New York has a reputation for hosting some of the most successful companies in the world. The location alone provides a prestigious business address and its popularity will give your business instant credibility. The Empire State also has a strong economy and is world leading in a range of industries, particularly banking and financial services.
Universal Company Incorporations has breadth and depth of experience in New York company formation. We will meet your specific business objectives and help you establish the right corporate structure to maximise the benefits New York has to offer.
Company Set Up
All the administration for setting up a business in New York can be filed in a week, making the timescale relatively short. Legal processes can be lengthier, and local advice is recommended to ensure these run efficiently.
A local office is required for company formation in New York. There is no shortage of office space in New York’s central business district of Manhattan, but it is also incredibly expensive – the most expensive city in the US. A virtual office is an alternative and more cost effective option to renting a physical office space.
Taxation and Banking
New York is well known for its banking and financial services and provides a complete range of international business banking facilities. Setting up a local bank account is mandatory during the company incorporation process.
There are various tax benefits to take advantage of in New York. These include Enterprise Zones, Real and Personal Tax exemptions, Corporate Sales Tax exemptions, Corporate Business Tax exemptions, and Corporate Business Tax credits.
Universal Company Incorporations is always on hand to guide you through all of the stages of forming a new enterprise or expanding an existing company in multiple countries. Please don’t hesitate to call us on +44 (0) 208 421 7471 or contact us via the website for help and advice.