How To Open Up An Llc In Ny

Give the public notice.

How to open up an llc in ny. A new york llc is created by filling articles of organization with the new york department of state division of corporations. The name of your business must end with corporation incorporated limited or an abbreviation of one of these. Start your new york llc with these six easy steps. File the articles of the organization with the new york state and the state fee is 210 00. This is an official position.

To open a us llc you don t even have to live in the us. Every ny llc must have a registered agent when it is formed. Follow new york s publication requirements 5. Name your new york llc. You will need the following information to apply for an ein.

See if the name is available by searching for it on the new york department of state website. You must publish the notice in two newspapers one that is published weekly and one that is handed out daily. Choose a registered agent in new york. The registered agent is someone who receives official legal and tax correspondence and has responsibility for filing reports with the new york department of state. Your local county clerk has a list of all approved newspapers.

File the new york articles of organization. Comply with federal obligations such as getting an employer identification number. Create an operating agreement. Once approved new york requires you to publish your articles of organization or a notice related to the llc formation within 120 days. When you re starting a business in ny one of the most important decisions you ll need to make is what entity structure your business will have.

The name of your llc the name and social security number of the owner or managing member of the llc the business address the country of incorporation united states or a foreign country the number of members in the llc and information about what types of services your business supplies. It provides the limited liability of a corporation so your personal assets are protected in case of a lawsuit or bankruptcy and the operational flexibility of a partnership structure. After approving the articles with the new york state you will apply for an employer identification number with the internal revenue service to open a bank account and filing taxes. A new york address where the secretary of state should mail legal documents to the llc. You have to follow the following steps to start an llc in new york.