Llc new york

Here's an overview of forming an LLC in New York:

Step 1: Choose a Business Name

• The business name must include the words "Limited Liability Company" or "LLC" or "L.L.C."
• The name must be unique and not already in use by another business in New York
• You can check the availability of a name using the New York Department of State's business entity database

Step 2: Appoint a Registered Agent

• A registered agent is a person or business that agrees to accept legal documents on behalf of your LLC
• The registered agent must have a physical address in New York
• You can appoint yourself as the registered agent, but you must have a physical address in New York

Step 3: File Articles of Organization

• The Articles of Organization is a document that formally creates your LLC
• You can file online or by mail with the New York Department of State
• The filing fee is $200
• The document must include the following information:
  • Business name
  • Address of the LLC
  • Name and address of the registered agent
  • Purpose of the LLC
  • Name and address of the organizer (the person or entity that is forming the LLC)

Step 4: Create an Operating Agreement

• An operating agreement is a document that outlines the ownership and operational structure of your LLC
• It is not required by the state, but it is highly recommended to avoid conflicts and ensure the smooth operation of your business
• The operating agreement should include the following information:
  • Ownership structure (e.g. who owns the LLC and what percentage of ownership each owner has)
  • Management structure (e.g. who manages the LLC and how decisions are made)
  • Profit and loss distribution (e.g. how profits and losses are distributed among owners)

Step 5: Obtain Any Necessary Licenses and Permits

• Depending on the type of business you are operating, you may need to obtain additional licenses and permits from the state or local government
• For example, if you are operating a food business, you may need to obtain a food service permit from the New York State Department of Health

Step 6: Comply with Annual Filing Requirements

• New York LLCs are required to file an annual report with the Department of State
• The annual report must be filed by the anniversary date of the LLC's formation
• The filing fee is $9

Additional Requirements

• New York LLCs are required to have a tax identification number (EIN) from the IRS
• You may need to obtain additional licenses and permits from the state or local government depending on the type of business you are operating
• You may need to comply with additional requirements depending on the specific industry or profession you are in

It's a good idea to consult with an attorney or accountant to ensure that you are in compliance with all of the requirements for forming and operating an LLC in New York.