New York is considered the capital of the world. This metropolis is a symbol of the "American Dream". Great competition and the existence of almost all types of activities in the city provide competition in the market for goods and services, and also increased the number of consumers for any goods and services.
Registering a company in New York is a complex and lengthy process due to the need to obtain all kinds of permits and licenses. Employees of the consulting firm Positive Invest are ready to take over all the stages of registering a business in New York.
Open a company in New York: the basics
The most popular form of doing business in New York is a limited liability company. Local legislation provides for the absence of requirements for the amount of authorized capital and low tax rates, which is an extremely attractive factor for doing business for non-residents.
Stages of registering a company in New York
- Choose a unique name.
- Get a tax number.
- Register for sales tax by filing Form DTF-17.
- Register with the Unemployment Insurance Division of the Department of Labor.
- Oblige employees of the enterprise to insure.
- Submit an announcement in the local media about the registration of a new company submit a certificate and affidavit of publication.
Company registration in New York. Kinds
The most common form of business activity in the city is LLC (similar to LLC). A hired director (nominal service) or directly the owner can be registered as a manager.
Taxes for companies in New York
Depending on the form of registration, the following types of taxation are distinguished:
- Ltd. - document IT-204 is submitted to the Finance Department;
- Corporation - it is required to submit a profit declaration to a legal entity. faces;
- PE - all financial transactions must be declared through personal declarations.
A firm operating outside the jurisdiction of the United States is exempt from paying taxes. However, in the absence of taxation, the registration agent fee remains.
Income tax for enterprises varies depending on the line of business:
- Firms of innovative technologies - 5.5% (from 2018 will be reduced to 4.875%);
- Manufacturers - 0%;
- Others - 6.5%.
The capital gains tax is 20%.
Company registration in New York. Positive Invest Services
Positive Invest employees offer a full range of business registration and support services. The high level of professionalism of the lawyers of our firm will allow you to freely open a company in New York on time. Additional services include:
- Payment of fees and charges;
- Preparation and apostille of documents;
- Providing a legal address;
- Services of an accountant, secretary, translator, lawyer, consultant, agent;
- Rated service;
- Opening bank accounts;
- Conducting meetings, preparing reports
and others.
Registering a company in New York with Positive Invest means getting rid of most of the obstacles on the way to a profitable business.