How Long Does It Take to Get an LLC in New York?

How Long Does It Take to Get an LLC in New York

You might wonder how long the process takes to file your New York LLC.

The timeline to form an LLC in New York from start to finish depends on the filing method. If you file online, the LLC approval process in New York is immediate. Mail filing takes 4 months+.

This article explores the exact timeline to get an LLC approved in New York and provides tips to expedite the duration of mail filings.

New York LLC Approval Time and Duration

New York offers two main filing methods with different approval timelines.

Mail Filing

Mail filing for a New York LLC takes much longer than filing online. The approval process can take 4 months when you mail your paperwork.

This long wait includes the time the state uses to process your documents (including COVID-related delays) and extra time for mailing documents back and forth.

The extended timeline is due to the manual handling of paper forms. State workers must input all their information by hand. This method is slower but may be preferred if you need to submit special documents.

Online Filing

Filing your New York LLC online is much faster. You can get approval right away during business hours.

The benefits of online filing include instant approval if you submit during work hours, no waiting for mail delivery, and fewer chances for errors in your application.

Online filing is the quickest way to form your LLC in New York. You can start your business sooner and avoid the long wait times of mail filing. The state’s website guides you through each step of the process.

New York LLC Processing Time

Here’s a breakdown of the filing options and processing times for New York LLC:

LLC Filing MethodLLC Processing Time
Online FilingImmediate
Mail Filing3-5 weeks (plus mailing time)
New York LLC Timeline

Should I file online or via mail?

Filing online is the better choice for most people. It’s faster and easier than mailing your documents. You can submit your application any time, day or night.

With online filing, you don’t have to worry about postal delays or lost paperwork. Your information goes straight to the New York Department of State.

Online filing helps you avoid mistakes. The system guides you through each step, ensuring you fill out all required fields.

New York LLC Expedited Option

New York offers several expedited filing options for LLCs. These options can speed up the processing time if you need your LLC formed quickly.

For mail filings, you have three expedited choices (the extra fees are on top of the standard $200 filing fee):

  • 24-hour processing: $25 extra
  • Same-day processing: $75 extra
  • 2-hour processing: $150 extra

Online filings have no expedited option since the processing time is immediate.

Note

Note that expedited processing may be slightly delayed due to high demand. The 24-hour option, for example, might take a few extra days.

How do you know when your LLC is approved in New York?

After filing your LLC paperwork in New York, you’ll want to know when it’s officially approved. There are a few ways to check this.

If you file online, you’ll typically get an email confirmation when your LLC is approved. This can happen within a few business days. The state will send you a paper certificate of formation for mail filings. This usually takes longer, up to 8 months.

You can search the New York Department of State’s business entity database online. Once your LLC shows up there, it’s approved.

Here’s a quick breakdown of approval notification methods:

  • Online filing: Email confirmation
  • Mail filing: Paper certificate
  • State database: Your LLC appears in search results

Remember, processing times can vary. During busy periods, it might take longer. Be patient and keep checking if you don’t hear back right away.

Once approved, you’ll get your filing receipt and LLC certificate. These are important documents, so keep them safe. You’ll need them to open a bank account or get business licenses.

What are the publication requirements for forming an LLC?

To form an LLC, publish a notice in two designated newspapers for six weeks, matching the name in the Department of State’s records. Then, submit the affidavits, a Certificate of Publication, and a $50 fee. Failure to do this within 120 days will suspend your LLC’s business authority.

Does my LLC need any licenses or permits?

Yes, some business activities require licenses or permits from state or local governments. You can contact New York Business Express to help identify any necessary New York State licenses or permits. For local licenses or permits, contact the county clerk and the city, town, or village clerk where your business will operate.

What’s the fastest way to get an LLC in New York?

Filing online is the quickest way to get an LLC in New York. You can do this through the New York Department of State website. Online filings can be approved immediately if you provide all the needed paperwork.

To file online, choose a unique business name, fill out the online application, pay the $200 filing fee, and submit your documents.

Another fast option is using a registered agent service. These companies can handle the filing process for you. They know the rules and can help avoid mistakes that might slow things down.

While it may cost more, using a registered agent service can make the process smoother. They’ll take care of the details so you can focus on your business.

Remember, you’ll still need to publish a notice in two newspapers after forming your LLC. This is a unique rule in New York.

Looking to save time? Consider hiring a company to form your New York LLC: Northwest ($39 + state fee) or Doola ($297 + state fee)

Do you need a registered agent for an LLC in New York?

Yes, you need a registered agent for your LLC in New York. The state requires all LLCs to have a registered agent to receive important legal documents and official mail.

By default, the New York Secretary of State is the registered agent for all New York LLCs. However, you can choose your registered agent. There are two options: act as your registered agent and use a professional registered agent service.

Acting as your agent is free, but it has some drawbacks: your name and address become public record, you must be available during business hours, and you risk missing important documents if you’re away.

A professional registered agent offers privacy protection for your personal information, reliable document handling, and freedom to travel or work outside regular hours.

I highly recommend Northwest Registered Agent for your LLC formation.

Northwest Registered Agent has over 20 years of experience and is renowned for its exceptional customer support.

One of Northwest’s standout features is the ability to use its address for LLC filings. This enhances privacy by keeping your personal address off public records, setting Northwest apart from all other filing companies.

Choose Northwest Registered Agent for a reliable and privacy-focused LLC formation experience.

Looking to save time? Consider hiring a company to form your New York LLC: Northwest ($39 + state fee) or Doola ($297 + state fee)

Frequently Asked Questions

What are the steps to starting an LLC in New York?

Here are the steps: choose a unique business name for your LLC, file articles of organization with the New York Department of State, publish a notice in two newspapers in your county, create an operating agreement, and get an EIN from the IRS.

What are the costs associated with forming an LLC in New York?

The filing fee for articles of organization is $200. Newspaper publication costs vary by county, ranging from $100 to $1,500. Additional expenses may include licenses, permits, and professional fees.

What is the process for online LLC filing in New York State?

Here’s the process: go to the New York Department of State website, select “Limited Liability Company” from the business entities menu, fill out the online form with your LLC details, and pay the $200 filing fee by credit card. If you file during business hours, you’ll get instant approval.

Is there an annual filing requirement for an LLC in New York?

Yes, New York LLCs must file a Biennial Statement every two years. The filing fee is $9. You must update your LLC’s information, including the address and registered agent details. Failure to file can result in fines or loss of good standing.

What is the cheapest method to establish an LLC in New York?

The cheapest way to form an LLC in New York is to do it yourself. File the articles of organization online for $200, write your own operating agreement, act as your own registered agent, and handle the newspaper publication requirement on your own. This approach saves on service fees but requires more time and effort.

Is there a requirement to renew an LLC annually in New York?

New York doesn’t require annual LLC renewals. You must file a Biennial Statement every two years to keep your LLC in good standing. Pay attention to the due dates for this filing and any required tax returns or license renewals to avoid penalties.

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