The New York Certificate form is an official document used to establish a corporation in New York State. This form outlines essential information such as the corporation's name, purpose, and share structure, ensuring compliance with the state's Business Corporation Law. By completing and filing this certificate, individuals can legally create a business entity recognized by the state.
The New York Certificate form is a crucial document for individuals looking to establish a business corporation in the state of New York. This form is governed by Section 402 of the Business Corporation Law and serves multiple essential functions. It requires the insertion of the corporate name, which must be unique and comply with state naming regulations. Additionally, the form outlines the corporation's purpose, affirming that it will engage in lawful activities and will not partake in actions requiring state approval without prior consent. The designated county for the corporation's office must also be specified, as well as the authority to issue a defined number of common shares. The form appoints the Secretary of State as the agent for service of process, ensuring that legal documents can be properly delivered. Individuals completing this form should note that it is advisable to seek legal guidance, although it is not mandatory to use this specific template. A filing fee of $125 is required, and the incorporator must be a natural person, not a corporation or other business entity. This comprehensive overview highlights the importance of the New York Certificate form in the process of business incorporation, ensuring compliance with state regulations while facilitating the establishment of a new corporate entity.
Misconceptions about the New York Certificate form can lead to confusion during the incorporation process. Here are six common misunderstandings:
When filling out the New York Certificate form, there are important dos and don'ts to keep in mind. These guidelines will help ensure that your submission is accurate and compliant.
New York State
Department of State
DIVISION OF CORPORATIONS,
STATE RECORDS AND
UNIFORM COMMERCIAL CODE
One Commerce Plaza
99 Washington Ave.
Albany, NY 12231-0001
www.dos.ny.gov
CERTIFICATE OF INCORPORATION
OF
(Insert Corporate Name)
Under Section 402 of the Business Corporation Law
FIRST: The name of the corporation is:
.
SECOND: The purpose of the corporation is to engage in any lawful act or activity for which a corporation may be organized under the Business Corporation Law. The corporation is not formed to engage in any act or activity requiring the consent or approval of any state official, department, board, agency or other body without such consent or approval first being obtained.
THIRD: The county, within this state, in which the office of the corporation is to be located
is:
FOURTH: The corporation shall have authority to issue one class of shares consisting of 200 common shares without par value.
FIFTH: The Secretary of State is designated as agent of the corporation upon whom process against the corporation may be served. The address to which the Secretary of State shall mail a copy of any process accepted on behalf of the corporation is:
X
(Print or Type Name of Incorporator)
(Signature of Incorporator)
(Address of Incorporator)
(City, State, Zip Code)
DOS-1239-f (Rev. 03/17)
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Filer’s Name and Mailing Address:
Name:
Company, if Applicable:
Mailing Address:
City, State and Zip Code:
Notes:
1.This form was prepared by the New York State Department of State for filing a certificate of incorporation for a business corporation. It does not contain all optional provisions under the law. You are not required to use this form. You may draft your own form or use forms available at legal stationery stores.
2.The Department of State recommends that legal documents be prepared under the guidance of an attorney.
3.The fee for filing a certificate of incorporation is $125. Checks should be made payable to the Department of State.
4.The incorporator must be a natural person, not a corporation or other business entity.
5.The filer may not be the corporation being formed.
For DOS use only
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The New York Certificate of Incorporation is a legal document that establishes a corporation in the state of New York. It outlines essential information about the corporation, including its name, purpose, and structure. This document is filed with the New York State Department of State and is necessary for the corporation to be recognized as a legal entity.
To fill out the Certificate of Incorporation, you will need to provide the following information:
Yes, you can draft your own Certificate of Incorporation. While the form provided by the New York State Department of State is convenient, it is not mandatory. You have the option to create your own document or use forms available at legal stationery stores. However, it is advisable to consult with an attorney to ensure compliance with legal requirements.
The fee for filing a Certificate of Incorporation in New York is $125. When submitting your application, be sure to make your check payable to the Department of State. This fee is non-refundable and must be included with your filing.
The incorporator must be a natural person, meaning an individual, and cannot be a corporation or other business entity. This person is responsible for signing the Certificate of Incorporation and ensuring it is filed correctly.
The Secretary of State serves as the designated agent for the corporation, which means that any legal process or documents can be served to the Secretary on behalf of the corporation. Additionally, the Secretary of State will send a copy of any process accepted to the address provided by the incorporator.
Once the Certificate of Incorporation is filed and accepted by the New York State Department of State, your corporation is officially formed. You will receive a stamped copy of the filed document, which serves as proof of incorporation. At this point, you can begin conducting business under the corporation's name.
While it is not legally required to have an attorney file the Certificate of Incorporation, it is highly recommended. Legal documents can be complex, and an attorney can help ensure that all necessary provisions are included and that the filing complies with state laws. Their guidance can prevent potential issues down the road.
Completing the New York Certificate of Incorporation is a crucial step in establishing your business. After filling out the form, you will need to submit it along with the required filing fee. Make sure to double-check all information for accuracy before submission.
Once you have completed the form, ensure you include a check for the filing fee of $125, made payable to the Department of State. Submit the form to the address provided on the document to finalize your incorporation process.
Filling out the New York Certificate of Incorporation form can be a straightforward process, but many people make common mistakes that can lead to delays or complications. One of the most frequent errors is leaving out the corporate name. The first section clearly states that the name of the corporation must be inserted. Failing to do so can result in the form being rejected outright. It's essential to ensure that the name is unique and complies with state regulations, which can be checked through the New York Department of State's website.
Another mistake often seen is neglecting to specify the county where the corporation will be located. This is listed in the third section of the form. Without this information, the state cannot process the application correctly. It’s a simple detail, but one that can cause unnecessary delays. Be sure to double-check that you have the correct county name, as this will also impact where you may need to file additional local business permits.
Many individuals also overlook the importance of providing a valid mailing address for the Secretary of State. This address is crucial for receiving any legal documents that may be served to the corporation. If this information is incorrect or missing, it can lead to missed communications, which could have serious legal implications. Therefore, it’s wise to confirm that the address is accurate and up-to-date.
Finally, one of the most critical mistakes is not understanding who can serve as the incorporator. The form specifies that the incorporator must be a natural person, not a corporation or another business entity. This requirement is sometimes misunderstood, leading to incorrect filings. Make sure that the person signing the form is indeed a natural person and is not affiliated with the corporation being formed. By avoiding these common pitfalls, you can streamline the process of incorporating your business in New York.
Here are some key takeaways about filling out and using the New York Certificate form:
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