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Re: docprep post# 73393

Tuesday, 01/22/2019 4:37:11 PM

Tuesday, January 22, 2019 4:37:11 PM

Post# of 111075
Foreign corporations authorized to do business in New York State

Foreign corporations authorized to do business in New York State

The Business Corporation Law provides that a foreign corporation may not do business in New York until it is authorized to do so by the New York State Department of State (DOS).

A foreign corporation that is authorized in New York State may do any kind of business a domestic corporation may lawfully do, provided the foreign corporation is authorized to do the business in the state or country where it is incorporated. Once a foreign corporation is authorized by DOS, its name is protected and the corporation may use New York State courts.

A foreign corporation that is subject to tax in New York State must file and pay all state and local taxes even if it is not authorized by DOS.

https://www.tax.ny.gov/bus/ct/foreign_corps.htm

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