Compare Business Types in New York
Side-by-side comparison of all business entity types. Find the best structure for your New York business.
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| Feature | Corporation | LLC | Nonprofit | Partnership | S-Corp |
|---|---|---|---|---|---|
| Filing Fee | $125 | $200 | $75 | $200 | $125 |
| Processing Time | 7-10 business days | 7-10 business days | 7-14 business days | 7-10 business days | 5-7 business days |
| Annual Tax | $25 | $25 | — | — | $25 |
| Registered Agent | Required | Required | Required | Optional | Required |