NEW YORK



New York State is situated in the north-east of the United States, and forms part of the border with Canada. More than 19 million people live in the 139 831 km2, making it the third most populous state after California and Texas. New York City, with a population of 8 million, is the largest city in the USA, though Albany is the state capital. Geography is varied, and includes the Coastal Plain, many rivers, mountains and waterfalls, and part of the Great Lakes. There are also extensive forestlands. The climate varies from region to region, but tends to be mild in coastal areas and more extreme, particularly in winter, in upstate New York. The economy is also varied, from the financial might of Wall Street to huge sugar refineries. Other areas include dairy farming, fashion, printing, chemicals, electrical equipment and flour-milling. Attractions and monuments include Niagara Falls, the Statue of Liberty and Adirondack Park, the largest state park in the USA.

History

The area was first inhabited in approximately 10 500 BC. Native Americans played an important role in the early history of the state, whereas Europeans only settled in 1624, following Henry Hudson's exploration of what is now the Hudson River. The Dutch established a colony and named it New Netherland, but in 1664 it was renamed New York when the British took over the region. Britain imposed high taxes and trade restrictions which led to violent protest and the eventual outbreak of the American War of Independence. The constitution of the United States was drawn up in 1787, and in 1788 New York became the 11th state. The early to mid 19th century saw a flood of immigrants from Europe, most of whom entered through New York City, and many of whom went no further. The period following the Civil War brought more immigrants, and helped shape New York's cosmopolitan appearance.

Politics

The governor of New York is elected to serve a four-year term. A 61-member Senate and a 150-member Assembly make up the state legislature. New York State is represented in the U.S. House of Representatives by 31 members, and in the U.S. Senate by two members.

INCORPORATION DATASHEET
Method of incorporation / registration:	The Articles of Organization must be signed by the organiser of the company. The organiser may be any private person or corporate body without any restriction.
Company form:	Limited Liability Company.
Company status:	Non-resident Company
Source of corporate legislation:	Limited Liability Company Act of New York, 1994.
Possible suffixes to company name:	LLC, Limited Liability Company
Restrictions on company name:	The terms Bank, Insurance, Trust, Trustee, Chamber of Commerce, Municipal, Royal, British may not appear in the company name.
Time required for incorporation:	4-5 weeks
Number of directors:	Minimum 1 manager of any nationality
Number of shareholders:	Minimum 1 member
Capitalisation:	No minimum
Accounting / reporting requirements:	The filing of reports is required by the Secretary of State.
Type of shares:	No shares are issued.
Annual tax and duties:	-
Information publicly available:	Registered office, registered agent and managers.
Disclosure of beneficiaries:	Not required
Registered office:	Local registered office is required by law.
Registered secretary / agent:	Local registered agent is required by law.
Double tax treaty:	Non-resident LLCs are not subject to any US DTTs.

COMPULSORY COSTS (payable prior to registration)

FORMATION FEES
Incorporation fee:	975 USD
Notarial certification:	160 USD
International authentication (Apostille):	160 USD
Legal expenses, filing fees and stamp duties:	425 USD
Issuing of share certificates and initial minutes and forms:	75 USD
Corporate seal:	50 USD
Courier fees:	50 USD
Subtotal:	1895 USD
ANNUAL FEES*
Registered office and registered agent:	890 USD
Annual tax and duties:	-
Subtotal:	890 USD
Total:	2785 USD

*The annual fees for the first year of existence of the company are payable prior to registration. Subsequently, the amount of 890 USD is payable annually, beginning from the second year of existence of the company. Non-payment of the annual fees results in the company being struck off the Company Register.

The amount of 2785 USD includes the following services: formation of the company, duties payable to the local authorities for the registration of the company, filing fees, provision of registered office and registered agent from formation for 1 year, annual tax for the 1st year, luxury leather corporate kit containing certificates of ownership, Articles of Organization with State Secretary and Apostille certification, Operating Agreement, initial forms and minutes, and 2 company seals. The price contains no hidden costs!

OPTIONAL COSTS
Nominee Director (private person):	{#New York LLC - nominee manager#}
Nominee shareholder:	190 USD / year
Certificate of Status Letter:	430 USD
Power of Attorney with Notarial Certification:	390 USD
Notarial Certification or Apostille:	160 USD
Certificate of Good Standing:	430 USD

LAVECO Ltd. is pleased to offer its clients shelf LLCs in New York, USA, registered within the framework of a special, advantageous tax scheme. In the case of purchase of a shelf company the paperwork and documentation involved can be completed in just one hour. Contact our office for details and a list of shelf companies!

SPECIAL OFFER
Formation fees including annual fees for the first year. Ready made New York LLC with nominee member, nominee manager and notarised Power of Attorney:	4055 USD
Fees payable from the second year. Registered office and registered agent, annual tax and duties, nominee member, nominee manager and notarised Power of Attorney:	2160 USD