New York State Law

New York businesses must register with the Department of State before conducting business. Sole proprietors using a trade name must file a DBA with the county clerk and publish notice…

Source: NY Department of State

New York employers who pay $300 or more in wages in any calendar quarter must register with the Department of Labor for unemployment insurance. New employers pay a standard UI…

Source: NY Department of Labor

New York employers must report all newly hired and rehired employees to the State Directory of New Hires within 20 days of the hire date. Reports must include the employee…

Source: NY Department of Taxation and Finance

New York LLCs are formed by filing Articles of Organization with the Department of State and paying a $200 fee. New York has a publication requirement: LLCs must publish a…

Source: NY Department of State

New York corporations are formed by filing a Certificate of Incorporation with the Department of State and paying a $125 minimum fee based on authorized shares. Corporations must designate a…

Source: NY Department of State

New York LLCs and corporations must file a Biennial Statement with the Department of State every two years by the end of the anniversary month of formation. The filing fee…

Source: NY Department of State

New York imposes a corporate franchise tax on C corporations doing business in the state. The business income base rate is 6.5% for most corporations and 7.25% for those with…

Source: NY Department of Taxation and Finance

New York imposes a state sales tax of 4% on retail sales of taxable property and services, with county and city taxes bringing combined rates to between 7% and 8.875%…

Source: NY Department of Taxation and Finance

New York minimum wage is $16.50 per hour in New York City, Long Island, and Westchester County and $15.50 per hour in the rest of the state as of January…

Source: NY Department of Labor

New York employers with one or more employees must carry workers compensation insurance. Coverage may be obtained through a private insurer or the New York State Insurance Fund (NYSIF). Sole…

Source: NY Workers Compensation Board

New York Paid Family Leave provides eligible employees up to 12 weeks of paid leave at 67% of the statewide average weekly wage to bond with a new child, care…

Source: NY Workers Compensation Board

New York professional licensing is administered by the Office of the Professions under the Department of Education and the Department of State, covering engineers, architects, real estate agents, healthcare providers,…

Source: NY Office of the Professions

New York does not require a statewide general contractor license, but New York City and other municipalities have their own contractor registration requirements. Electrical and plumbing contractors are licensed at…

Source: NY Department of State

Empire State Development (ESD) administers grant and loan programs supporting New York businesses including the Excelsior Jobs Program, which provides refundable tax credits to businesses creating or retaining jobs. Performance-based…

Source: NY Empire State Development

The New York Small Business Development Center (SBDC) provides free confidential business advising, financial analysis, and training to New York entrepreneurs and small business owners. The network operates through SUNY…

Source: NY Small Business Development Center

Home-based businesses in New York are regulated by local city, town, and village zoning ordinances. Most jurisdictions permit home occupations as an accessory residential use subject to restrictions on signage,…

Source: NY Office of the Governor