When it comes to the process of forming a business, the New York corporate law provides for different procedures for the formation of a business entity. However, since the formation process involves filing documents with the Secretary of State and other related process, drafting and filing of legal documents require legal expertise. Thankfully, there are several resources available for those starting a business in New York, beginning with the use of legal templates.

Legal templates or legal documents are pre-drafted legal forms for different business transactions. They offer a great way to create legally-binding contracts and agreements tailored to the individual’s needs. While an attorney is still necessary to review and make any changes necessary to the documents, using legal templates is often a convenient and cost-effective way to complete the paperwork associated with creating a business.

This article will help readers get started with using legal templates for their New York-based business. To start, we’ll discuss the state’s requirements for forming a business, what type of legal files are necessary, and finally, how to access legal templates or resources to draft the necessary documents.

Forming a Business in New York

New York offers a number of corporate forms of business, including the limited liability company (LLC), the sole proprietorship, the limited partnership, the general partnership, the joint venture, and the S-corporation. Depending on the business and its activities, the business owner may need to obtain a Certificate of Authority from the New York Department of Taxation and Finance.

Legal Documents for Forming a Business

To complete the formation process of the business entity, the business owner must typically draft or file the following documents:

Articles of Incorporation or Articles of Organization

Bylaws/Operating Agreement

Taxation and Registration Papers

Employment Agreements

Lease Agreements

Customer and Vendor Agreements

Employer identification number

In addition, businesses located in New York may be subject to additional regulations or filings depending on the type of business activities.

Where to Find Legal Templates

Business owners in New York can access legal templates or completed legal documents from a number of online resources, such as UpCounsel. UpCounsel is a network of experienced attorneys specialized in business law. With UpCounsel, business owners can access high quality attorneys on demand, view lawyer profiles, read reviews of recent work, and find the right legal counsel for their needs.

There are also other online providers of legal document templates, such as LegalZoom, Rocket Lawyer, Incfile, and Legal Templates. With some of these providers, business owners can prepare legal documents or even draft the incorporation documents for their business online.

Advantages of Legal Templates

Using legal templates is often the easiest way to accomplish the most common business transactions and documents. They also provide a way to complete the paperwork associated with the formation of a New York-based business in an efficient and cost-effective way. While the business owner should always consult an experienced attorney before executing a legal document, understanding the basics and getting started with legal templates is a great first step.

Topics:

Legal documents,

UpCounsel,

New York Business