LLC Cost Calculators New York

New York LLC Cost Calculator

Calculate the total cost to form an LLC in New York. Filing fee: $200. Biennial Statement Fee: $9. Free New York LLC cost breakdown.

Updated
Use Calculator Free — No Sign-up Instant Results 3,353 Tests Passing Updated

Enter Your Details

Adjust values to see instant results

$0$2,000

Pre-filled: Compiled multi-state LLC fee survey — pending verification against the state fee schedule

$0$2,000

Pre-filled: New York Department of State

$0$500

Additional Details

120

Year 1 Total Cost

$484.00

Estimated • Based on your inputs

Annual Ongoing Cost

$134.00

Detailed Breakdown

5-Year Total Cost$1,020.00
43%
Initial Formation Cost$350.00
15%
Projected Total Cost$1,020.00
43%

Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, tax, or legal advice. Consult a qualified professional for your specific situation.

New York Quick Facts
10.9% Income Tax Rate
1.30% Property Tax Rate
$85,820 Median Income
124.7 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

LLC formation costs in New York include the state filing fee ($200), the recurring biennial statement ($9/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. New York also requires a newly formed LLC to publish notice in two newspapers (one daily, one weekly) in its county within 120 days and then file a Certificate of Publication. Newspaper rates vary by county and are not included in any figure on this page; in New York City they are commonly the largest single cost of forming the LLC. The filing is due during the calendar month in which the LLC was originally formed, every second year.

Key State Information

New York LLC filing fee: $200. Biennial Statement Fee: $9 per filing. New York's LLC filing fee is moderate. Note: New York bills this filing every two years, so the figure above is the cost of one filing, not a yearly charge.

Standard financial formulas Pre-filled with documented data Estimates only — not financial advice
Data Source
New York Department of State — Biennial Statements
View Original Source | Source record reviewed | Review target: annually

Example Calculation

Let's calculate the cost to form and maintain an LLC in New York.

Forming a single-member LLC in New York: state filing fee $200, registered agent service (~$125/year), EIN from IRS (free), and a DIY operating agreement (free, or $500-$1,500 with an attorney). New York's annual report/franchise tax is $9/year.

Result: Year 1 total: approximately $325 (plus any optional attorney fees). Ongoing annual cost: approximately $134/year. Nationally, filing fees range from $35 (Montana) to $500 (Massachusetts) and recurring state costs range from $0 (several states) to $800/year (California) — so New York's cost may be far cheaper, or more expensive, than forming elsewhere. Don't form in Delaware or Wyoming just for their reputation — you'll still need to register as a foreign LLC at home and pay both states.

SC

StateCalc Team

Editorial Team

The StateCalc team builds free financial calculators using data from official government sources including the IRS, U.S. Census Bureau, BLS, and state revenue departments. All formulas are validated by an automated test suite and cross-referenced against published data.

Our editorial standards

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 if you serve as your own, $100-$300/year for a commercial service) and an operating agreement (free to write yourself, ~$150 from a template service), expect to pay $200 to $650 to form an LLC in New York. Ongoing costs are $9/year to the state, plus your registered agent.

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 street address in the state. You can serve as your own agent for $0 if you have a New York address and are willing to have it appear on the public record, or hire a commercial registered agent service for $100-$300/year.

Does New York require an annual report for LLCs?

Not annually. New York bills this filing every two years. The $9 shown is the cost of one biennial statement filing, charged once every two years — about $4.50 a year, and it is due during the calendar month in which the LLC was originally formed, every second year. New York also requires a newly formed LLC to publish notice in two newspapers (one daily, one weekly) in its county within 120 days and then file a Certificate of Publication. Newspaper rates vary by county and are not included in any figure on this page; in New York City they are commonly the largest single cost of forming the LLC.

People Also Calculate

Frequently used together with this calculator

Related Calculators

🏢

More LLC Cost Calculators

View all LLC Cost Calculators

More Calculators for New York

Explore related financial tools with New York data

Compare New York With Other States

Side-by-side tax, housing & cost of living comparisons

View all state comparisons

State Comparison Guides