LLC Formation Requirements
Forming an LLC in New York requires a $200 filing fee paid to the New York Secretary of State. An annual report fee of $9 is due Biennial statement due every two years in the anniversary month of formation. Standard processing takes several business days. Expedited processing is available for $25, with a turnaround of 24 hours. A registered agent with a physical address in New York is required. New York levies a state income tax on LLC members' pass-through income. Be aware that New York also imposes a franchise tax on LLCs.
Ready to Form Your New York LLC? — Partner Services
DataTactic may earn a referral fee if you purchase through these links. This does not affect our editorial content or data — official state information is always sourced directly from government agencies.
⚠ Tax Note
LLCs may be subject to New York filing fees and other taxes under the Tax Law depending on income and classification. NY also requires publication in two newspapers which can cost $500-$2000.
How much does it cost to form an LLC in New York?
The state filing fee to form an LLC in New York is $200. There is also an annual report fee of $9 due Biennial statement due every two years in the anniversary month of formation. Expedited processing costs an additional $25.
Do I need a registered agent for my New York LLC?
Yes. New York requires every LLC to maintain a registered agent with a physical address in the state. The registered agent receives official legal documents and government notices on behalf of your LLC.
Does New York have a franchise tax for LLCs?
Yes. New York imposes a franchise tax on LLCs. LLCs may be subject to New York filing fees and other taxes under the Tax Law depending on income and classification. NY also requires publication in two newspapers which can cost $500-$2000.
Does New York have a state income tax?
Yes. New York has a state income tax. As an LLC member, your share of the LLC's profits is subject to state income tax on your personal return, since LLCs are typically pass-through entities.
How long does it take to form an LLC in New York?
Standard processing time in New York is several business days. Expedited processing is available for $25 with a turnaround of 24 hours.
Can I file my New York LLC online?
Yes. New York allows online LLC filing through the Secretary of State's website, which is typically the fastest and most convenient option.
What are the ongoing requirements for a New York LLC?
You must file an annual report and pay a $9 fee, due Biennial statement due every two years in the anniversary month of formation. You must also maintain a registered agent in the state. Franchise tax obligations also apply.
Need a Registered Agent in New York? — Partner Services
New York requires every LLC to maintain a registered agent with a physical in-state address. A professional registered agent service ensures you never miss legal notices.
Sponsored. DataTactic may earn a referral fee from these partners.
Official Source
New York Secretary of State
More New York Resources
Data Methodology
DataTactic researchers verify LLC formation data directly against official government sources — New York Secretary of State publications, state statutes, and agency websites. Each data point is cross-referenced against primary sources before publication. Records are reviewed and updated when laws or requirements change.
Last verified: 2025-03-17 · Always confirm with official state sources before filing.