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Register as a foreign entity in NY?

    • 2 posts
    March 23, 2009 1:59 AM EDT

    Help! I’m very confused and hoping that someone can help. I provide consulting and am setup under a LLC in NJ. A couple of my clients are in NYC. 

    I maintain a residence in NJ and do all of my work from my home, except for occasional meetings at the clients’ location in NY from time to time. My LLC’s bank account is in NJ as well as everything else for my business

    Do I need to setup a foreign entity in NY, and declare these as income for NY taxes? 

    Any help or guidance is appreciated.

    - Barry

    • 2 posts
    March 23, 2009 9:38 AM EDT
    This is a huge help.  Thank you!
    • 32 posts
    March 23, 2009 8:59 AM EDT
    Not sure what you mean by foreign entity in NY. YOu can setup a LLC in almost any state as long as you have some sort of address you can use to registerd the business. It could be a friends address in NY, just for registration sake.
    But in all honesty, you are simply wasting time trying to registered a business in NY. If you are already registeed in NJ, why waste time. You can conduct your business operations in NY and file your taxes in NJ. The main thing is paying your taxes.

    There are lost of large corporations that are registered in Delaware but only have an address there and conduct their oprattions else where.