The following table sets forth a comprehensive summary of this state’s LLC laws, filing requirements, taxation and more.
Keep in mind though, that the information in this table is subject to the whim of each state’s lawmakers, so the information is constantly changing.
It’s a good idea to do a reality check with the Secretary of State’s office to confirm that the information is still current.
|Secretary of State Contact Information
|New York Department of State
Division of Corporations
41 State Street
Albany, NY 12231-0001
|LLC Filing and Assistance Website Address
|LLC Filing Fees
|To register with the Division a domestic LLC must file Articles of Organization and a filing fee of $200. Foreign LLCs wishing to conduct business in New York must file an Application for Authority and submit a filing fee of $250.
|LLC Name Reservation Information and Fees
|New York organizers may reserve an LLC name by filing an Application for Reservation of Name Form with the Division of Corporations accompanied by a filing fee of $20. The name reservation remains effective for 60 days.
|Link to Get LLC Formation Forms
|Periodic LLC Reporting Requirements
|LLCs must file a Biennial Statement with the Division every two years. Shortly before the due date, the Division will mail a Statement form to the LLC. The filing fee is $9.
|Link to Get LLC Tax Forms
|LLC Tax Summary
|LLCs are usually considered partnerships for New York tax purposes and must pay the Department of Revenue’s annual filing fee ($325 – $10,000 depending on the number of LLC members). An LLC that is treated as a partnership for federal income tax purposes will be treated as a partnership for NY personal income and corporate Franchise Tax purposes.
|Chapter 34 of the Consolidated Laws of New York
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Michael Spadaccini is the author of 8 books on self-help legal matters such as, Ultimate LLC Compliance Guide: Covers All 50 States (Ultimate Series), Ultimate Book of Forming Corps, LLCs, Partnerships & Sole Proprietorships, and Ultimate Guide to Forming an LLC in Any State, Second Edition (Ultimate Series).
You can view his Amazon Author Profile Here.