New York has a “new and streamlined” online-filing system to form domestic-business corporations and domestic limited-liability companies (LLCs).
Gov. Andrew Cuomo announced the launch of the online filing system in a Monday news release.
Businesses can now file their certificates of incorporation and articles of organization electronically, “saving both time and money,” the governor’s office said in the news release.
The new system allows the processing of the business filings “in a matter of minutes,” a process that previously “could take more than a week,” Cuomo’s office said. The system also eliminates the need to pay expedited processing fees, the office said.
“By streamlining the process to create a new business venture, we are making it easier than ever for entrepreneurs to do business in New York,” Cuomo said in the news release. “This innovative upgrade will save employers time and money, allowing them to focus on creating jobs and pursuing new opportunities for growth.”
The technology upgrade is part of a series of agency initiatives that are creating “a more business-friendly environment” in New York, the governor’s office said.
It follows the first phase of an electronic-licensing system for certain professional disciplines, and the “simpler” sales-tax reporting system that the New York State Department of Taxation and Finance implemented last year, according to Cuomo’s office.
Business filers can now expect “more immediate” results, while taxpayers will benefit from a “more efficient” allocation of state resources, Cuomo contends.
On average, new businesses file more than 100,000 basic certificates of incorporation and articles of organization with the New York State Department of State annually, according to Cuomo’s office.
The online filing system is available Monday through Friday from 6:00 a.m. to 7:30 p.m. through the Department of State’s Division of Corporations website at http://www.dos.ny.gov/corps/index.html.
Contact Reinhardt at ereinhardt@cnybj.com