The Nassau Certificate of Incorporation is a crucial document required for establishing a New York Professional Service Corporation (P.C.) in Nassau County. This legal formality grants the corporation its legal recognition and delineates essential details about the corporation's structure, objectives, and governance. Compliance with the guidelines outlined in this certificate is essential for staying in line with the legal requirements set by the state of New York. The Nassau Certificate of Incorporation for a New York Professional Service Corporation must include several key components. Firstly, it should clearly state the name of the corporation, which should include the words "Professional Service Corporation" or the abbreviation "P.C." to indicate its professional nature. Secondly, it should outline the purpose or purposes for which the corporation is formed, specifically mentioning the type of professional services it plans to provide, such as legal, medical, engineering, or consulting services. Additionally, the certificate must specify the duration of the corporation, which can be perpetual or for a specific period if desired by the incorporates. The document should also include the names and addresses of the initial directors who will oversee the corporation's affairs, ensuring transparency in governance. Furthermore, the Nassau Certificate of Incorporation must establish the corporation's capital structure by mentioning the number of shares it is authorized to issue and their par value, if any. This information helps determine ownership interests and forms the basis for issuing equity to shareholders. It is important to note that a New York Professional Service Corporation cannot be publicly traded, and the shares can only be held by licensed professionals within the P.C. As for different types of Nassau Certificates of Incorporation for a New York Professional Service Corporation, variations may exist depending on the specific professional service being offered. For instance, there could be a separate certificate for a legal professional corporation, medical professional corporation, engineering professional corporation, or architectural professional corporation. Each type of corporation may have additional requirements and regulations to fulfill, specific to their respective field. In conclusion, the Nassau Certificate of Incorporation for a New York Professional Service Corporation is a vital document that establishes the legal existence of the corporation and sets forth the framework for its operations and governance. By meticulously providing all the necessary information and adhering to the requirements, professionals can ensure compliance with New York state laws while forming their professional service corporations.
Nassau Certificate of Incorporation for a New York Professional Service Corporation
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Professional Incorporation Checklist: How to Set up Your Professional Corporation Set up a corporation in your jurisdiction.Get approval from your professional body.Switch over your bank and credit cards.Get a GST/HST number for your company.Change over your business paraphernalia.Get the right accounting software.
Professional corporations (PCs) can only be formed by certain licensed professionals, a list of which can be found at: . PCs can be formed as C corporations or S corporations.
Go to the New York City Department of Consumer Affairs (DCA) to find out if a business is licensed.
New York Corporation Incorporation: ~2-4 weeks. ~1 business day for $25 expedite fee. Same-day for $75 expedite fee, must be received by noon. ~2 hours for $150 expedite fee, must be received by pm.
Copies of any documents filed with the Department of State's Division of Corporations may be obtained by submitting a written request to the New York State Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231.
You must obtain a Certificate of Authority from the Office of the Professions. This can only be applied for through the mail. Please allow 8-10 weeks for the Office of the Professions to review your application.
While traditional corporations their professional corporations are mostly similar, there is one key difference: with professional corporations (such as C Corps), owners are protected from legal claims made against their business, unless the claim was a result of the owner's own mistake.
How to file: By mail or in person to the address on the form at By fax to the Division of Corporations at (518) 474-1418 Filing fee for COI: $125 Submit a Certified Copy of the COI to the Education Department within 30 days of filing it with DOS.
In addition to registering, some businesses must get licenses or permits to conduct business in New York State. Here is a list of additional resources for you to use.
Under the relevant New York law, professional service is defined only generally, as any type of personal service which may be lawfully rendered by a member of a profession within the purview of that profession.