Learn how to create an NY LLC with this video. Every state has specific requirements for how to form an LLC, and New York’s are particularly unique. Although the process may seem daunting at first, there are actually eight simple steps you can follow in order to start a New York LLC. Using our video as a reference, you’ll have your business operational in no time. For our complete guide on starting an NY LLC, visit: http://bit.ly/330yiYC

Our video covers:

Step 1: Choosing a name (0:34)

You’ll need to choose a business name for your LLC that hasn’t been claimed by other business entities. There are also other naming requirements that you’ll need to comply with.

Step 2: Providing an address to receive official mail (2:00)

The New York Department of State is your LLC’s registered agent by default and will forward official mail to your business’s primary address.

Step 3: Filing your Articles of Organization (3:05)

The Articles of Organization, once filed and approved by the state, officially establish your NY LLC’s right to operate.

Step 4: Obtaining NY business permits (3:45)

The state of New York heavily regulates businesses, and your LLC might need to obtain a permit to legally operate.

Step 5: Publishing notice of your LLCs formation (4:36)

New York is one of a handful of states that requires new LLCs to announce their formation by publishing notice in local newspapers.

Step 6: Creating an LLC operating agreement (5:38)

New York requires LLCs to have an operating agreement that outlines the structure of the business, as well as the rights, responsibilities, and profit share of each owner.

Step 7: Keeping your NY LLC active (6:08)

To keep your NY LLC active, you need to pay taxes on time, as well as New York’s annual filing fee for LLCs. You should take other steps to separate your business finances.

Step 8: Complying with federal requirements (6:59)

Finally, ensure that your LLC complies with federal requirements, such as obtaining an employer identification number (EIN) if you employ workers.

You can file your NY LLC for free (pay just state filing fees) using IncFile: http://bit.ly/331pHEP

In this video, we provide a basic overview on forming an LLC in New York. This video is not intended to provide legal advice or to form a professional relationship. We suggest contacting a business lawyer for advice specific to your circumstances.

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