New York LLC Annual Report

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How the New York LLC report works: frequency, fee, deadlines, required information, and what happens if you miss it.

New York requires a biennial report (every two years) to keep your LLC's records current and in good standing. The fee is $9 per filing.

What the report is for

The report updates the public record: the principal office, mailing address, registered agent, and the members or managers. It is separate from your tax returns and is filed with the Department of State, usually online.

Cost and frequency

ItemDetail
Filing frequencyEvery two years
Filing fee$9
Cost per year, averaged$4.50
National median cost per year$35

When it is due

Due dates differ by state. Many states set the deadline by the month you formed the LLC, while others use one fixed date for every entity. Check your account on the New York filing office for your exact deadline, and add it to a calendar with a reminder a month ahead.

What information to have ready

  • LLC name and state file number
  • Principal office and mailing addresses
  • Names and addresses of managers or members, depending on the state
  • Registered agent name and street address
  • Officer or organizer signature and contact details

Late and missed filings

States commonly charge a late fee and, if the report stays unfiled past a grace period, administratively dissolve the LLC. Reinstatement usually costs more than the report itself and can require back filings. Filing on time is the cheapest option.

New York LLC at a glance

ItemDetail
Filing officeDepartment of State
LLC filing fee$200
Annual report$9, filed every two years
Franchise or entity taxFiling fee scales by income
State personal income taxYes
Corporation filing fee (for comparison)$125

New York specific notes

New York requires LLCs to publish notice of formation in two newspapers in the county of the principal office for six consecutive weeks; cost varies dramatically by county (cheap upstate, expensive in NYC).

Frequently asked questions

Does New York require an LLC annual report?
Yes. New York requires a biennial report (every two years) from LLCs.
How much does the New York LLC report cost?
$9 per filing, filed every two years.
What happens if I file late in New York?
Expect a late fee and, if the report stays unfiled, possible administrative dissolution. Reinstating a dissolved LLC typically costs more than filing on time.
Where do I file the New York report?
With the Department of State, generally through the state's online business portal.

Sources & further reading

Disclaimer: Legal information, not legal advice. For advice about your specific situation, consult a licensed attorney or CPA in your state. See our full disclaimer.