New York LLC Requirements

After forming a limited liability company (LLC), you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability an LLC provides its owner(s). This guide outlines the ongoing requirements for New York LLCs.

New York LLC taxes and fees

The following are taxation requirements and ongoing fees for New York LLCs:

  • Biennial report. New York requires corporations to file a biennial (every two years) report during the anniversary month of the incorporation. The filing fee is $9.
  • Taxes. For complete details on state taxes for New York LLCs, visit Business Owner's Toolkit or the State of New York.
  • Federal tax identification number (EIN). An EIN is required for LLCs that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
  • State tax identification number. New York does not require a state tax identification number.

Business licenses in New York

Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.

Additional New York information

View the following additional resources BizFilings has for forming and maintaining companies in New York: