Forming an LLC in New York costs $200 to file with the state. Ongoing, you file: Biennial statement ($9), anniversary month. The publication requirement is expensive (New York City can run $1,500-2,000).
New York LLC at a glance
| State filing fee | $200 |
| Processing time | ~1 week; expedited available |
| Annual/biennial report | Biennial statement ($9), anniversary month |
| Franchise / annual tax | None |
| State income tax | Yes |
| State sales tax | 4% (state) + ~4% local |
| Sales-tax economic nexus | $500,000 and 100 transactions |
| Registered agent | Required (in-state address) |
| Publication requirement | Yes |
| Anonymous ownership | Not available (ownership is on record) |
Research snapshot last checked 2026-07-21. Fees and deadlines change - confirm on the New York Secretary of State and tax authority before filing.
Does New York fit your situation?
New York puts ownership on the public record, so it is not the choice if you need anonymity. It levies a state income tax. Note the publication requirement, which adds cost and steps. The publication requirement is expensive (New York City can run $1,500-2,000).
If you do not live or operate in New York, remember that forming here while working elsewhere can create a second state registration (foreign qualification) and a second set of fees. For most non-residents the decision comes down to banking acceptance and total cost - see the best-state comparison.
Steps to form in New York
- Check name availability and appoint a New York registered agent.
- File the Articles of Organization ($200) with the state.
- Get an EIN from the IRS (Form SS-4 by fax or phone if you have no SSN).
- Confirm banking and payment eligibility for your residence country.
- Put the report on a calendar: Biennial statement ($9), anniversary month.
Generate your New York deadline calendar · Check your US tax obligations
Quick answers
Frequently asked questions
How much does an LLC cost in New York?
The state filing fee is $200. Ongoing you file biennial statement ($9), anniversary month. There is no separate franchise tax.
Does New York require an annual report?
Yes: Biennial statement ($9), anniversary month.
Is New York a good state for a non-resident LLC?
The publication requirement is expensive (New York City can run $1,500-2,000). Base the decision on where you actually operate, banking acceptance and total cost, not only the filing fee.