New York Incorporation
New York remains one of the most popular states for company formation. With the third largest population in the United States, New York has a thriving business community. Some of the largest U.S. companies, including Citigroup and Verizon Communications, maintain their headquarters in New York. This state also services many small businesses, particularly in major industries like finance and communication. New York incorporation can be very complicated but we aim to deal with that for you to make the whole process easy for you.
If you want to incorporate in New York, we can help you form your new company with the New York Department of State.
Business owners form corporations to safeguard their personal assets from business debts and liabilities. A properly formed and managed corporation can give you the freedom to conduct your business without worrying that you might lose a home, a car, or any of your personal savings because of a business obligation. .
The main advantages of New York Incorporation are: lawsuit protection, credibility, tax savings, deductible employee benefits, anonymity, and the simplicity of raising capital. By creating a separate legal entity for personal protection purposes, New York incorporation has a broad range of powers beyond that of the standard sole proprietorship such as small claims court benefits, separate liability for corporate debts, and best of all perpetual duration. When you incorporate in New York you create a separate legal individual
3 Reasons For New York incorporation:
• Protection from personal liability for business debts
• Perpetual existence, so the corporation continues even if an owner dies or leaves the business
• No limit to the number of C Corporation shareholders, who need not be U.S. citizens or permanent residents
Foreign investors considering New York incorporation will benefit greatly from the favorable economy in the area, with over 1 trillion dollars of gross state product achieved just last year, businesses here have the potential to succeed. There are many industries that are incredibly successful including manufacturing and more surprisingly agriculture.
Company Formation in New York invariably centers on banking and financial services, for which the area is known for being the world leaders, but also embraces some of the less well known industries such as wine production. Most importantly though is that you will benefit from the popularity of the state, which in turn attracts investors.
If you are interested in New York Incorporation or require more information on New York Incorporation, then Start An American Company is here to help you. We ensure that all the preliminary financial arrangements are made prior to formation so that once the process is underway you won’t have to worry about the company finances. Our dedicated team of financial and legal professionals knows every aspect of running a successful business and will transfer that knowledge on your behalf so that your company succeeds