Can I offer a freemium version of my product or service in New York? What are the requirements?

Offering a Freemium Version of a Product or Service in New York

There is no specific regulation that prohibits offering a freemium version of a product or service in New York. However, it is important to note that certain industries may have specific regulations that need to be followed.

If you are looking to establish a tax-free NY area, you must meet the eligibility criteria outlined in 5 NYCRR 220.1 and 5 NYCRR 220.5 ^[4.2].

If you are interested in participating in the START-UP NY program, you must satisfy all of the eligibility criteria outlined in NYCL COM § 433 ^[2.1]. The program is designed to revitalize and transform upstate New York by providing tax-free areas for eligible businesses. The eligibility criteria include aligning with or furthering the academic mission of the sponsoring campus, creating net new jobs, and not being engaged in certain prohibited lines of business such as retail and wholesale businesses, restaurants, law firms, and accounting firms.

Therefore, it is important to review the specific regulations that apply to your industry and the eligibility criteria for any programs you may be interested in to ensure compliance.

Source(s):

• [2.1] Eligibility criteria for businesses
• [4.2] Purpose and general description.

Jurisdiction

New York

• General