I have incorporated but not registered, not yet fundraising, what do I need to do first?
Venture Capital Attorney
The short answer is yes. In addition, you will need to have a NY franchise tax exemption as well and a NY sales tax exemption. There is a good bit of tax exempt documentation required for the 501(c)(3) application and you should have an attorney review your files before submission. This can save you plenty of time in the process and answer most of the questions you have in connection with establishing your 501(c)(3).
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