Kings New York Business Trust

Name: Kings New York Business Trust
Brand: US Legal Forms
Rating: 4.72 (345 reviews)

Category:

Trusts - Business

State:

Multi-State

County:

Kings

Control #:

US-13192BG

Format:

Instant download

Description

This form is used to set up a business trust. A Business Trust is a form of business organization which is similar to a corporation, in which investors receive transferable certificates of beneficial interest. The trustees administer it for the advantage of its beneficiaries who hold equitable title to it.

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FAQ

Fees. $25 filing fee for Certificate of Assumed Name. In addition to the $25 New York Department of State filing fee, an additional county filing fee is collected based on the county or counties in which the corporation does business or intends to do business.

Business licenses in New York: $50 $150 and most companies are required to obtain a business license in New York and the cost varies depending on the city in which the company is based.

Where Can I Obtain the Proper Form? . Go to the Online Applications tab, then under Taxation and Finance, Department of select the Certificate of Authority of Collect Sales Tax to fill out the Form DTF-17. You can also obtain a copy of the form by calling the NYS Tax Department at (800) 698-2909.

New York businesses must be registered. You'll need forms, certificates, and licenses from multiple regulatory agencies. Complete Payroll is here to make your life easier.

Registering a business name in New York is done when you form your business entity (LLC or corporation) with the state. You must first choose your business structure, then do a business name search to ensure name availability. Afterward, you must form your entity with your business name with the state.

Start at your county clerk's office, where local officials can answer questions you may have. Apply for a Business Certificate, also called a Certificate of Assumed Name. Corporations must also apply for a Certificate of Assumed Name for any name other than their primary name.

To operate a business without registration you need a current account. Now to open the current account, the bank will ask you for any government registration. The government registration can be MSME registration, Shop & establishment registration or GST registration.

The approval process takes about 5 days. There is no fee for a certificate of authority. The application requires you to provide the day you plan to start business. Your first sales tax return is due at the end of the sales tax quarter that includes that date.

Once you have any required permits and licenses, you'll need to register the online business with the New York Secretary of State for businesses structured as anything other than a sole proprietorship. A sole proprietorship registers with the county but isn't required to register on a federal level.

For corporations, limited partnerships and limited liability companies, who must file with the State, the filing fee is $25, though corporations must also pay an additional county- specific fee. The corporation county fee is $100 for any county in New York City and $25 for any other county in New York State.

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Kings New York Business Trust

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