State Guide · NY

New York LLC Guide (2026)

Everything you need to form and maintain an LLC in New York, state-specific fees, deadlines, and step-by-step instructions.

By Edmond Hui · Last updated: August 25, 2026

This hub indexes all New York LLC guides in one place, formation, compliance, registered agents, and business structure comparisons. Quick reference: state filing fee $200, standard processing not published by the state, annual report due Anniversary month (biennial). For the complete step-by-step formation walkthrough, see the Full Formation Guide below.

Key LLC facts for New York: $479.5 minimum first-year cost, $29.5 each year after, a biennial state report, and a personal income tax. In New York, newspaper publication is required.
First-year cost is the unavoidable minimum to form and stay compliant; the second figure is what recurs annually. Source: New York's published filing fee schedule, verified July 2026, with anonymity and income-tax status from MyStateLLC's 50-state datasets.
Filing fee$200#20 cheapest of 50 states
ProcessingNot publishedNew York publishes no standard turnaround
Annual reportAnniversary month (biennial)

What Are the Mandatory Costs for a New York LLC?

Recurring State ChargePartnership, LLC and LLP Annual Filing Fee: $25/year minimum

A New York LLC owes the Partnership, LLC and LLP Annual Filing Fee, a minimum of $25 a year, separate from the $200 filing fee. That brings New York's minimum first-year state cost to $479.50. Budget for it as a recurring annual obligation before forming.

Graduated on the LLC's New York source gross income for the immediately preceding tax year: $25 for $0-$100,000; $50 for $100,001-$250,000; $175 for $250,001-$500,000; $500 for $500,001-$1,000,000; $1,500 for $1,000,001-$5,000,000; $3,000 for $5,000,001-$25,000,000; $4,500 above $25,000,000. An LLC treated as a disregarded entity pays a flat $25 if it has any income, gain, loss or deduction from New York sources.

Publication RequiredNew York requires newspaper publication of your formation

New York requires publication of the LLC's formation once a week for six successive weeks in two newspapers designated by the county clerk, within 120 days of formation, followed by a $50 Certificate of Publication. Newspaper rates are set by the newspapers and vary sharply by county.

Cost: Roughly $250 in a low-cost county, including the $50 Certificate of Publication fee. New York City counties cost materially more, but no clerk-designated NYC newspaper publishes a rate card. Ask your county clerk for the designated papers and their current rates.

Key Finding

202,550 new business applications were filed in New York in the 2026 YTD (Jan to Jul) vs 2025 YTD (same months) window, up 10.9% year over year

New York ranks #4 of 51 jurisdictions by application volume and #25 per capita. For scale, the state counted 541,313 active business establishments as of 2023 (Census County Business Patterns). This monthly BFS series is a leading indicator of formation activity, ahead of the Census's annual establishment counts.

Source: U.S. Census Bureau, Business Formation Statistics (BFS), Jul 2026

New York Small Business Landscape

Small businesses in New York2,378,996 (99.8% of all New York businesses)
Small business employment3,932,389 workers (46.6% of private-sector employment)

Source: SBA Office of Advocacy, 2025 Small Business Profile

New York Business Survival

5-year survival rate51.9% of new New York businesses survive five years, #23 of 51 nationally

Source: U.S. Bureau of Labor Statistics, Business Employment Dynamics

See how New York’s 5-year survival rate compares nationally in our full state-by-state ranking.

Enterprise LLCs Formed in New York

Entity NameWhy They Chose New York
Goldman Sachs & Co. LLCNew York's broker-dealer registration framework and the SEC's New York regional office require that investment banking subsidiaries maintain New York-registered entities, New York LLC status gives Goldman Sachs direct access to New York's UCC Article 9 secured transactions framework for complex financial instruments.
Verizon New York LLCNew York's Public Service Commission requires in-state LLC registration for regulated wireline telecommunications carriers, compelling Verizon to isolate its New York landline network assets in a separate LLC subject to NYPSC rate oversight.
Blackstone Holdings LLCNew York's partnership taxation rules and the concentration of institutional capital in Manhattan make it essential for private equity holding entities to maintain New York-registered LLCs, enabling direct access to ERISA fiduciary frameworks and New York's well-developed investment management case law.

Why New York attracts enterprise LLCs: New York is the world's financial capital, its Uniform Commercial Code, sophisticated commercial courts, and concentration of institutional investors make it the required formation state for financial services, private equity, and investment management operating entities that need New York-governed contracts.

Entity examples are illustrative and based on publicly available corporate registrations. Reasons reflect general state-level legal and tax advantages, not verified statements of each company's formation rationale. For educational purposes only; consult a licensed attorney before making formation decisions.

Check your business name

See if your domain and social handles are available before you file.

How Do You Start an LLC in New York?

Filing in New York costs $200 in state fees. New York publishes no standard processing time, so plan around the filing itself rather than a promised turnaround. You'll file Articles of Organization, appoint a registered agent, and complete any state-specific requirements before opening for business.

That is the filing fee alone. For the first-year and five-year totals, see New York LLC cost.

Full Formation Guide for New YorkExact forms, fees & filing instructions

What Are the Ongoing Requirements for a New York LLC?

New York LLCs must file an annual report due Anniversary month (biennial) and keep a registered agent on file year-round. Missing deadlines triggers late fees and risks administrative dissolution.

Full Compliance OverviewAnnual report, fees & deadlinesAnnual Report GuideDue dates, forms & filing steps

How Do You Register a Foreign LLC in New York?

If your LLC was formed in another state (Delaware, Wyoming, etc.) but conducts business in New York, you must register as a foreign LLC. This requires a separate filing fee and a registered agent in New York.

New York Foreign LLC Registration GuideForms, fees & registered agent requirements

Does a New York LLC Need a Registered Agent?

Other New York LLC Compliance & Tax Guides

How Does a New York LLC Compare to Other Structures?

New York LLC Operating Agreement Templates

New York LLC Guides by Industry

How Do You Dissolve an LLC in New York?

Does New York Waive LLC Fees for Veterans?

What Does Moving a Rental Into an LLC Cost in New York?

Do You Need an LLC to Sell on eBay in New York?

How Does New York Compare to Other States for LLC Formation?

Side-by-side breakdowns of filing fees, annual costs, taxes and privacy rules, each written for a business owner already operating in New York.

Compare from a different home state →

More New York LLC Resources

Best Bank AccountsBest business bank accounts for a New York LLC →Grants & IncentivesSmall business grants & incentives in New York →Anonymous LLCHow to form an anonymous LLC in New York →
Edmond Hui

Edmond Hui · Founder, MyStateLLC

Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.

Compare New York with Other States

Alabama LLC guideFiling fee $200 · See costs and requirements →Washington LLC guideFiling fee $200 · See costs and requirements →Maine LLC guideFiling fee $175 · See costs and requirements →How to form an LLCGeneral step-by-step formation guide →Annual report complianceDeadlines and fees for all 50 states →
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