If I am a corporate officer or principal in an ongoing business, am I eligible for unemployment insurance (UI) benefits? You must complete an online or paper Employer Registration.Understanding these rules is crucial for corporate officers and business owners who may need to navigate the complexities of filing a UI claim. If you are still in business and have just stopped paying yourself a salary, you will not be eligible for unemployment benefits as you are not unemployed. Many states normally don't provide UI benefits to corporate officers unless the Corp is out of business. Employers must pay taxes to provide unemployment insurance in New York State. Unemployment insurance is temporary income for workers who become unemployed. Within 90 days of incorporation, each Georgia corporation must file an initial AR that lists three principal officers with the Secretary of State.