New York LLC Biennial Statements

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This Quick Start Guide is a brief overview of how to form an LLC in New York.

Detailed Lessons:

 

New York LLC Costs:
New York LLC filing fee: $200
Newspaper fees: varies by county (see Lesson 2)
Certificate of Publication: $50
Biennial Statement: $9 (every two years)

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New York LLC - Annual Report (Biennial Statement)

File Biennial Statement

New York Department of State: Biennial Statement

State Contact Info

Phone: 518-473-2492 (M-F: 8:30am – 4:30pm)
Website: New York Department of State: Contact Info

Next Step

You can now proceed to the next Lesson: Taxes.

Matt Horwitz


Matt Horwitz
Founder & Educator, LLC University®
Matt Horwitz has been the leading expert on LLC education for the past decade. He founded LLC University in 2010 after realizing people needed simple and actionable instructions to start an LLC that other companies weren't offering. He's cited by Entrepreneur Magazine, Yahoo Finance, and the US Chamber of Commerce, and was featured by CNBC and InventRight.
 
Matt holds a Bachelor's Degree in business from Drexel University with a concentration in business law. He performs extensive research and analysis to convert state laws into simple instructions anyone can follow to form their LLC - all for free! Read more about Matt Horwitz and LLC University.

24 comments on “New York – Biennial Statements”

Disclaimer: Nothing on this page shall be interpreted as legal or tax advice. Rules and regulations vary by location. They also change over time and are specific to your situation. Furthermore, this comment section is provided so people can share their thoughts and experience. Please consult a licensed professional if you have legal or tax questions.

  1. Hi Matt,
    First, let me say thank you, thank you on this fabulous website. Through your expertise I was able to form my LLC without a hitch and my legal ads are running in Albany newspapers as I write this. I do however have a question about the Biennial statement. Due I pay this year or in 2020? Also, not related to this post I saw a donate button on your page and will be making a donation. The information your company provide is truly appreciated.

    • Hi Tracy, why thank you for the nice comment! So glad to hear! If your LLC is approved in 2018, your first Biennial Report does not need to be filed until 2020. And thank you so much for your support!! :)

  2. Hi, I Have a questions.
    if I have an LLC for single member for my business.

    Can I pass to other person just change my name to other person name?

    if is yes, can you give me the instructions.

    Thanks

    Best Regard

    • Hi Moises, “passing” an LLC to another would likely be a sale. It involves multiple steps as well as supporting documentation and contracts. It’s not something we provide information on at this time. You have to sell your LLC interest, document that sale, amend the Operating Agreement, amend the Articles of Organization with the Division of Corporations, update the IRS, and update the NY Department of Taxation & Finance. Instead, if you’re done with the LLC, we recommend dissolving it (by filing Articles of Dissolution). And if the other person wants and LLC, we recommend they just form a new one. Hope that helps and thanks for your understanding.

  3. Great Website! I am thinking of starting an LLC (Property Management) I just brought a two family home. I want to use one Unit to start making history of the property management LLC. Where the future tenants will pay to the LLC instead of paying me. In few years after I build some captial I plan to buy more property and manage more rental spaces.

    I read about the 200 plus fees of 9 every 2 years and New York publication fees. Are there any other fees, I should be aware of ?

    Is this a good idea or will running an LLC will be too costly for collecting rent purposes?

    • Hi Katie, holding real property in an LLC is a great idea for personal asset and liability protection. And you are correct on the fees. Make sure to speak with an accountant to make sure your taxes are properly paid: federal, state, and local. Hope that helps!

  4. Hello Matt,

    I filed and became my own LLC on 1/26/16. When must I pay dues in NY state?
    Thank you!
    Caroline

    • Hi Caroline, you’re LLC’s anniversary month is January. Your first Biennial Statement was due January 31st 2018 (the last day of your anniversary month; 2 years after LLC approval). You’ll want to call the NY Division of Corporations to make sure your LLC is up to date. Hope that helps.

      • Hello,

        Thank you so much for creating this website, it’s helping me so much. I just started my LLC for a cosmetic company filed December 31st 2020. I seen your comment to Caroline so i was wondering would my Biennial Statement be due December 31st 2022?

        Thank You.

        • You’re very welcome Danielle! Yes, correct. If your LLC became effective 12/31/2020, December is your LLC’s “anniversary month”. The Biennial Statement is due every two years by the last day of the LLC’s anniversary month. So your first Biennial Statement would be due by December 31, 2022. If your LLC became effective in January 2021, the first Biennial Statement would be due by January 31, 2023. Hope that helps :)

          • Did you mean if the LLC start date is January 2020 the Biennial Statement would be due January 31, 2022?

            • You’re welcome Danielle. Ah, good catch. Apologies about that. I’ve since edited the comment. While what you asked is correct, I meant if the LLC effective data was in January 2021, the first Biennial Statement would be due by January 31, 2023.

  5. Good Afternoon,

    How do I find out what the DOS ID Number is for my Business. I have to file because its past due

    Thank you

    Jeffrey Schneider

    • Hi Jeffrey, you can find your LLC’s DOS ID Number by looking on your approved Articles of Organization. You can also search your LLC on the state’s database to find it. You can find the link to the database on this page: New York LLC name search. Hope that helps.

  6. Hello, first of, thank you for what you are doing for people like me whose needs some help. I would like to add a partner to my C cooperation, can you point me to the right direction?. I can’t afford a lawyer just yet so I am looking for guidance on how I go about it.
    Thank you so much

    • Hi Maria, thank you! You’re very welcome. We only cover LLCs. However, you can sell/assign stock in order for someone to become a shareholder in a C-Corporation. It’s not something we recommend you DIY though. Hope that helps.

  7. Hi Matt,

    If an LLC has been closed, does it still need to submit a biennial statement? Or any type of document stating that it has been dissolved?

    • Hi Tanya, the LLC needs to file any outstanding Biennial Statements and file an Articles of Dissolution with the New York Division of Corporations.

  8. Hello Matt,

    Do we also have to file Form IT-204-LL every year as well?

    Thanks,

    Dan

    • Hi Dan, typically, yes, however, it depends on how the LLC is treated for federal tax purposes and if there is income, gain, loss, or, deduction from New York State sources. We recommend working with an accountant to make sure all necessary federal and state returns are filed.

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Matt Horwitz founder of LLC University
Matt Horwitz
Founder & Educator
LLC University®