You can contact the state government where the business is formed if the company doesn’t make this information publicly available on their website or if you want to confirm the date with an official source. This will often be the state where the business is headquartered or has its principal operations. You’ll need to research the particular policies and processes for the state in question as each state has its unique requirements for business registration and incorporation.
For instance, in New York, you can use the website of the New York State Department of State to look up a company’s incorporation date. You can use this website to look up firms, limited liability companies (LLCs), and other types of registered commercial entities. The date of incorporation, along with other pertinent details like the business’s address and registered agent, should be visible once you locate the firm you’re looking for. How Long Does It Take to Form an LLC in New York? Depending on a number of variables, the process of incorporating a firm in New York can take a few days to a few weeks. The kind of company you’re constructing is one of the most important variables. For instance, forming an LLC is typically quicker and simpler than forming a conventional corporation.
The intricacy of the company’s ownership structure, the quantity of detail necessary in the company’s formation documentation, and the rate at which the state government is processing submissions are additional elements that may affect the timeline. But generally speaking, it’s safe to predict that the procedure will require several days, if not more.
A separate legal entity from its owners is created during the incorporation process. This entity can enter into contracts, own property, and incur debt. It also has its own rights, obligations, and liabilities. A set of formation documents, such as articles of incorporation, bylaws, and other necessary forms, must normally be filed with the state government in order to incorporate a business.
The business formally becomes a separate legal entity after the state grants approval of these documents and provides a certificate of incorporation. The business will next need to take a number of actions to set up operations, hire staff, and begin operating.
Both corporations and LLCs are examples of legal structures that can benefit business owners in different ways. The two are taxed in different ways, which is the primary distinction. Since corporations are taxed separately from other legal persons, when profits are given to shareholders, they are subject to both corporate and individual taxation. However, LLCs are “pass-through” entities, which means that income and losses are transferred to the owners’ individual tax returns.
The ownership structure is another significant distinction. The structured ownership structure of corporations includes shareholders, directors, and officers. On the other hand, LLCs can be owned by a single person or by several people and offer more flexibility in the ownership structure.
You can start by looking up the company on the website of the New York State Department of State if you’re attempting to figure out who owns a corporation in New York. The names and addresses of the company’s officers and directors should be available, even if you won’t be able to read the names of specific shareholders or owners.
You might need to conduct extra research if you need more specific details about a company’s ownership structure. One choice is to work with a private detective with experience in corporate investigations. Another choice is to look for the company’s Securities and Exchange Commission (SEC) filings, which might offer information on the main shareholders and other pertinent facts. Though not all businesses are required to file with the SEC, thus this might not be a choice for many businesses.