How Much Does an LLC Cost in New York?

The New York LLC filing fee is $200 to form an LLC by filing Articles of Organization with the Department of State under N.Y. Ltd. Liab. Co. Law § 203. After formation, you'll pay a $9 biennial statement fee every two years. Additional costs depend on expedited processing, professional services, and state taxes owed by your business.

Formation Costs

The base filing fee to establish an LLC in New York is $200. This covers the Articles of Organization submission, whether filed online or by mail. Online filing is available and filings are acknowledged within minutes.

Expedited Processing Options

If you need faster processing, New York offers three expedited tiers:

24-hour processing: add $25
Same-day processing: add $75
2-hour processing: add $150

Ongoing Compliance Costs

After formation, New York requires a Biennial Statement filing every two years during the calendar month your LLC was originally formed. The filing fee is $9 and can be submitted online under N.Y. Ltd. Liab. Co. Law § 203.

Your first biennial statement is due during the calendar month two years after your Articles of Organization were filed. Missing this deadline does not dissolve your LLC, but the Department will mark your business as past due, which can interfere with transactions and obtaining status certificates.

Tax Obligations

Beyond formation and filing fees, budget for state taxes:

Gross Receipts Tax (Form IT-204-LL): Ranges from $25–$4,500 annually depending on prior-year New York source income under N.Y. Tax Law art. 22. Disregarded-entity LLCs pay the $25 minimum.
Personal Income Tax: Passed through to members at graduated rates of 3.9%–10.9%
Sales Tax: 4% state rate plus local taxes if applicable

Self-employment tax applies to LLC members. Estimated tax payments are due April 15, June 15, September 15, and January 15.

Register for sales tax at https://www.tax.ny.gov/bus/st/register.htm if required. Contact the New York State Department of Taxation and Finance at https://www.tax.ny.gov/ for tax guidance specific to your business structure.

Total Startup Cost Summary

Formation filing: $200
First biennial statement (due in year two): $9
Gross receipts tax: $25 minimum

Your initial formation cost is $200, with minimal ongoing expenses if your LLC remains small.

This is general information, not legal advice.