New York limited liability companies are formed by filing Articles of Organization with New York State Department of State. The filing process takes 3-4 weeks although the state does offer filing in 1 business day for an additional fee.
PLEASE NOTE that New York requires every domestic and foreign LLC to publish a legal notice of its formation. This requirement is notorious for its cost, which increases significantly the closer you get to the lower portion of the state; greater NYC.
Name Identifiers and Abbreviations
The name of the New York limited liability company must end with one of the following words or abbreviations:
A formal Operating Agreement will help protect your company’s limited liability status and prevent your company from being run by the default rules created by the state. Unlike most other states, New York mandates all LLCs to have Operating Agreement.
Depending on the nature of your business some additional filings may be necessary to complete the proper set up of your LLC.
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