New York LLC formation guide › Cost

How Much Does an LLC Cost in New York? (2026 Startup and Annual Costs)

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

Forming an LLC in New York costs $200 upfront to file with the Secretary of State. Ongoing, budget about $34/year (the $9 report fee plus New York's $25 entity tax). First-year total: about $234.
New York LLC — full cost breakdown
ItemCostOfficial formSource
State filing fee (Articles of Organization) $200.00 Articles of Organization (Form DOS-1336-f) official source
Name reservation (optional) $20.00 Application for Reservation of Name (Form DOS-1233-f) official source
Total upfront cost $200.00
sum of filing_fee
calculated
Annual report fee $9.00 File Biennial Statement (online) official source
State entity / franchise tax (per year) $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 per year $34.00
sum of annual_report_fee + state_annual_tax_min
calculated
First-year total (upfront + first year) $234.00 calculated

Frequently asked questions

How much does it cost to start an LLC in New York?

About $200 upfront to file the Articles of Organization with the New York Secretary of State.

What are the annual costs of a New York LLC?

About $34 per year (annual report fee plus any state entity tax).

What is the total first-year cost of a New York LLC?

About $234 — the upfront filing cost plus the first year of recurring costs.