New York Escrow license
New York Requires Escrow companies to be Licensed
New York Escrow licensing: New York requires companies to be licensed as an Escrow company. Companies must also still comply with federal, state and local laws. Other licenses or permits may be required depending on the nature of each particular business.
Certificate of Authority
With certain limited exceptions, a New York Certificate of Authority is required if a company does business in New York regardless of where the company is located.
A certificate of authority (also known as a certificate of registration) is a document that the State of New York requires companies not incorporated in New York to obtain before “transacting business” within the state borders of New York .
License Fees
The filing fee for getting licensed as an Escrow company in New York is: Call for a free quote.
The filing fee for a foreign limited liability company to register a New York Certificate of Authority is $250.
The filing fee for a foreign corporation to register a New York Certificate of Authority is $225.
Do you want to check on other states’ requirements for obtaining a New Escrow license? Click here.
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Want to verify if an existing company is licensed in New York as an Escrow company? Click here.