• HOME
Log In
April 1, 2023
  • Home
  • Contact Us

User Panel Banner
Log In

  • Home
  • Business
  • Finance
  • Branding
  • Sales
  • Marketing
HomeBusinessHow To Form A Corporation?

How To Form A Corporation?

  • October 7, 2020
  • 0 comments
  • Craig Fischer
  • Posted in Business
  • 0
0
SHARES
FacebookTwitterGooglePinterest
RedditTumblr

When you have decided to form a corporation in New York, then there are several steps that you need to take so that you can create a corporation. A corporation stands out as a legitimate entity and has a separate and unique status from the people who operate and run it. When you form a corporation, you can easily safeguard all your liabilities and assets without any hassle.

Steps to form a corporation

To know how to start a corporation in New York State, given below are some of the steps that you need to follow. Take a look!

  • Select an appropriate name for the business.
  • Take a look at the availability of the name.
  • Get in touch with the registered agent.
  • Register a “Doing Business As” or DBA name.
  • Appoint the directors for the business.
  • File the articles of your incorporation with your state’s Secretary of State office.
  • Be sure to write down your corporate bylaws.
  • Draft a shareholder’s agreement. 
  • Conduct the initial board of directors meeting. 
  • Get the business license and permits. 
  • Issue the stocks.
  • Follow the New York biennial report needs.
  • Make decisions on how to wish to keep all your records.
  • Make sure to open a bank account.
  • Register with the local tax agencies, state, and IRS (Internal Revenue Service).

The Summary!

Even though starting your corporation can be time-consuming and expensive, it will help ensure that you are not liable for any legal issues associated with the business. The decisions of forming a company is an important one, and for that, you need proper guidance from the experts. Get in touch with your attorneys, advisors, and accountant so that you can make the right choices.

Craig Fischer
Craig Fischer

Related Posts

0 comments
Business

Setting Up a Customer Rewards Program – Proven Strategies for Incentivizing Loyal Customers

0 comments
Business

What is a Group Benefits Plan?

0 comments
Business

The Best Available Paper for Your Fountain Pens

Why You Need To Hire a Professional Cleaning Compa...

  • October 6, 2020
  • 0 comments

Reasons Why Businesses Choose Asset-based Loans

  • October 7, 2020
  • 0 comments

Share this

0
SHARES
FacebookTwitterGooglePinterest
RedditTumblr

Related Posts

0 comments
Business

Setting Up a Customer Rewards Program – Proven Strategies for Incentivizing Loyal Customers

0 comments
Business

What is a Group Benefits Plan?

0 comments
Business

The Best Available Paper for Your Fountain Pens

0 comments
Business

Best Payday Loans for Bad Credit in February 2023

Do not miss

0 comments
Business

Setting Up a Customer Rewards Program – Proven Strategies for Incentivizing Loyal Customers

gallery+10 Items

TOP POSTS

0 comments
Featured

Accessible and Disability Technological Advancement

  • March 26, 2023
  • 0
  • 7

How long do divorces take in Houston? Check this guide

  • March 21, 2023
  • 0
  • 7

Setting Up a Customer Rewards Program – Proven Strategies fo...

  • March 20, 2023
  • 0
  • 9

What is a Group Benefits Plan?

  • March 18, 2023
  • 0
  • 9
gallery+10 Items
The key to victory is discipline, and that means a well made bed. You will practice until you can make your bed in your sleep.

REcent post

Law

How long do divorces take in Houston? Check this g...

  • March 21, 2023
  • 7

HOT POSTS

1

Top communication skills ...

  • November 28, 2019
  • 0
  • 32
2

The Five Main Steps of Si...

  • February 12, 2020
  • 0
  • 33
3

Why you should invest in ...

  • November 21, 2020
  • 0
  • 40
Copyright @ 2023 officeosetup.com | All Right Reserved. Disable responsivity