After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for New York corporations.
New York corporations must keep the following items with their corporate records at the principal place of business in New York or with the transfer/registered agent:
The following are taxation requirements and ongoing fees for New York corporations:
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
New York does not recognize the federal S corporation election and does require a state-level S corporation election.
View the following additional resources BizFilings has for forming and maintaining companies in New York:
The state in which you form your company can provide certain benefits.