LLC company near me locations [Excellent Tips]

Last updated : Aug 10, 2022

How much is an LLC in NY?

Filing the Articles of Organization By mail, send the completed Articles of Organization with the filing fee of $200 to the New York State Department of State, Division of Corporations, State Records and Uniform Commercial Code, One Commerce Plaza, 99 Washington Avenue, Albany, New York 12231.

How do I establish an LLC?

1. Choose your name. Naming your LLC is important administratively and also in the eyes of your customers.
2. Get an EIN. Your employer identification number (EIN) separates your personal identity from your business identity.
3. Register your business.
4. Open a bank account.
5. Build and launch your website.

How do I create an LLC in New York?

1. Name Your New York LLC.
2. Submit an Address to Which Legal Documents Can be Forwarded and Choose Your Registered Agent.
3. Prepare and File Articles of Organization.
4. Publish your Articles of Organization in Two Newspapers.
5. Create an Operating Agreement.
6. Receive a Certificate From the State.
7. Get an Employer Identification Number.

How do I start an LLC in NY online?

To form a New York LLC you'll need to file your Articles of Organization with the New York Department of State Division of Corporation, which costs $200. You can apply online or by mail. The Articles of Organization is the legal document that officially creates your New York Limited Liability Company.

Do you have to pay yearly for LLC in NY?

This field is mandatory for New York State. Certain partnerships, limited liability companies (LLCs), and limited liability partnerships (LLPs) must pay an annual filing fee using Form IT-204-LL, Partnership, Limited Liability Company, and Limited Liability Partnership Filing Fee Payment Form.

What should I name my LLC?

• Make It Legal. The most important thing when you're choosing an LLC name is to make sure it's legal.
• Make It Memorable. You want your LLC name to be something people can remember.
• Make It Meaningful.
• Make It Original.
• Make It Distinctive.
• Make It Domain Name Ready.
• Make It Social Media Friendly.

How much does an LLC cost?

LLC Filing Cost Filing costs will vary depending on the state laws but generally range from around $40 to up to $500 . Along with filing the articles of organization, most states require that businesses obtain a business license. Business license costs range from around $50 to $100 in most states.

At what point do I need an LLC?

When a business owner has personal liability protection, they can't be held personally responsible if the business suffers a loss. This means personal assets (car, house, and bank account) are protected. If your business already earns a profit or if it carries any risk of liability, you should start an LLC immediately.

What are the benefits of an LLC?

• Limited Personal Liability.
• Less Paperwork.
• Tax Advantages of an LLC.
• Ownership Flexibility.
• Management Flexibility.
• Flexible Profit Distributions.

How much does it cost to register a business in NY?

For corporations, limited partnerships and limited liability companies, who must file with the State, the filing fee is $25, though corporations must also pay an additional county- specific fee. The corporation county fee is $100 for any county in New York City and $25 for any other county in New York State.

How do I register my company name?

1. New E-services – www.cipc.co.za / Online Transacting / New E-services.
2. BizPortal – www.bizportal.gov.za.
3. CIPC Mobile App.
4. Self Service Terminal.
5. Banks (as part of company registration process)

What is an LLC and how does it work?

A Limited liability company (LLC) is a business structure that offers limited liability protection and pass-through taxation. As with corporations, the LLC legally exists as a separate entity from its owners. Therefore, owners cannot typically be held personally responsible for the business debts and liabilities.

Do you need a registered agent for an LLC in NY?

Non-resident business entities that do business in New York State must have a registered agent for service of process in New York State. A resident agent is a contact person (e.g. New York State lawyer) or agent to receive legal papers when a corporation is served for a legal reason.

Do I need a DBA for my LLC?

No, you do not need a DBA for an LLC. This is because when you register an LLC, you'll also register your company name eliminating the need for a DBA. However, in some instances, you may use a DBA for your LLC to expand your business and operate part of it under a name other than your original business name.

Whats the difference between an LLC and DBA?

When considering the difference between DBA and LLC, a limited liability company, or “LLC,” is a legal body that is separate and distinct from its owners. A “DBA,” or “doing business as,” is merely a name owners use to conduct their business and has no legal force.

What taxes does an LLC pay in New York?

Entire Net Income With the exception of some qualified New York manufacturers to which a flat 6.5 percent rate applies, corporations in New York are generally only taxed at a rate of 6.5 percent on $290,000 or less of federal taxable income.

Does New York allow single member LLC?

A single-member LLC (SMLLC) that is treated as a disregarded entity for federal income tax purposes will be treated as a disregarded entity for New York tax purposes.

Do you have to renew your LLC in New York?

Domestic and foreign limited liability companies (LLCs) are required by Section 301(e) of the Limited Liability Company Law to file a Biennial Statement every two years with the New York Department of State setting forth the address to which the New York Secretary of State shall mail a copy of any process accepted on ...

What are the 3 types of LLC?

• Single-member LLC for the sole-proprietorship (solo entrepreneur)
• Multi-member LLC (member-managed LLC or manager-member LLC)
• Domestic LLC and Foreign LLC.
• Series LLC.
• L3C Company (low-profit LLC)
• Anonymous LLC.
• Restricted LLC.
• PLLC and LLC.

Should I name my LLC after myself?

Sometimes it makes sense to name your LLC after yourself if you want to grow your personal brand, but in some cases using your personal name can limit your business' growth or even confuse customers.

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five benefits of incorporating an LLC in the United States of America over the last two years there have been a lot of changes in your offshore world compliance regulations have become higher economic substance regulations have reintroduced and many restrictions it's really difficult now to get bank accounts even for legit business operations so many people have started to move from their offshore business into their own - like other jurisdictions and the United States over the last year has really emerged as a prime location for online entrepreneurs all over the world here are the benefits for you of incorporating a LLC in United States America if you're not a US citizen a limited liability company is a so-called pass-through entity or tax transparent vehicle that means the LLC itself is not being taxed in the United States but the tax obligations are being passed through shooty respective owners if you as a non-us citizen and a non-resident a so-called non-resident alien incorporate a LLC United States and then have a personal residency either in a country it charges very little tax or a country that has a territorial basic sation system that doesn't change any tax on foreign earned income or your perpetual traveler and you're a resident of nowhere then you can legally operate a business that can get all the payment processing you ever want stripe papal Braintree you can get good banking with solid banks you get banking with all sorts of neo bangs that transferwise or mercury and you can make that money completely tax-free because the United States doesn't text you as long as you don't have economic substance in the United States meaning employees and offer or something like that any any kind of assets and your personal taxes your personal tax residency also doesn't charge you any type of personal income tax so now you have the best of both worlds you have a rigorous diction with a very high reputation solid banking you can give your customers invoices that they have no issues deducting in their local high tech jurisdictions but at the same time your personal tax load is zero this is probably one of the best set ups right now it's very cost effective to set up it's very cost effective to maintain it's very easy to set up you don't require a lot of documentation you don't require utility bills and this is probably a setup that many of you can really put to a great effect if you need further in term a information about how exactly to set this up where do you go what what company to use to set this up how to get all of the documents in order then send me a send me an email to the email address below this video and I can help you to guide you through this process this is Chris from offshore secrets I hope you liked this video please subscribe and I see you on the next video

Thanks for your comment Savanna Radcliff, have a nice day.
- Bernice Rouw, Staff Member

hey guys this is robert with malaya law we help entrepreneurs just like you start their businesses without dealing with the complicated legal forms we are also the number one highest rated business law firm for entrepreneurs with more than fifteen hundred five-star google reviews today we are going to talk about common business address mistakes that many of our clients make when trying to register their llcs in the united states many of our clients who try to register their business themselves make mistakes when providing the state with a business address and an address for the registered agent our clients also ask us whether they can use their home address as the business address and whether they can use the registered agent address as the business address first let's discuss using your home address as the business address technically any business owner can use his or her home address when filing with the state however it is important to note that in most states when you use your home address it is going to be listed on the state's website and will become public record this is not the case in all states such as wyoming but a majority of states will list the business address on the website so if you're just starting out and you're considering using your home address as your business address it is important to think about whether you want your address being listed on the state's website for other people to see the second thing you may be considering is opening a po box to be the business address this is not a bad idea and works in many states however some states will not allow you to use a po box as the registered business address so before opening up the po box it is important to make sure that your state permits the use of a po box as the business address using a po box as the business address will likely also raise issues when obtaining your ein number from the irs because the irs oftentimes does not permit po boxes you should also avoid a po box because it does not look very credible to your clients or customers and will make them think that you're going to disappear and run off with their money so ultimately using your home address or a po box are not ideal options you should think long and hard before you decide to use your home address as your business address because this is going to be public information and many new business owners may not want this to be publicly available to their customers or clients so this brings me to the next two choices that you have the first is to rent office space and pay rent for a physical space this is a great option if you're a business owner that must run from a physical location and you need office space to meet with clients store inventory or host events however if you are a business owner that can operate his or her business from home then i think that you should strongly consider obtaining a virtual business address there are several companies out there that you can provide you that can provide you with a business address in any state for a low fee these companies will not only provide you with a business address but they will also collect mail for you scan it and email it to you some of them will even forward the physical mail to your designated mailing address so that you don't have to go pick it up prices for these services started around ten dollars per month and many of these companies also provide phone services with virtual receptionists and the ability to rent an office by the hour when you need one i believe that this is oftentimes the most cost effective and safe approach for new business owners who need to look more official by having a legitimate legitimate business address and also save costs by not having to rent office space for no reason it is important to think long and hard about whether you want to use your home address in the beginning stages of your business or whether you prefer to protect your privacy and go with a virtual address or rent office space so overall if you're an entrepreneur looking to register your business in the us or you have any questions regarding the address to put on the application then click on the link below to schedule a free consultation with us during the phone call we will be able to determine what business entity and tax election is best for you and we will handle all of the complicated paperwork for you so that you can focus on growing your business so go ahead and click the link below and also if you have any questions just post them in the comments below and my team and i will try to get to them as soon as possible see you guys in the next video

Thanks Lee your participation is very much appreciated
- Bernice Rouw

About the author

Bernice Rouw

I've studied ecological systems theory at Midland University in Fremont and I am an expert in futures studies (outline). I usually feel complacent. My previous job was parking lot attendant I held this position for 3 years, I love talking about flying and cross-stitch. Huge fan of Channing Tatum I practice artistic swimming and collect antique.