How To Open Up An Llc In Ny

Signature the llc s organizer and.

How to open up an llc in ny. Provide an official address for your ny state corporation. This is an official position. First the name of an llc must include the words limited liability company or the abbreviation llc or l l c. 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. Once approved new york requires you to publish your articles of organization or a notice related to the llc formation within 120 days.

You must publish the notice in two newspapers one that is published weekly and one that is handed out daily. To open a us llc you don t even have to live in the us. The articles must include. Start your new york llc with these six easy steps. See if the name is available by searching for it on the new york department of state website.

File the articles of the organization with the new york state and the state fee is 210 00. The county in new york where it will be located. 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. 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. You have to follow the following steps to start an llc in new york.

Assign a new york registered agent. An llc is essentially a hybrid between a corporation and a partnership. You will need the following information to apply for an ein. Give the public notice. 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.

Learn how to name your new york corporation. A new york address where the secretary of state should mail legal documents to the llc. Second the name of the llc must be distinguishable from the names of other llc s corporations or limited partnerships on file with the department of state. Every ny llc must have a registered agent when it is formed. Keep your llc active by paying necessary ny taxes.