A press release says the new system that previously took more than a week can now be processed in a matter of minutes. This also eliminates the need to pay expedited processing fees.
“By streamlining the process to create a new business venture, we are making it easier than ever for entrepreneurs to do business in New York,” New York Governor Andrew Cuomo said. “This innovative upgrade will save employers time and money, allowing them to focus on creating jobs and pursuing new opportunities for growth.
The hope is that this, along with other policies, will help create a more business friendly environment in the state.
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