You can form an LLC in New York immediately if you file online (or 8 months if you file by mail).
New York LLC Processing Times
|Normal LLC processing time:||Expedited LLC:|
|New York LLC by mail:||8 months (plus mail time)||24-hours ($25 extra)|
plus 2 other options
|New York LLC online:||immediately||Not available|
What is LLC processing time? Processing time is the time it takes for the state of New York to review your LLC filing and enter it in their system. After your LLC is approved, the state sends back your approved documents electronically or by mail.
New York LLC Approval Times
Mail filings: In total, mail filing approvals for New York LLCs take 8 1/2 months. This accounts for the 8 month processing time, plus the time your documents are in the mail.
Online filings: Online filings for New York LLCs are approved immediately if you file your documents during business hours. Since you can download your documents as soon as they’re approved by the Secretary of State, there is no extra transit time.
What is LLC approval time? This is the total turnaround time to get your LLC approved from start to finish. It includes the processing time plus any transit time to and from the state.
New York expedited LLC
New York has 3 expedited LLC options for mail filings:
- 24-hour processing for $25 extra
- Same-day processing for $75 extra
- 2-hour processing for $150 extra
The New York Secretary of State is still honoring expedited requests, but the 24-hour options are delayed by a few days because so many people have been selecting this option. Processing of same-day and 2-hour expedited options haven’t changed.
What’s the fastest way to form an LLC in New York?
The fastest way to start an LLC in New York is to file it yourself online. This option has the fastest approval time.
Should I hire an LLC filing service in New York?
Hiring an LLC filing service isn’t going to get your LLC approved any faster. Filing companies still have to wait for the state to approve your LLC.
However, the benefit of hiring a filing company isn’t to reduce LLC approval time. It’s to have someone else take care of the paperwork for you (and make sure it’s filed correctly).
Why we recommend Northwest? Northwest Registered Agent has been in business for over 20 years and they have the best customer support. Our favorite thing about Northwest is that you can use their address throughout your LLC filing. This can provide you with additional privacy by keeping your address off public records. No other filing company offers this.
Even though Northwest is our favorite company, you may want to look at other companies and compare your options. Check out Best LLC Services in New York for additional recommendations.
Frequently Asked Questions
How much does an LLC cost?
Here are the costs for a New York LLC:
|Registered Agent||$0 or $125 per year|
|Articles of Organization||$200|
|Publication Requirement||varies ($300 - $1,200)|
|Certificate of Publication||$50|
|Operating Agreement||$0 (free on our site)|
|EIN Number||$0 (free through IRS)|
|Biennial Report||$9 (every 2 years)|
|Taxes||varies (filed and/or paid every year)|
How to start an LLC in New York?
Here are the steps to starting an LLC in New York:
- Search your New York LLC name
- Research your New York LLC Publication Requirements
- File New York Articles of Organization with the state
- Sign your New York LLC Operating Agreement
- Get an EIN for your New York LLC
- Complete your New York LLC Publication Requirements
- Submit your New York LLC Certificate of Publication
- Open an LLC bank account
How long does it take to form an LLC in every state?
Important: Just because one state is faster than another doesn’t mean you should form your LLC there. If you form your LLC out-of-state, you’ll need to register it as a foreign LLC in your home state. For more information, please see the best state to form an LLC.
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