I would like to start an INC company in New York. I would lke to know the procedures for that? How would?
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The Small Business Administration website has a wealth of resources including a 'startup kit' and online tutorials that will help you through the process.  Go to http://www.sba.gov
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Depending on your state.  Most require nothing.  I cant say for sure though that all are that way.  Check out your states Secretary of State website, and they can provide you with more information.  Example of a search would be California Secretary of State, which is in this case http://www.ss.ca.gov\n\nIt would still be a good idea to set up a small corp, such as an LLC to offer you financial protection.  Say for example your art work gives someone a paper cut and it gets infected and they die, your personal assets would be protected if you have set up a corp properly.  Its not expensive to do (maybe $100-200) if you get a good book and do all the filings with your state yourself.\n\nGood luck on your new company!!!\n\nEdit:  A business licence has nothing to do with filing or dealing with taxes... Unless of course you open a corp and have to pay corp taxes (LLC's taxes in California are $800 a year).  You would just claim the income on your personal taxes under the MISC INCOME portion.  If you have a Corp you will get a K-1 from that corp with your earnings.
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Very complete source for every & @ll legal procedures; i liked what i briefly saw. (fyi) you may go directly to State Dept to start filing your Limited Liability Partnership,[at least here in my jurisdiction]co. even w/out notarizing, but if you want to make it that way, perfect; You may also consider an Incorporation since the benefits are extent on behalf of both partties-you as a service/professional provider or licitator and clients/co's that contracts you; If you incorporate and your customers dissagree and start any litigation for insatisfaction against you as resident agent[official incorporator] your private assets  / properties, house, land, personal vehicles won't be in risk, only the assets under corporation will be the ones to respond. Plus you will have higher financial rate when incorporated since corporation acquires its own juridical personality-versus you as an individual in a  Limited Society-partnership.
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The difference between an LLC and Inc (Corporation) are actually legal differences and you won't really know if you made a right decision unless you get sued :-) \n\nI would talk with a CPA about Incorporating or forming an LLC. They would be able to explain not only the states definition but also if you need to file an Entity Election and possible a Sub-S Election with the IRS. Don't forget that even when you form an LLC or Corporation with the state you may still be taxed as a Sole Proprietor by the IRS unless you file to correct elections, meaning you are liable for taxes as the person, not as a corporation. With more than one owner... trust me that could get a little hairy.
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To obtain a state and federal ID number you must first register a business within the state you intend to transact business in. You can register as a sole proprioter, a S Corporation, a C corporation, or a LLC. Do research to find which is right for you. The best thing to do is then find a lawyer to file the paperwork for you, some are available on the web. I used amerilawyer.com. If the expense is too great for you you can find the necessary paperwork on your states government website, although I recommend the lawyer to make sure it's legal. To get a name you can usually find a place in the gov. website to do a fictitious name search to make sure the name you want to use is not taken. You must then also file fictitious name paperwork. If you are using your name no extra paperwork is necessary.
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Go to the CA Secretary of State website (http://www.ss.ca.gov/) for information on starting a business.\n\nI would HIGHLY recommend that you DO NOT be a sole proprietor, and do NOT use your SSN (get an Employer ID Number from the IRS for free--see www.irs.gov for how to do that).  You pay a LOT more in taxes if you are a sole proprietor (pay double for Fed, Social Insecurity, and State taxes).\n\nI would recommend a corporation (for reducing tax liability) or a Limited Liability Company (LLC) for reducing personal liability, and you can have an LLC taxed as a corporation, too.\n\nYou do have to go to the county clerk's office to register the business, pay the money, and advertise the formation of the business in a local newspaper (the clerk will have this information for you).\n\nGo to www.alglaw.com for additional info.
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Start Your Own Corporation\nFrom Darrell Zahorsky,\nYour Guide to Small Business Information.\nHave an Idea? Pitch a Story\nFREE Newsletter. Sign Up Now!\n\nShould your small business become a corporation? This is a question you need to ask during the start-up and evolution of your company. Learn what you need to know about incorporating your small business.\n\nBill's years of hard work had finally paid off. Bill's company, a sole proprietorship computer business was earning solid profits and had built a large client base. Bill thought he had it made, until a part-time employee had "an accident" that wiped out a customer's computer system.\n\nIn a matter of months, Bill's dream business came tumbling down. Slapped with a lawsuit, the sole proprietor lost all his assets, savings, house, and marriage. If Bill had his company incorporated, his business and personal life would have been separated and had an additional layer of protection.\n\nncorporation reduces disasters.\n\nAccording to BizStats.com, only 22% of all the small businesses in America are a limited liability corporation, S corporation, or C corporation. Over 72% of businesses are solely operated and exposed to liability risk.\n\nThe decision to start your own corporation will vary, depending on the needs of the business and yourself. Consider the following benefits of incorporation:\n\nBenefits of Starting Your Own Corporation\n\n# Liability: A corporation exists as a separate legal entity from your personal life. Any debts or lawsuits are incurred by the company, not the owner. Any business with potential for lawsuits should consult with a lawyer and consider incorporation. Incorporating will offer an added layer of protection but it is still adviseable to obtain business liability insurance.\n\nThe bad debts will often be the responsibility of the corporation. In the case of bank financing, more and more banks require business owners to sign a personal guarantee; making your personal assets collectible on a defaulted loan. Consider your options before signing.\n\n# Taxation: Another main benefit to incorporating is the taxation of a company. Corporations are often taxed at a lower rate and have better taxable benefits. Talk to your accountant about the tax advantages.\n\n# Raising Money: Financing a small business as a sole proprietorship or partnership can be difficult. A corporation can sell shares of the company and raise money easier than other business structure types.\n\n# Selling the Business: A non-corporate business is hard to valuate properly. A business corporation value will be based on the business, not the owner, therefore making it easy to sell the company.\n\nStarting your own corporation can be more costly and time consuming than other business types. Your accountant and lawyer can advise you accordingly. The steps to incorporation are as follows:\n\n7 Steps to Start Your Own Corporation\n\n1: Choose a Corporate Name & Address: Have a corporate name search performed to ensure you are unique and have no trade mark problems in the future.\n2: Select A State to Incorporate: Setting up a corporation will be easier and cheaper in your home state than out of state.\n\n3: Select A Corporation Type: Determine the best type of corporation for your business--LLC, S corporation or C corporation.\n\n4: Determine Company Directors: Directors of the company and positions will have to be filed within the Articles of Incorporation and By-laws.\n\n5: Choose Your Share Type:Corporations can issue common and preferred stock. Select the best for your situation.\n\n6: Obtain Certificate of Incorporation: Available from local State office or business retailer.\n\n7: Process & File Incorporation: Your incorporation can be completed by a lawyer or a do-it-yourself kit. Finally, file your incorporation with a Registered Agent.\n\nThe decision to incorporate or not is an important one. Work with your advisors to determine if the time is right for
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go to your city hall ... u can get the info their .... 1st u need to have inc. for your self to cover your self befor u can get it beacuse if u do something wrong and who ever u r doing work for sues u... u will be covered or if u get hurt..... but let me tell u it not cheap.... i know in NY u have to have inc. 1st befor u can get your cont lisences
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Forming a nonprofit corporation is much like creating a regular corporation, except that nonprofits have to take the extra steps of applying for tax-exempt status with the IRS and their state tax division. Here is what you need to do:\n\nChoose an available business name that meets the requirements of state law. \n\nFile formal paperwork, usually called "articles of incorporation," and pay a small filing fee (typically under $100). \n\nApply for your federal and state tax exemptions. \n\nCreate corporate "bylaws," which set out the operating rules for your nonprofit corporation. \n\nAppoint the initial directors. (In some states you must choose your initial directors before you file your articles, because you must list their names in the document.) \n\nHold the first meeting of the board of directors. \nObtain licenses and permits that may be required for your corporation. \n\nChoose a Business Name:\n\nBefore you form your nonprofit corporation, you need to decide on a name that complies with the rules of your state's corporate filing office. The information packet you receive from the filing office should contain your state's rules, but the following guidelines commonly apply:\n\n--The name of your nonprofit cannot be the same as the name of another corporation on file with the corporations division. \n--The name must end with a corporate designator, such as "Corporation," "Incorporated," "Limited," or "Corp.," "Inc.," or "Ltd." (This is required in only about half of the states.) \n--The name cannot contain certain words prohibited by the state, such as Bank, Cooperative, Federal, National, United States, or Reserve. \n\nYour state's corporations division can tell you how to find out whether your proposed name is available for your use. Often, for a small fee, you can reserve the name for a short period of time until you file your articles of incorporation.\n\nContact Your State's Corporations Division:\n\nYour state's corporate filing division, usually part of the secretary or department of state's office, will often send you a packet of nonprofit materials that will be immensely helpful to you in forming your nonprofit. This packet may include sample or fill-in-the blank articles of incorporation, your state's nonprofit corporation laws, a filing fee schedule, and forms and instructions for checking the availability of your proposed business name. Contact your state's corporate filing office to obtain this packet.\n\nIn addition to confirming that another corporation in your state isn't already using your proposed name, you must make sure your name won't violate a trademark owned by another company (in your state or out of state). To do this, you'll need to conduct a trademark search. For information about trademark law and name conflicts, see Naming Your Business.\n\nOnce you've found a legal and available name, you aren't usually required to file or reserve the name with your state -- when you file your articles of incorporation, your nonprofit's name will be automatically registered.\n\nPrepare and File Your Articles of Incorporation:\n\nAfter you've decided on your business name, you must prepare and file "articles of incorporation" with the corporate filing office. This document goes by a different name in a handful of states; your state may instead use the term "articles of organization," "certificate of incorporation," "certificate of formation," or "charter."\n\nYour state's corporate filing office will usually provide you with nonprofit articles of incorporation -- either a fill-in-the-blank form or a sample on which you can base your articles. Although preparing this document isn't difficult, you do need to include specific language to ensure that you'll receive tax-exempt status. Your state's nonprofit format
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(i) First you file the Articles of Incorporation with the Corporation Bureau.\n\nhttp://www.paopen4businessbriefcase.state.pa.us/tax/default.asp?LN=375&LG=37\n\nOnce the Articles have been approved:\n\n(ii) You prepare the by-laws of the Company\n\n(iii) You apply to the IRS for 501(c)3 - tax-exempt status
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The cheapest way to incorporate is to do it yourself. You can get all the forms you need from your state "Department of Corporations" Go to your state and put in a request to reserve a name, that normally cost about $10.00-$15.00. They will normally require at least 2-4 names so if the main one is used they have a couple of more to research.\n\nThere are a few sites that will incorporate you for less than $300.00, but you would need a Corporate Seal that you can pick up at staples. Some of the sites sell them for as low as $45.00\nYou will have to check out the add ons that you would want them to do in the forming of your corporation.\n \nIf you do not live in Nevada and you incorporate in Nevada, you may do business in Nevada. If you don't live in Nevada and you decide to do business in the state in which you live your Nevada corporation would be considered an alien Corporation in your state. You would have to pay an additional fee for your state to allow your alien Corporation to do business in your state. This fee is any where from $200.00-$600.00.\n\nThe reason people set up a corporation in Nevada is because Nevada does not give out information about the corporation officers, money earned and stuff to the IRS. If you set up business in your state with your Nevada corporation I think you lose that shield in the other state, because the corporate with the IRS.  \n\nTry this link and see if they can offer you a good deal on doing your corporation.\n\nhttp://www.clickandinc.com\n\nI hope this has been of some use to you, good luck. \n\n"FIGHT ON"
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The best routes to take are to research the process of starting a business as well as the industry you're interested in.\n\nI posted links for you in the source box pertaining to starting a business in DC.\n\nHope that helps! I wish you much success & happiness in all your ventures!
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First I'd file the LLC in Nevada. Look on the net for corporations start up. They will walk you through. You can get a kit that will explain. Marketing business is safe and your LLC is just a legal thing and show growth. You can and will get preprinted by laws for the state you area LLC. I live in Va. and I'm a corporation in Delaware. We make candy. I"m foreign company to Va. Cost me $45.00 verse $1000.00. If you're good at marketing why are you waiting for Aug. Your start up will be with your funds. It's best to get first funds from friends & family you can trust.  never ask anyone that can't replace the money themselves.( Retired) Best J. kelly
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Here are some resources for starting a business in North Carolina http://www.nccommerce.com/servicenter/blio/startup/\n\nInformation on filing limited partnerships, LLPs, LLCs, and corporations is available by telephone, letter, over the counter, or over the Internet from:\n\nDepartment of the Secretary of State\nCorporations Division\nPO Box 29622\nRaleigh, NC 27626-0622\n919 807-2225\nToll-free: 1 888 246-7636 (leave message)\nhttp://www.sosnc.com \n\nThis is the page that has all the information on incorporation in NC including searching for corporation name, fee schedules and forms.\nhttp://www.secretary.state.nc.us/Corporations/ThePage.aspx
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Generally, there is no "requirement" to be a corporation, but corporations (in addition to LLCs) are nice for liability limitation.\n\nCorporations are reasonably cheap to form.  A nice neighborhood type lawyer will probably do the entire incorporation for you for few hundred dollars plus filing fees - including getting your EIN number, any sales tax registrations, and possibly filing your S-Corporation election (so that your corporation avoids "double-tax").   If you're not incorporating in NY but you're doing business there, you'll also want to consider "qualifying" your corporation to do business in NY.   Again, that is simple stuff that can be handled by a neighborhood lawyer.\n\nGood luck.
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Read your articles of incorporation and bylaws, check with your secretary of state's website, and speak with an attorney.  Your articles of incorporation and bylaws typically lay out how these are structured.  If not, the secretary of state usually has some information on how to meet general requirements.  Speaking with a local business attorney (particularly one who helped you establish your company) is the quickest way to get the right answer.
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I work at setting up small businesses, and I need to let you know that what your listed (inventory, wholesales, etc) are not the things you need to do first. \n\nFirst, you need to come up with a business name and open up a business entity. This will tell the government that you're opening a business, make you legal, guarantee that no one else can have your name, and give you an EIN/tax number. \n\nOnce you've done that, go open a bank account under the name of your business. Once of the biggest mistakes small business owners do is to use their personal money to start the business. Open the bank account, get a business credit card, and a business loan. (You will probably need a business plan to qualify for the loan.) \n\nOnce that is all done, find out the specifics of where you'll get your supplies from.