3. Which is the best New York LLC guide for entrepreneurs?
In the United States, each state has different laws governing the establishment of a business and is governed by different agencies. The following New York LLC guide includes all the things you should keep in mind:
1. Prepare relevant documents for your New york LLC formation
Choose an appropriate name and make sure it's not already in use. Also, your limited company name must end with one of the following symbols:
- Limited Liability Company
After that, you should prepare documents related to the company, including: company regulations, list of shareholders, founders, license to practice.
2. File your Articles of Company
Submit the Articles of Organization certificate to the government agency to finish your business formation in New York. This certificate proves that your LLC is formed and ready to go into business.
3. Create your company operating agreement
Your New York LLC formation may need an operating agreement, which is a document that outlines the business rules, regulations, and operating procedures that all members of an LLC agree to and sign on.
4. Apply for an EIN
Obtaining an Employer Identification Number (EIN) or tax ID number is a must for your business formation in New York since it is required for tax purposes and financial paperwork. Your New York LLC’s EIN can be obtained through the IRS website, by mail, or by fax.