The state filing fee to form an LLC in New York is $200. Annual maintenance costs include biennial statement ($9) plus a registered agent. Calculate your total first-year and ongoing costs below.
Last updated: April 2026 · Data: IRS, BLS, state sources
New York charges a $200 initial filing fee. New York also requires LLC formation notices to be published in two newspapers in the county of formation for 6 weeks - publication costs typically run $600-$2,000 in New York City and $100-$500 in rural counties. The biennial statement is only $9. New York's publication requirement is the biggest additional cost and unique to New York.
| Cost Item | Amount | When Due |
|---|---|---|
| State Filing Fee | $200 | One-time at formation |
| Biennial statement | $9 | Annually |
| Registered Agent Service | $49–$300/year | Annually (at renewal) |
| Operating Agreement | $0–$1,500 | One-time (recommended) |
| EIN (Federal Tax ID) | Free | One-time (IRS.gov) |
| Business Bank Account | $0–$50/month | Monthly or free |
| Period | Estimated Cost |
|---|---|
| First Year (state fees + $49 RA) | $258 |
| Ongoing Annual (state fees + $49 RA) | $58/year |
| 5-Year Total Cost (+ RA) | $490 |
The New York state filing fee is $200. In the first year, total costs including a registered agent (~$49) and annual state fees ($9) amount to approximately $258. Ongoing annual costs are approximately $58/year.
Yes - New York requires all LLCs to maintain a registered agent with a physical New York address. You can serve as your own registered agent if you have a New York address, or hire a professional service. Professional services (~$49-$300/year) keep your personal address off public records and ensure you receive legal documents even when you're unavailable.
Biennial statement: $9. Plus registered agent service (~$49/year). Total ongoing: approximately $58/year.
For most small businesses that operate in New York, forming in New York is the right choice. If you form in Delaware or Wyoming and do business in New York, you'll likely need to register as a foreign LLC in New York - paying fees in both states. Delaware and Wyoming make sense for businesses seeking venture capital, planning complex ownership structures, or operating entirely online without a home state nexus.
Standard LLC formation in New York typically takes 5–15 business days. Expedited processing is available for an additional fee and can reduce processing to 1–3 business days in most states. Online filing through the Secretary of State's website is the fastest option. Using a registered agent service like Northwest can also expedite the process.
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