Q: New York Small Business Guide: How to Start and Run a Business in New York 

Are you a business owner in New York? Or, maybe you’re considering launching your next venture in the Empire State? Then you’ve come to the right place! Here you’ll find guidance on how to start a business, fund your business, operate your business, hire employees, file for taxes, stay compliant in your state, and more. 

Bookmark this page and keep checking back to track new legislation and developments in New York that may affect your company. Now, let’s dive in!

How to register your business in the state of New York

First thing is first: Here is how you register your new business in New York.

Find funding for your New York-based business

Every business, whether new or established, requires funding. Luckily, there are business loans and grants specifically designed for New York-based businesses. Check out the New York business funding page to find a loan or grant that’s a fit for your company. 

How to file and pay business taxes in New York

Navigating the tax landscape can be complex—especially for busy business owners. Here is an up-to-date tax guide for New York businesses

Managing employees in New York

  • Are you calculating employee paychecks? Use this New York salary paycheck calculator to determine withholdings and calculate take-home pay for your employees in New York. (We do the math for you.)
Minimum wage in New YorkSUI tax rate in New YorkNew York DOL website
$15.00 per hour in New York City, Long Island, and Westchester County; $14.20 per hour everywhere else

The minimum tipped wage is $12.50 per hour for services and $10.00 per hour for food services in New York City, Long Island, and Westchester County; $11.85 per hour for services and $9.45 per hour for food service everywhere else in New York
New employer tax rate: 3.4%

Tax rate range: 2.1% – 9.9%
Wage base: $12,300
Department of Labor

More information for business owners in New York

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