New York LLC formation guide › Annual report

New York LLC Annual Report (2026): Deadline, Fee and Penalty

Last verified 2026-06-28 · every figure is sourced below

New York LLCs must file an annual report by the anniversary month of formation, every 2 years for a $9.00 fee (every 2 years). Miss the deadline and the state can administratively dissolve the LLC. Note this is separate from New York's $25 annual entity tax.
New York LLC — annual obligations
ItemValueOfficial formSource
Annual report fee $9.00 File Biennial Statement (online) official source
Deadline the anniversary month of formation, every 2 years official source
Frequency Every 2 years NY LLC Law §301(e)
Reinstatement penalty (if dissolved) NY LLCs are not subject to corporation-style dissolution for nonpayment; no standard LLC reinstatement fee on the DOS schedule
State entity / franchise tax $25.00
NY LLC filing fee (IT-204-LL): $25 minimum if the LLC has NY-source gross income, scaling up to $4,500; $0 if no NY-source income
official source · NY Tax Law §658(c)(3)
Total annual cost (state) $34.00
sum of annual_report_fee + state_annual_tax_min
calculated

Frequently asked questions

When is the New York LLC annual report due?

The New York LLC annual report is due the anniversary month of formation, every 2 years.

How much is the New York LLC annual report?

The filing fee is $9.00.

What happens if I miss the New York annual report deadline?

New York can administratively dissolve the LLC for non-filing. You then have to reinstate it before it can legally operate again.