New York LLC and New York Corporation
Filed with the New York Department of State Division of Corporations
New York Corporation Names
The New York Corporation name must include the word or an abbreviation of a word that indicates that the named entity is a corporation. Examples of a corporate name ending include “Incorporated,” “Corporation,” “Company,” or “Limited.” The name cannot state or imply that the corporation is formed for a purpose other than what is permitted in the articles of incorporation. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
New York Limited Liability Company (LLC) Names
The New York Limited Liability Company (New York LLC) must use the term “Limited Liability Company”, “LLC” or “L.L.C.” The word “Limited” may be abbreviated as “Ltd.” And the word “Company” as “Co.” The name cannot state or imply that the LLC is formed for a purpose other than what is permitted in the articles of organization. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
Registered Agent
The New York Secretary of State acts as the Registered Agentfor all business entities registered in the state.
Director Information
- Minimum Number – One or more.
- State Residence Requirements – None.
- Age Requirements – Directors must be a natural person at least 19 years of age.
- Directors are not required to be listed in the articles of incorporation.
Officer Information
Officers are not required to be listed in the articles of incorporation.
Stock Information
. The aggregate number of shares that the corporation is authorized to issue.
. The par value of each share (or a statement that there is no par value) or, of applicable, the number of shares and par value of each class of shares and series along with their designations, a statement of their relative rights, preferences and limitations.
. A statement describing the authority vested in the board of directors to establish, designate and make changes between series, if any.
Corporate Records
The stock transfer ledger must be kept in the principal corporate office.
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