What is the New York Certificate of Incorporation?
The New York Certificate of Incorporation is a legal document that establishes a corporation in the state of New York. It outlines essential details about the corporation, such as its name, purpose, and structure. This form is filed with the New York State Department of State and is required for anyone looking to create a business corporation in New York.
What information do I need to provide when filling out the form?
You will need to provide several key pieces of information. This includes the name of the corporation, its purpose, the county where the office will be located, the number of shares the corporation will issue, and the name and address of the incorporator. Each of these elements is crucial for the proper formation of your corporation.
Can I use my own form instead of the state-provided one?
Yes, you are not required to use the state-provided form. You can draft your own Certificate of Incorporation or use forms available at legal stationery stores. However, it’s essential to ensure that your document complies with New York's Business Corporation Law.
Is there a fee for filing the Certificate of Incorporation?
Yes, there is a filing fee of $125. When submitting your form, make sure to include a check made payable to the Department of State. This fee is necessary to process your application and officially establish your corporation.
Who can serve as the incorporator for the corporation?
The incorporator must be a natural person, meaning an individual rather than a corporation or other business entity. This person is responsible for filing the Certificate of Incorporation and must provide their name and address on the form.
Can the filer be the corporation that is being formed?
No, the filer cannot be the corporation that is being formed. The person filing the Certificate of Incorporation must be an individual who acts on behalf of the new corporation. This ensures that there is a clear distinction between the person initiating the incorporation process and the corporation itself.
Should I seek legal advice when preparing this document?
It is highly recommended to seek legal advice when preparing your Certificate of Incorporation. While the form is straightforward, an attorney can help ensure that all necessary provisions are included and that your corporation complies with state laws. This guidance can save you time and potential legal issues in the future.
Where do I send the completed Certificate of Incorporation?
Your completed Certificate of Incorporation should be sent to the New York State Department of State, Division of Corporations, at One Commerce Plaza, 99 Washington Ave., Albany, NY 12231-0001. Make sure to keep a copy for your records after filing.