Understanding the New York Business Entity Search
Carrying out New York Business Entity Search is one of the essential actions that the businessmen, lawyers, and investors have to perform. You want to either create a new company, or simply check the status of an existing company, the New York Secretary of State (SOS) offers a centralized database where you can find this important information.
Why Perform an Entity Search?
You have to verify that you have the name of your business before you start a business. Detailed search will help avoid the Infringement of trademarks and secure the fact that your filing is not denied by the NYS Department of State. In addition to the availability, an entity search enables you to:
Check Legal Status (Active, Inactive or Dissolved) of a company.
Determine DOS ID and date of first filing of a business.
Determine the Registered Agent so as to serve him lawfully.
Check the address of main office.
Guideline to the NY SOS Search.
The Corporation and Business Entity Database is easy to navigate should you follow the following steps:
Go to Portal: Visit the NYS Division of Corporations Web Site.
Enter Search Type: You may use Entity Name, Officer Name or DOS ID. The most common availability checks are done by name.
Optimize Your Keywords: Type in the name. In case the results are too large, use the Partial orContains filters to define the list.
Entity Details Review: When on the entity name, a full record of the entity, including its Articles of Organization history and biennial status of the statement of status is available.
Conformity and After-Search Measures.
When you have decided that your name is not taken, the next thing to do is to file Articles of Organization and receive EIN with the IRS. It is important to remember that New York has its own Publication Requirement, according to which new LLCs are required to publish an announcement in two local newspapers during six weeks in order to maintain its good standing.
Compliance means that a Biennial Statement should be filed every two years, which can be done at a small fee by the NYS e-Statement Filing service.
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