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S-Corporation
Audit Risk: 0.3%
Tax Rate: Owner's personal income tax rate
Personal Liability Protection: Yes
Setup Cost: $299-$599
Get Started - Order a NYS S-Corporation
C-Corporation
Audit Risk: 0.3%
Tax Rate: Owner's personal income tax rate plus Corporate income tax rate (Double Taxation)
Personal Liability Protection: Yes
Setup Cost: $299-$599
Get Started - Order a NYS C-Corporation
Limited Liability Company (LLC)
Audit Risk: 2.7% if only one owner, 0.3% if more than one owner
Tax Rate: Owner's personal income tax rate plus 15.3% Self-Employment Tax
Personal Liability Protection: Yes
Setup Cost: $599-$899
Get Started - Order a NYS LLC
Sole Proprietorship (DBA Certificate/Business License)
Audit Risk: 2.7% if only one owner, 0.3% if more than one owner
Tax Rate: Owner's personal income tax rate plus 15.3% Self-Employment Tax
Personal Liability Protection: None
Setup Cost: $149
Get Started - Order a Nassau County DBA Certificate
Get Started - Order a Suffolk County DBA Certificate
Professional Corporation (PC)
Audit Risk: 0.3%
Tax Rate: Owner's personal income tax rate
Personal Liability Protection: Yes
Setup Cost: $599-$699
Notes: Required if you are in a profession regulated by the NYS Office of Professions (click here to view a list of such professions)
Get Started - Order a NYS Professional Corporation
Non-Profit Corporation
Setup Cost: $499-$799
Notes: Your organization must qualify under Section 201 of the NYS Not-for-Profit Corporation Law (click here to view a list of the four types of allowable non-profit entities)
Get Started - Order a NYS Non-Profit Corporation
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