๐Ÿข LLC Cost Calculators New York

New York LLC Cost Calculator

Calculate the total cost to form an LLC in New York. Filing fee: $200. Annual fee: $25. Free New York LLC cost breakdown.

Free โ€” No Sign-up Verified Data Editorially Reviewed Updated
New York Quick Facts
10.9% Income Tax Rate
1.72% Property Tax Rate
$74,314 Median Income
123.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

LLC formation costs in New York include the state filing fee ($200), annual report/franchise fees ($25/year), registered agent fees, and optional costs like an operating agreement. EIN registration with the IRS is free. This calculator provides a comprehensive first-year and multi-year cost projection for forming and maintaining an LLC in New York.

Key State Information

New York LLC filing fee: $200. Annual report fee: $25/year. New York's LLC filing fee is moderate.

Standard financial formulas Pre-filled with real state data Estimates only โ€” not financial advice
Data Source
New York Secretary of State
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much does it cost to form an LLC in New York?

The state filing fee is $200. Including a registered agent ($0-$125/year) and operating agreement (~$150), expect to pay $350-$475 to form an LLC in New York. Annual ongoing costs are approximately $150/year.

Do I need a registered agent for my New York LLC?

Yes, New York requires every LLC to have a registered agent with a physical address in the state. You can serve as your own agent if you have a New York address, or hire a registered agent service for $100-$300/year.

Does New York require an annual report for LLCs?

Yes, New York requires an annual report (or biennial in some states) with a fee of $25. Failure to file can result in administrative dissolution.

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