How to Form an LLC in New York

Everything you need to form a Limited Liability Company in New York (NY). Filing fee: $200 | Processing time: 7-14 business days (expedited available for additional fee)

Filing Fee
$200
Annual Report
$9 biennially
Processing Time
7-14 business days (expedited available for additional fee)
Online Filing
Yes

State Income Tax

4% to 10.9% individual income tax; 6.5% to 7.25% corporate franchise tax

Steps to Form an LLC in New York

1

Check LLC name availability with the New York Department of State

2

Designate a registered agent in New York

3

File Articles of Organization with the New York Department of State

4

Pay the $200 filing fee

5

Publish formation notice in two newspapers for six weeks as required by law

6

File Certificate of Publication with the Department of State

7

Obtain an EIN from the IRS and draft an Operating Agreement

Pros of Forming in New York

  • Access to the world's largest financial center and diverse economy
  • Very low biennial filing fee of $9
  • Massive talent pool across all industries

Cons of Forming in New York

  • Publication requirement can cost $300-$1,500+ depending on county
  • High state and city income taxes (NYC adds additional taxes)
  • Very high cost of living and doing business

Best For

Finance, media, tech, and fashion businesses that need access to New York City's global market and talent.

Calculate Your New York LLC Costs

Get a detailed cost breakdown for forming your LLC in New York, including filing fees, registered agent costs, and more.

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