What Is the Annual Fee for an LLC in New York?
New York does not have a single flat annual LLC maintenance fee. Instead, the recurring state costs usually come in two parts: the $9 Biennial Statement filed every two years with the Department of State, and, when applicable, the Form IT-204-LL annual filing fee based on prior-year New York source gross income. For many New York LLCs, the real recurring tax-side fee is IT-204-LL, not the Biennial Statement.
The Department of State Fee
Every domestic and foreign New York LLC files a Biennial Statement every two years during the calendar month in which its Articles of Organization or Application for Authority was filed. The filing fee is $9.
That is an ongoing compliance filing, but it is not the only recurring New York LLC charge to think about.
The Tax Department Filing Fee
New York also imposes the Form IT-204-LL annual filing fee when applicable. The amount depends on prior-year New York source gross income.
At a high level:
- Disregarded-entity LLCs with New York source activity generally pay $25
- LLCs taxed as partnerships may owe $25 to $4,500 depending on the prior-year New York source gross income bracket
That means two New York LLCs can have very different ongoing state costs even though both pay the same $200 formation filing fee.
What Most Owners Should Budget For
If you want a practical planning number, budget for:
- The $9 Biennial Statement every two years
- Any applicable IT-204-LL annual filing fee
- Publication costs after formation, if you are a domestic New York LLC
So the correct New York answer is not simply "the annual fee is $9." The $9 filing is only the Department of State biennial charge. Depending on your tax classification and New York source gross income, the Tax Department filing fee may be the more important recurring cost.
Bottom Line
New York does not use a single flat annual LLC fee. For recurring state obligations, start with the $9 Biennial Statement every two years and then determine whether your LLC owes Form IT-204-LL each year. That is the cleaner way to estimate ongoing New York LLC cost.
This is general information, not legal advice.