Free Online Calculator
New York LLC Annual Tax & Fee Calculator
Calculate your total costs for forming and maintaining an LLC in New York. Publication requirement (additional $500-$1,500).
Need Registered Agent Service?
Required if no NY address
+ Publication requirement: $500 - $1,500
First Year Total
$209
One-Time Formation Costs
Annual Fees
Publication Requirement
Must publish notice in two newspapers for 6 consecutive weeks within 120 days of formation
Estimated cost: $500 - $1,500
Very Low Ongoing Costs
New York has some of the lowest LLC maintenance costs. Great choice for budget-conscious business owners.
New York LLC Key Facts
Important information for New York LLC owners
Publication requirement (additional $500-$1,500)
Very low biennial fee ($9)
Large business market
Complex tax structure
New York LLC Deadlines & Due Dates
Important dates for New York LLC compliance
Annual Tax Due
March 15 (if taxed as partnership)
Annual Report
Every 2 years during anniversary month
Processing Time
5-7 business days
New York LLC Forms
Required forms for New York LLC compliance
New York LLC FAQ
Common questions about New York LLC taxes and fees
LLC Formation and Annual Costs in New York (2026)
Forming an LLC in New York requires a $200 filing fee paid to the New York Secretary of State. After formation, New York LLCs must pay a $9 biennial fee for the biennial report. New LLCs must also complete a publication requirement, costing an estimated $500 - $1,500.
| Fee Type | Amount | Frequency |
|---|---|---|
| Articles of Organization (filing fee) | $200 | One-time |
| Biennial Report | $9 | Every 2 years |
| Publication Requirement | $500 - $1,500 | One-time |
| Registered Agent (optional, if using service) | $150/year | Yearly |
Your total first-year cost (filing fee + biennial fee) is approximately $209 plus publication costs ($500 - $1,500). Ongoing costs are $5 per year.
New York LLC Compliance Requirements
Maintaining your New York LLC in good standing requires meeting several compliance obligations.
Biennial Report: New York LLCs must file a biennial report Every 2 years during anniversary month. The filing fee is $9.
Registered Agent: Every New York LLC must maintain a registered agent with a physical address in the state. The registered agent receives legal and tax documents on behalf of the LLC. You can serve as your own registered agent or hire a professional service (typically $150/year).
Operating Agreement: New York requires an operating agreement for LLCs. This internal document outlines ownership percentages, member responsibilities, profit distribution, and management structure. Even in states where it is not mandated, having one protects members and clarifies operations.
Publication Requirement: Must publish notice in two newspapers for 6 consecutive weeks within 120 days of formation. The estimated cost is $500 - $1,500.
EIN (Employer Identification Number): All LLCs with more than one member, or that have employees, need an EIN from the IRS. Single-member LLCs without employees can use their Social Security number but obtaining an EIN is still recommended for banking and tax purposes. Applying is free through the IRS website.
Tax Treatment of New York LLCs
New York LLCs are classified as pass-through entities for federal tax purposes. A single-member LLC is treated as a disregarded entity (reported on Schedule C of the owner's personal return), while a multi-member LLC is taxed as a partnership (filing Form 1065 with K-1s issued to each member).
New York taxes LLC income that passes through to members at the state personal income tax rate, which ranges from 4% to 10.9%. New York City imposes an additional income tax of 3.078% to 3.876% for NYC residents. Multi-member LLCs filing as partnerships must also pay a filing fee based on New York-source gross income, ranging from $25 to $4,500.
S-Corp Election: New York LLCs can elect S-Corp tax status by filing IRS Form 2553. This can reduce self-employment taxes for profitable LLCs by splitting income between a reasonable salary (subject to payroll taxes) and distributions (not subject to SE tax). This election is typically beneficial when your LLC consistently earns over $40,000-$50,000 in annual profit.
Official New York Resources
- NY Department of State
Business filings
- NY Department of Taxation
Tax information
Fees are subject to change. This calculator provides estimates based on current New York law. Consult with a tax professional or attorney for advice specific to your situation. Fee information accurate as of January 12, 2026.