Each state has different requirements for forming a limited liability company (LLC). Whether you are starting a business or incorporating a business already in existence, you'll want to understand the state requirements for LLC formation.
Cost to form a New York LLC
At BizFilings, we clearly outline our fees and the New York state fees. When you view our pricing to form an LLC you plainly see:
BizFilings’ package prices.
BizFilings offers three incorporation service packages from which you can choose.
State fee for standard turn-around.
Our pricing clearly shows the state fee to incorporate in New York with standard turn-around.
You will see the BizFilings and state fee, if any, for expedited turn-around.
New York has a 24-hour filing option, which is outlined in our pricing.
Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Organization.
The name of a LLC must end with "Limited Liability Company," "LLC" or "L.L.C." Accent marks cannot be used in the name. The name may not be the same as or confusing similar to that of any domestic or authorized foreign corporation or reserved name. The name may not contain any word or phrase indicating the corporation is formed for any purpose other than that included in its Articles of Organization.
The following are New York’s requirements for the members/managers of LLCs:
LLCs must have one or more members/managers.
New York does not have a provision specifying where members/managers must reside.
New York does not have age requirements.
Inclusion in the Articles of Organization.
Member/Manager names and addresses are not required to be listed in the Articles of Organization.
Requirements for the Articles of Organization
The document required to form an LLC in New York is called the Articles of Organization. The information required in the formation document varies by state. New York's requirements include:
Listing the name and address of a registered agent is optional in New York. LLCs must, however, include the address to which legal documents, such as Service of Process, should be sent. The registered agent or person at the Service of Process address must be available during normal business hours.
Some states require additional filings or steps at the time of incorporation, such as a county level filing, publishing notice of the LLC formation in a local newspaper or an initial report filing. New York requires the following:
New York requires LLCs to publish notice of the incorporation for six consecutive weeks in two newspapers as assigned by the County Clerk in the county of the LLC’s legal address. A Certificate of Publication should then be filed with the Department of State upon completion of the publication requirement.
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:
New York requires corporations to file a biennial (every two years) report during the anniversary month of the incorporation. The filing fee is $9.