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Written by : Ocie Linke
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the following information is provided for educational purposes only and in no way constitutes legal tax or financial advice for legal tax or financial advice specific to your business needs we encourage you to consult with a licensed attorney and/or CPA in your state the following information is copyright protected no part of this lesson may be redistributed copied modified or adapted without prior written consent of the author in this video we will discuss the newspaper publication requirement for your LLC we want you to know about this requirement before you form your LLC because it affects how much you will pay in publication costs this requirement is more annoying than it is useful but it is still New York law however we have a strategy we're going to share with you in this lesson which could easily save you up to $1,000 we will discuss the strategy later on since we need to cover some basics first by law every LLC formed in New York is required to notify the public of its formation by publishing add in to newspapers your ad must run in both newspapers for six consecutive weeks one newspaper must have a daily circulation and the other newspaper must have a weekly circulation for each the daily and the weekly newspapers your ad just needs to appear once per week for those six consecutive weeks your ads must be published within 120 days of your LLC's approval date your ads will contain basic information such as the name of your LLC your address and the formation date just to offer some clarity here's an example of what your ad will look like turtle pond LLC articles of organization filed with the Secretary of State of New York on 731 14 office in Albany County Secretary of State of New York designated as agent of the LLC upon whom process against it may be served that means that if you're sued the state of New York is notified and then they'll notify you the Secretary of State of New York show mail copy of process to the LLC at 100 Jane Street number for a New York New York 114 purpose any lawful purpose you will use the same ad format for both newspapers we will cover how to publish your ads in a later lesson this sample ad is also shown below this video for your reference there are two costs associated with your newspaper publication requirement the first of these is the cost to place the ads in the newspapers the cost to place the ads will vary depending on the county in which you publish the second cost is filing what's called a certificate of publication this is your certification to the state that you've met the newspaper publication requirement the cost to file this document is $50 we will discuss the certificate of publication again in the later lesson after you have formed your LLC the office address that you list in your LLC formation documents determines the county where you are required to publish your ads publication costs can vary quite a bit among the counties some are very expensive and some are quite affordable for example publishing costs in manhattan county will be 1000 to $1500 on the other hand the least expensive county is Albany County where the publication cost will be 75 to 100 dollars obviously the goal here is to keep your newspaper publication cost down you can do this by using an address located in Albany County even if your LLC is not actually located there New York requires that you list an LLC office address in your LLC formation documents however this address does not have to be your LLC's actual office address it just needs to be an address located in the state where your LLC is able to receive mail you can accomplish this by using our strategy which is hiring a registered agent located in Albany County and then using their address in your LLC formation documents a registered agent is a company that receives mail and important documents on behalf of your LLC and then them to you at any address you'd like if you hire a registered agent located in Albany County you'll be able to use their address as your LLC's office address since you're new LLC's office address will list all Bonney County you will then be able to take advantage of Albany's less expensive newspaper publication costs this is only a temporary address that you will use just to meet your newspaper publication requirement once met you will then simply change your address back to your LLC's actual office address and we'll show you how to do this in the later lesson don't worry New York does not require that you publish new ads if you change your address you only have to meet this requirement once in order to determine how much money our strategy can save you you will first need to call a weekly newspaper and a daily newspaper in the county where your LLC is actually located and obtain their publication costs you will then compare those publication costs with the cost of using our strategy if running ads in your actual county will cost you less than $300 then our strategy will not save you any money if this is the case you will just use your actual address in your LLC formation documents and publish your ads in your actual County however if running ads in your actual county will cost you $300 or more then we recommend that you hire a registered agent located in Albany County use their address in your LLC formation documents and publish your ads in Albany County the registered agent we recommend charges a fee of one hundred and twenty-five dollars for their services after you've met the newspaper publication requirement you will need to file a change of address with a state for just thirty dollars these costs are minimal compared to the hundreds of dollars you would otherwise spend running ads in your actual County typically registered agents charge one hundred to three hundred dollars per year for their services if you decide to use our strategy and hire a registered agent located in Albany County then we recommend a company called Northwest registered agent they have been in the business for more than two decades and they have a solid reputation again their fees are $125 per year and their support is top-notch the benefit of using Northwest registered agent is that their New York office address is located in Albany County if you want to hire them there's a video tutorial below on how to sign up for their services once you signed up with Northwest registered agent you will then be able to use their Albany address in your LLC formation documents if you have any questions for them we've also listed their phone number below this video here's a breakdown of what it will cost you to hire Northwest registered agent run ads in Albany County and then file a change of address after you have met your newspaper publication requirement hiring Northwest registered agent is 125 dollars publishing in the Times Union daily which is a daily circulation paper is $60 publishing in Altamonte enterprise which is a weekly circulation paper is $35 changing your address afterwards is $30 your total cost of this strategy is two hundred and fifty dollars so if total costs to use our strategy are approximately two hundred and fifty dollars that anyone who expects to
Thanks for your comment Kory Bauza, have a nice day.
- Ocie Linke, Staff Member
and what is going on everybody this is vinnie milletti with milady law the strongest name in law uh right now i believe it's february 27 2022 it is sunday i am driving back home from beautiful savannah georgia it is not beautiful in new york it is cold and you know i'm going to be regretting missing the heat very shortly but um but it is what it is and this is where we are so first things first i need you all to click to uh the subscribe now button at the bottom of the screen on the youtube channel or i need you well or an end i would like you to do both of them make sure you go to the website www.bloodylaw.com www.ladylaw.com and uh go ahead and sign up for the newsletter this way you could be in the know and get all the new cool stuff all the information that we um publish daily uh daily weekly i mean all the time we're publishing new and cool stuff that we find helpful so you know certainly we don't want you to miss anything out so please be sure to subscribe and sign up for the newsletter all right let's get down to it so you know a question that i get often right uh what is the difference between you know like a c corp an llc and a partnership professional corporation all the different corporate formalities in new york so a lot of people like an llc right so if you've watched my videos in the past you know you're you should be familiar with that you know the reason why you know i suggest the reason why everybody does an llc is simply because you get more flexibility you know there are certain formalities that you do not need to maintain with an llc that you need to maintain with let's say like a corporation and you know you could have more flexibility with the llc because you know at the end of the day llcs were designed to do that they were designed to be a flexible vehicle that still had all the protections that you have from a regular corporation so you know the big crux the big point of that right is just simply use llc's if you um want to have a more flexible uh operating structure business structure etc all right so now when you file your llc if i remember the price it's like 200 or 200 and change something you file your llc secretary of state you file your articles of organization you know it's very short document just a couple of um paragraphs nothing crazy a lot of it is automatically uh pre-populated you do not need to retain a lawyer to do this though it is nice to have a lawyer because obviously the lawyer is familiarized with everything and can set you up right way you know you would go ahead and i mean i would always recommend you pay for an agent of service something like uh you know csc corporation services corp or whatever it is you pay for an agent or service it's like a 50 year subscription somewhere a little bit more something like 200 bucks a year but you can get fifty dollars a year for a scripts for a subscription and basically what that is is you have someone within new york who can get um served under the secretary of state i believe it's section 303 of the um llc law whatever it is in new york limited liability law and you know that's that's one aspect okay so now you get that out of the way and this is the point of the video so the title of this video i had labeled it um understanding new york city's llc publication requirement understanding new york city's llc's publication requirement all right so filing the articles of organization is not the only thing you need to do you know you also obviously need to get your ein but another thing is you need to file a notice of publication so basically what a notice of publication is um there is a publication requirement there are two like you have to publish in two newsletters or newspapers i want to say uh weekly and daily for i think six weeks and the um the clerk in the county in which you're filing the clerk decides who those um newspapers are gonna be so to say it a little more clearly because i know i'm speaking like in like sections say more clearly you need to give send to the division of corporations you need to send to them a notification uh notice the publication notice publication is a situation in which you're going to file and publish your llc in two newspaper journals that's going to be selected by the city clerk in the county in which you file and that's essentially how you're going to do that right so and that satisfies the publication requirement after six weeks you know again you just send that notice of publication out to um the secretary of state and you'll be it'll be satisfied so now here's the point of this video once you do that you're going to be solicited by a thousand companies and every company is going to tell you how you know you must do this this is the best way to do it you know um here are your fees here's this here's that every single company every single company that has reached out to me has charged between i want to say 1800 and close to 3 000. i think the highest is 2800 on it and every company has their own um has their own price structure on fees their own cost they make their mock-ups here and there whatever the case is um that is a great and colossal waste of time it is not that much effort to go ahead and file your own notice of publication i would strongly suggest that you what you would do is you would reach out you go on google you the um the county which you had registered your llc which you function to do business so for instance if it's kings county you would write to that county clerk so you would go online and you would type county clerk and then llc requirements and that will typically bring you to whatever state and county and city that you have this requirement i'll typically bring to that the respective clerk and they will let you know how to do it they will let you know where to publish and they'll lead you to the correct proper context those contexts will uh pricing new york is generally between 250 and 300 depending on where you're publishing certain publishers at 300 publishers uh 250 260 280. i haven't seen more than 300 except for like a little process fee i've seen 325 but otherwise i haven't seen more than 300 but the point of this video is is be wary people will take a ton of your money um people want two thousand you know that it's an expensive course it's like two thousand dollars to go ahead and do that if you use an agency so i said please do it yourself please go online please go to um you know the county clerk's office send them the email let them know you're looking to publish your llc publication requirement and do it through that and reach out to the contacts that he or she gives you because it will be significantly cheaper i have endlessly saved clients thousands of dollars literally thousands by avoiding the overinflated um companies that do the publication and you know they do this because there are 19 million people that live in new york and honestly people are confused and don't know you know how to do this they don't know how to handle this so they can take advantage of don't get taken advantage of make sure you email the clerk in the county in which you're filing and let them know
Thanks Rufus your participation is very much appreciated
- Ocie Linke
About the author
I've studied conspiracy theory at The University of Alabama in Tuscaloosa and I am an expert in commercial policy. I usually feel giggly. My previous job was railroad inspector I held this position for 20 years, I love talking about archery and chess. Huge fan of Linkin Park I practice marathon swimming and collect disneyana.
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