What Does it Cost to Form an LLC in New York?

In New York, the cost of forming an LLC (limited liability corporation) online is $200. When the LLC’s Articles of Organization are filed, this charge is paid to the New York Secretary of State.

How Much Does a New York LLC Cost?

Fee for New York LLC Online Filing: $200

The major expense of forming an LLC is the $200 filing fee with the New York Department of State for your LLC’s Articles of Organization.

New York Biennial Declaration Fee: $9

LLCs in New York must submit a biannual statement, also known as a biennial report, with the Department of State.

This form may be submitted through the New York Department of State’s website. It must be paid every two years by the end of the month in which the company was founded.

Fee for Registered Agent

You may be your own registered agent in New York, but employing a registered agent service keeps your firm in compliance, informs you of critical filing dates, and helps you avoid late fines.

Fee for New York LLC Publication: Varies

In New York, all LLCs must publish a copy of the Articles of Organization or a notification connected to the creation of the LLC in two newspapers within 120 days after incorporation (one weekly and one daily).

You must send your Certificate of Publication (Form 1708-f) to the New York Department of State together with your affidavits of publication. The application cost is $50.

The actual publication charge varies by area. Newspaper publication rates in New York City may range from $1500 to $2000, but fees in Albany are often between $80 and $100.

How Much Does it Cost to Form a Foreign LLC in New York?

If you currently have an LLC established in another state and want to expand into New York, you must register your LLC as a foreign LLC in New York.

A foreign LLC in New York must be registered for $250. A foreign LLC may be registered in New York by submitting an Application for Authority (Form 1361-f-a).
Permits and Licenses for Businesses

Depending on your industry and geographic location, your company may need federal, state, and municipal permits/licenses to operate lawfully in New York. This is true regardless of whether you create an LLC or another sort of company structure.

Other Fees for Filing an LLC

There are several extra costs involved with forming an LLC:

LLC Name Reservation: File an Application for Reservation of Name (Form 1233-f) and pay the $20 filing fee to reserve your name for up to 60 days prior to LLC formation.

Doing Company As (DBA) Name: To establish a name different than your official LLC business name, file a Certificate of Assumed Name (Form 1338-f) and pay the $25 filing fee.

Certified Document Copies: Order certified copies of your New York business paperwork from the Department of State and pay the $10 filing fee.

Certificate of Status: This document, also known as a New York certificate of good standing, may be obtained by ordering from the Department of State and paying the $25 charge. Banks and lending institutions often demand a certificate of status.