must publish a notice of formation in two newspapers (one daily, one weekly) in the county where the LLC is located for six consecutive weeks. The cost of publication varies dramatically by county — from a few hundred dollars in some upstate counties to several thousand in Manhattan.
We guide clients through this process, advising on county selection strategies where applicable and making sure all formation steps are completed in the correct sequence. We also evaluate whether forming in another state (such as Delaware or Wyoming) with a New York foreign qualification makes sense for your specific situation.
Ready to Get Started?
Contact us to learn more about entity formation & structuring services in New York.