how much does it cost to have an llc in new york [No Fluff]

Last updated : Sept 24, 2022

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hello everyone I'm back with another video and I'm going to show you how to form your LLC in New York State for under $1,000 with these four easy steps and you won't need to use any of those third-party services so stay tuned okay so we are already assuming that you have chosen a name once you have chosen a name you want to make sure that this name isn't already taken so you're going to go to the business and corporate entity database and you're going to type in that name and see if it's already taken it's super easy super quick I know there's also a feature where you can send a letter I guess to New York State with along with $20 and they'll check it for the whole system through their whole system I mean but this is also a very easy and simple way to do this I did not do that I just did a preliminary search on their website my name wasn't taken so I went and bought the domain immediately the dot-com is going to be your best bet because it ranks higher in Google than maybe dot NYC I would also grab the social handles so that's Twitter Facebook Instagram or your big three that you want to grab as soon as possible and just hold on to it don't feel the need to post anything just hold on to that name alright so next you're gonna file your articles of organization you can do this by mail fax or online the cost is $200 and this is a super easy form I'll link in the description box on how you fill out this form and you're gonna send it in with $200 and you're gonna wait a second when you get your filing receipt you do want to make as many copies as you feel like you need put them in different places because they do not issue copies of this so if you lose it I think that's it I don't know what happens then but you want to keep your filing receipt the third step is you're gonna publish your articles of organization in your local newspapers you cannot choose which newspapers and I think this is where a lot of people get confused you cannot choose the newspapers so you're gonna call the county clerk in the county that you are registering in and you're gonna ask them what papers do I need to publish in they will likely give you the phone number and you're gonna call them and tell them they'll send you an invoice you'll pay for it I believe mines was around 540 dollars and they'll publish it for six weeks so for six weeks you're not gonna do anything it's gonna be published in the newspaper this step is to prevent I guess like it's like at a wedding when people are like does anyone have any objections to this Union same situation with the newspaper situation you're gonna wait six weeks after the six weeks they'll send you an affidavit the affidavit you will file again with the division of corporations I believe yes the divisional corporations along with the certificate of publication form and $50.00 so there's gonna be three things in your envelope your two affidavits from the newspapers they require you to publish in your certificate of publication form and your $50.00 feet be getting your operating agreement together get your EIN start your trade marketing process but then you're done that's that's literally all you have to do anyway guys I hope this was helpful I hope that this prevents you from wasting a little bit of money as a start-up you have to conserve every dollar that you possibly can and I totally understand please reach out to me if you have any questions at all girl on Instagram thank you so much

Thanks for your comment Asuncion Komer, have a nice day.
- Levi Bershadsky, Staff Member

in this video I want to talk about the costs associated with forming a New York State limited liability company a New York State limited liability company as of today we are in the 29th is the 29th of October 2019 so at the end of 2019 currently the fee is $200 to file your articles of organization with the state and then there is a $50 fee for the publication requirement which states that you have to publish the name of the LLC and the articles of organization in a newspaper in that County so it's $50 to put that with the state then you have whatever the newspaper is gonna charge you sometimes between 100 and 200 dollars but that's it those are the filing fees and then you may need you will need an EIN an employer identification number which is a $75 I think through the federal government but those are all the fees now if you have someone else file it there's gonna be fees in addition to that so keep that in mind a lot of people go online and they don't understand why across them one thousand two thousand dollars to file the articles of organization or start the LLC in New York well it's because you had somebody else do if you have someone else navigate the Department of State and all the forms and all the files they're gonna charge you more I don't charge that much book in charge more but the basic fees $200 for the articles of organization $50 for the publication fee another $75 to the ein number which is done later you don't need to do that right away and then you're gonna have to pay some newspaper anywhere between 100 and 200 depending on which newspapers but to publish that some times or more sometimes it's less it depends on what county you're in in the whole state but those are the general fees and then of course if you have someone else do it they're gonna charge you a fee for actually filing and doing the work for you but those are the basic fees don't get intimidated by I'll put some more information down here on some of the things you should look out for some other things where to find the form the article of organization form more information on the New York State website and more information on my website where I have a ton of information about limited liability companies what it means to be a limited liability company how to file yourself or how to have me Father okay if this was helpful to you guys share the video comment underneath or Tagg somebody if you think that they can use the information and if you guys need an LLC form then you don't have the time reach out to me I what's a businessman went to law so this is what I do full-time is I help executives and entrepreneurs form companies develop marketing plans and business plans and go from zero to hero in the business in the business world so if you need help hit me up if not have a great day we'll talk again soon

Thanks Wally your participation is very much appreciated
- Levi Bershadsky

About the author

Levi Bershadsky

I've studied communication studies at Bluffton University in Bluffton and I am an expert in african religions. I usually feel cheerful. My previous job was forging machine operator I held this position for 17 years, I love talking about flying disc and jam skates. Huge fan of Una Stubbs I practice ice skating and collect militaria.