New York Small Business Startup Package for S-Corporation

Category:
State:
Multi-State
Control #:
US-P107-PKG
Format:
Word; 
Rich Text; 
PDF
Instant download

Description

The package is designed to assist an S corporation in running the corporation by providing a large selection of necessary and commonly used forms at a greatly reduced price. The forms provided are valuable tools to ensure the smooth operation of typical business affairs. Purchase of this package is a savings of over 75% off the price compared to purchase of the forms individually!


The documents in this package include the following:



Profit and Loss Statement - This is a general Statement of Profits and Losses for a company. It lists in detail, all profits, or gains, as well as all losses the business may have suffered. This form can be used by any type of company, whether a corporation or a sole proprietor.







2553-S Corp Election for Small Business - This form is used to be treated as a subchapter S corporation by the IRS.



General Trademark License Agreement - This form is a Trademark License Agreement. The licensor is the owner of certain trademarks and the licensee desires to use the trademark on the terms and conditions set forth in the agreement. The licensor agrees to grant to the licensee an exclusive worldwide right and license to use the trademark in connection with the licensee's product.



Investor Stock Purchase Agreement - This is a form authorizing the sale of stock to investors in a company. Detailed provisions cover the representations and warranties of both parties, as well as the specifics of the transaction.



Amendment to Bylaws - This is an Amendment to the Bylaws form, to be used across the United States. This is to be used as a model, and should be modified to fit one's own personal needs.


Job Invoice-Short - This form is a job invoice form. It contains provisions for a job description, starting date, completion date, date and hours worked, list of materials and costs, and an itemized statement of total due for materials, labor, and other.








Employment Agreement - General - This form is used when an Employee agrees to be employed by Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of Employer services as may be reasonably requested from time to time by the Employer. The agreement contains provisions for compensation, confidentiality, non-competition and breach of contract.



Employment Agreement with Covenant Not to Compete - This form is used when an Employee agrees to be employed by an Employer, and the Employer agrees to employ the Employee, for the purpose of performance by and on behalf of the Employer as may be reasonably requested from time to time by the Employer. This agreement contains a covenant not to compete clause.



Self-Employed Independent Contractor Employment Agreement General - A company agrees to hire a contractor to perform work on the terms and conditions set forth in the agreement. The contractor agrees that all financial and accounting records will remain the confidential property of the company. The form also provides that the company will reimburse the contractor for all reasonable and necessary expenses incurred by the contractor with the performance of his/her duties.



Secrecy, Nondisclosure and Confidentiality Agreement by Employee or Consultant to Owner - The first party has possession of proprietary information and know-how relating to an idea, product or service, and wishes to employ the second party but desires that the second party agree not to disclose information learned by second party during such employment. Both parties agree that all information, ideas, products or services, processes, written material, samples, models and all other information of any type, whether written or oral, submitted to the second party by the first party is now, and will remain, the property of first party.



Drug Testing Policy Disclosure and Consent Form - This form explains the drug testing policies of a particular company and includes a consent form.



Employee Permission to Do a Background Check - This is a form signed by an employee or prospective employee granting an employer permission to do a background check.



Employment Position Announcement - This form is a business type form that is formatted to allow you to complete the form using Adobe Acrobat or Word. This form allows an employer to announce that applicants for a position with the company are being sought.


Consultant Agreement - This form is a Consultant Agreement for use with consultants exposed to commercial trade secrets or other confidential information as part of their work with a business.


Internet Use Policy - This agreement is to be signed by an employee upon the request of a company concerning the proper uses of internet access. The agreement defines acceptable uses and states that the inappropriate use of the Internet may lead to denial of access or other action by the company.



Also included in this package are: Employment Termination Agreement, Cash Disbursements and Receipts, Check Request form, Daily Accounts Receivable, Yearly Expenses by Quarter, Petty Cash Form and Purchasing Cost Estimate

New York Small Business Startup Package for S-Corporation: A Comprehensive Solution for Entrepreneurs Are you an aspiring business owner looking to establish your small business in New York as an S-Corporation? Look no further than the New York Small Business Startup Package for S-Corporation. This all-inclusive package is designed to guide and support entrepreneurs through the entire process of setting up an S-Corporation in the Empire State. Included in the New York Small Business Startup Package for S-Corporation are various services and resources tailored to meet the unique needs of small businesses. These services aim to simplify the cumbersome process of starting an S-Corporation, allowing entrepreneurs to focus on their core business activities while ensuring compliance with all legal requirements. The package consists of the following comprehensive services: 1. Business Entity Formation: Our experienced legal advisors will guide you through the process of registering your S-Corporation with the New York Secretary of State. We handle all necessary paperwork, ensuring that your business entity is formed accurately and efficiently. 2. Federal Tax Identification: Obtaining a Federal Tax Identification Number (also known as an Employer Identification Number or EIN) is a crucial step for any S-Corporation. Our experts will assist you in acquiring this unique identifier, enabling you to conduct business, hire employees, and open business bank accounts. 3. Drafting Bylaws and Corporate Resolutions: Developing concise and well-structured bylaws and corporate resolutions is essential to the smooth functioning of any business. Our professional team will help you draft comprehensive bylaws and resolutions tailored to your specific business needs, ensuring legal compliance and protecting your interests. 4. Shareholder Agreements: Shareholder agreements play a significant role in governing the relationships between business owners in an S-Corporation. Our team will assist you in creating a clear and comprehensive agreement that outlines the rights and responsibilities of each shareholder, ensuring a seamless operation of your business. 5. Compliance Assistance: Stay on top of your legal obligations with our compliance support. We help you navigate complex regulatory requirements, such as filing annual reports, maintaining proper corporate records, and staying compliant with New York State tax laws. Different types of New York Small Business Startup Packages for S-Corporation may include additional services, such as: — Registered Agent Services: Ensure proper representation for your S-Corporation by appointing a registered agent. This service ensures that you receive all important legal documents and notifications from the state promptly. — Trademark Registration: Protect your brand identity by registering your business's trademarks. Our experts will guide you through the trademark registration process to safeguard your intellectual property rights. — Business License and Permit Applications: Determine and obtain the necessary licenses and permits required to operate your S-Corporation legally. Our team will assist you in understanding the specific licenses and permits needed for your industry and facilitate the application process. — Tax Planning and Consulting: Minimize your tax liabilities and maximize your potential deductions with the help of our experienced tax professionals. We provide comprehensive tax planning and consulting services, ensuring your S-Corporation operates in the most tax-efficient manner. Take advantage of the New York Small Business Startup Package for S-Corporation to simplify the process of establishing your business entity in New York. Our comprehensive services and expert guidance aim to provide entrepreneurs with the tools and resources necessary to kick-start their S-Corporation journey successfully. Don't let the complexities of starting a business hold you back — let our team be your trusted partner in building your S-Corporation dreams.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out New York Small Business Startup Package For S-Corporation?

You are able to commit time on-line trying to find the authorized papers web template that meets the state and federal needs you will need. US Legal Forms gives thousands of authorized kinds that happen to be examined by experts. You can actually acquire or print the New York Small Business Startup Package for S-Corporation from your assistance.

If you already possess a US Legal Forms profile, you may log in and then click the Acquire button. Afterward, you may complete, modify, print, or indicator the New York Small Business Startup Package for S-Corporation. Every authorized papers web template you purchase is the one you have permanently. To acquire another version for any bought kind, visit the My Forms tab and then click the related button.

Should you use the US Legal Forms internet site the first time, adhere to the straightforward recommendations listed below:

  • Initial, make sure that you have chosen the best papers web template for that region/metropolis of your choosing. Look at the kind description to ensure you have picked out the appropriate kind. If accessible, use the Preview button to search with the papers web template at the same time.
  • In order to get another version in the kind, use the Search area to obtain the web template that fits your needs and needs.
  • When you have found the web template you would like, click Buy now to move forward.
  • Pick the prices prepare you would like, type your references, and register for an account on US Legal Forms.
  • Total the transaction. You can utilize your Visa or Mastercard or PayPal profile to fund the authorized kind.
  • Pick the structure in the papers and acquire it for your device.
  • Make adjustments for your papers if needed. You are able to complete, modify and indicator and print New York Small Business Startup Package for S-Corporation.

Acquire and print thousands of papers layouts utilizing the US Legal Forms site, which offers the greatest assortment of authorized kinds. Use professional and state-distinct layouts to handle your business or person requirements.

Decorative icon for this block

Small Business Packages

Are you looking for a Small Business form package? Specify your business needs in a survey and receive the appropriate templates in seconds.

Form popularity

FAQ

Creating a New York State S Corp The total charge for creating a New York corporation is about $195. Even if you've already elected S corp status at the federal level, you also have to make this election for New York State. You must file Form CT-6 to receive approval from the state.

The greatest benefit of an S corporation is the tax savings it can provide to New York small businesses. S corps are also limited liability entities. Finally, S corporations have flexibility in how owners distribute profits and transfer ownership shares. S Corps are not subject to double taxation.

To officially be designated as an S corporation in New York, your business will be required to file a Form CT-6, which is the Election by a Federal S Corporation to be Treated as a New York S Corporation. Along with the form, you will need to include your filing fee as well as your federal approval letter.

An S-Corporation is an elective tax classification that offers liability safeguards and transfers income through to the owners. On the other hand, an LLC is a structured business entity that functions to protect its owners from legal actions.

Please note that New York City does not have an S corporation election and does not recognize a New York State S corporation election. In general, federal subchapter S corporations and qualified subchapter S subsidiaries are subject to the GCT.

Advantages of an S Corp for Small Business Owners S Corps are not subject to double taxation. Business profits and losses pass through to the shareholders' tax returns, avoiding corporate-level taxes. This can result in potential tax savings for small business owners.

Some jurisdictions?the District of Columbia, Louisiana, New Hampshire, New York City, Tennessee, and Texas?do not recognize the federal S corporation election and, for the most part, tax S corporations like other business corporations.

The fee typically charged will vary by state between $800 and $1,000. Some states, like Nevada, don't charge a franchise tax fee, making them an alluring place to do business. Miscellaneous government filing fees: Government filing fees may vary from $50 to $200 depending on the state and the type of business.

Interesting Questions

More info

Apr 4, 2023 — Step 1: Choose a Business Name · Step 2: Obtain EIN · Step 3: Certificate of Incorporation · Step 4: Registered Agent · Step 5: Corporate Bylaws. 1. Search For and Choose the Right Name for Your NY Corporation · 2. Provide an Official Address for Your NY State Corporation · 3. Assign a Registered Agent for ...Starting an S-Corp in New York need not be a complex and lengthy process. Our detailed guide will make it easy for you to start a New York S-Corp for free. Dec 14, 2022 — If you meet IRS requirements, you can elect S-corp status by filing Form 2553, Election by a Small Business Corporation. If you file paperwork ... Jun 13, 2016 — Have only 1 class of stock; Have no more than 100 shareholders; Shareholders must be US citizens or residents (Corporations or partnerships ... Submit the form to apply for S corporation status. Once your LLC or corporation formation is approved by the state, you need to file Form 2553, Election by a ... 4 days ago — Step 6: File Form 2553 for your S-Corp Business ... Once you have obtained your EIN and Articles of Organization to form an S-Corp, you must file ... START-UP NY offers new and expanding businesses the opportunity to operate tax-free for 10 years on or near eligible university or college campuses in New York ... Whether you are starting a new business or purchasing an existing one, you will need some basic information about New York State's Tax Law and regulations. This ... If a corporation (other than a New York S corporation) does business in the metropolitan commuter transportation district (MCTD), it must also file and pay ...

Trusted and secure by over 3 million people of the world’s leading companies

New York Small Business Startup Package for S-Corporation