How Much to Start a Business in New York

Thinking of launching your US small business in New York? It’s an exciting step—but also one that comes with some startup costs. Whether you’re forming an LLC or a corporation, understanding the required government fees helps you budget smarter. If you’re also looking for dependable accounting services in New York, it pays to stay ahead on compliance right from the start.

Here’s a clear, straight-to-the-point breakdown based solely on official New York State information.

LLC Formation Costs

Setting up a Limited Liability Company (LLC) in New York includes a few required steps and fees:

Articles of Organization Filing Fee

• $200 to officially form your LLC with the Department of State.

Publication Requirement

• New York law requires publishing your formation notice in two newspapers for six consecutive weeks.
• Newspapers are assigned by the county clerk based on your business location.
• Cost varies by county (commonly between $300–$1,200).

Certificate of Publication Filing Fee

• $50 to file proof of publication with the Department of State.

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Corporation Formation Costs

If you’re setting up a corporation instead of an LLC, here’s the key cost:

Certificate of Incorporation Filing Fee

• $125 to register your corporation with the state.

Ongoing Maintenance Costs for LLCs and Corporations

Even after formation, there are periodic fees to keep your business in good standing:

Biennial Statement Fee

• $9, due every two years, for both LLCs and corporations.

Annual Filing Fee for LLCs/LLPs

• Amount depends on your business’s New York-source gross income.
• Required annually (not biennially).

Summary

Starting a business in New York involves a few government-mandated costs. LLCs will typically pay at least $250 in state filing fees, plus publication expenses. Corporations pay $125 to get started. Ongoing costs like the $9 Biennial Statement and an annual filing fee (based on income) help keep your business compliant. Understanding how much to start a business in New York ensures you’re financially prepared—and having professional accounting services in New York can make compliance smoother for any US small business.

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