New York Benefit Corporation formation

New York Benefit Corporation formation

EK Law Office PLLC provides Benefit Corporation formation services in New York. A Benefit Corporation may be formed for the purpose of creating a “general public benefit,” which is defined as a “material positive impact on society and the environment.”

A Benefit Corporation may also pursue other specific benefits such as providing beneficial products or services to low-income or underserved individuals or communities, promoting economic opportunity, preserving the environment, improving human health, promoting the arts, increasing the flow of capital to entities with a public benefit purpose, or the accomplishment of any other particular benefit for society or the environment.