Does a Foreign Corporation Doing Business in New York require a Registered Agent?

A Polish Google search that resulted in a click to my blog asks:  "foreign corp doing business in NY requires registered agent" Here is the belated answer:  Nie New York law does not require a foreign corporation (i.e. a…

Attorney Ethics and Your Start-Up

Against popular belief, attorneys must actually follow certain rules of ethical conduct.  In New York, these rules are set forth in 22 New York Codes, Rules and Regulations Part 1200. One set of rules requires attorneys to avoid conflicts…

Why many Small Businesses still choose an S Corporation over an LLC

If your goal is to limit liability of your business and deduct business losses from your non-business income, your choices for a business entity basically boil down to a New York limited liability company (LLC) or an S corporation (which is…

Should we incorporate our Small Business in Delaware?

More often than not, a small business operating out of New York is well advised to incorporate in the Empire State. While you could theoretically incorporate in any of the 50 states (including Delaware), incorporating in another state such as…

Conflict Resolution

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As a business owner you will encounter conflicts; particularly with your fellow business partners.   As in any relationship, it helps to deal with these conflicts rationally.  Easier said than done, I know. My favorite blog about…

NY Business Certificates – Know Your “Doing Business As” Responsibilities

D.B.A. or "Doing Business As" is not only a cool bar in the East Village, it also refers to individuals (sole proprietorships), partnerships, corporations and other entities that do  business under a name different from their real name.  For…

How to Form a New York Corporation

If you are determined to pay no more than $99 dollars for your business incorporation, why not do it yourself? Here is how: STEP 1: Prepare a “certificate of incorporation”.  Download this sample form  which is also available…

Going into Business Together: Don’t Rely on a Handshake!

Great – you have found people who share your vision to own and grow a business. But don’t forget that going into business with other people requires you to think ahead and be clear about the relationship. This is your livelihood and future.…