Business Entity Formation: Comparing New York and Delaware

Selecting the appropriate entity type and jurisdiction is a crucial step in forming a business. This program is designed to assist both solo entrepreneurs establishing a business entity for the first time and established businesses incorporating a new entity into their existing structure.

Attendees will gain insights into the differences, advantages, and disadvantages of business entity formation requirements in New York and Delaware. Additionally, the course will cover the various reporting and compliance obligations that may arise.

1. Identify the key issues to consider when creating a business entity in either New York or Delaware

2. Discuss the federal tax treatment differences between various entity types

3. Examine the reporting, maintenance, and compliance obligations associated with creating and owning a business entity under applicable federal or state laws