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Starting a New York LLC

While New York has a reputation for being an expensive place to live, it’s actually quite cheap to maintain your business compliance as a New York LLC. There are no large franchise taxes to worry about, and the costs to keep your business in good standing are very reasonable. Before you reap the benefits, find out what you need to know to organize a New York LLC:
new york LLC
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Before you start

You'll have to provide some basic information so we can help you form your LLC in new york. Here's what your state needs to know:
The name of your business
Your business address
Who's forming and managing your LLC
Your industry
A short statement of purpose

Running a New York LLC

Are you ready to run your New York LLC? We’ll explain the next steps to take:
Step 1. Get a Registered Agent
Though New York does not require either an in-state Registered Agent or office, it’s still recommended that you hire a professional so your New York LLC receives all its legal and tax documents.
Step 2. Register for an EIN
Your New York LLC needs an Employer Notification Number to pay employees and file business tax returns.
Step 3. Form an Operating Agreement
Many states do not require an LLC Operating Agreement but New York understands the importance of this agreement and makes it mandatory for all LLCs.
Step 4. Schedule a Meeting
In the state of New York, an LLC must hold an organizational meeting as well as annual meetings, except provided in the LLC Operating Agreement.
Step 5. Send in an Initial Report
You’ll need to submit an Initial Report, also known as a Certificate of Publication in New York, along with a $50 fee.