first, there is no error in your sentence. perfect~

and answer for your question.

yes you can use both ~니다 and ~요 to make sentence.

for example,  행복합니다. and  행복해요. which means I am happy.

이 스프는 뜨겁습니다.  and   이 스프는 뜨거워요. which means this soup is hot.

네, 정말 감사합니다.