US state · New York
US Incorporation in New York
New York incorporation — for businesses with actual New York operations. Expensive ($25 + publication requirement up to $2,000), state corporate tax 6.5-7.25%, but necessary for NYC-based businesses.
New York at a glance
Key facts.
All the numbers that matter when choosing a state.
| Criterion | New York |
|---|---|
| State corporate tax | 6.5% (under $5M) to 7.25% |
| Annual franchise tax (min) | $25 — minimum corporate franchise |
| Publication requirement | Yes — costly ($500-2,000 in NYC, lower upstate) |
| LLC fee | $25 filing + $9-$4,500 annual based on revenue |
| Best for | Businesses with physical NYC presence, NY-based financial services |
How to incorporate
The process.
What it takes to form an entity in New York.
- Choose entity (C-Corp / LLC)
- Reserve name with New York Secretary of State
- Appoint registered agent in New York
- File articles of incorporation/formation
- Get EIN from IRS (Form SS-4)
- Open US bank account
- Comply with New York-specific requirements
- Ongoing annual reports + franchise tax
Adjacent