Cheapest Way to complete ny’s publishing requirement for an nyc llc
Starting a Limited Liability Company in New York City?
You’re in good company. The City is home to nearly 200,000 small businesses (NYC Economic Development Corporation), and with a population over 8 million, there’s plenty of room for more.
Unfortunately, New York State won’t make it easy for you. The Division of Corporations has some outdated requirements for getting LLCs up and running, which (surprise, surprise) often ends up being super expensive for LLCs in NYC.
But it doesn’t have to be that way. We’ll show you how you can save hundreds of dollars on start-up fees with a registered agent in Albany.
Eager to learn more?
Here’s all you need to know about New York’s outdated and ridiculously expensive Publication Requirement:
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If you are in NYC and want to avoid the high cost
of forming in the city these guys are it.
– Anthony D., Google Review
High cost of starting an LLC in NYC
If you live in New York City, you already know: the City is d**n expensive. So it probably comes as no surprise that starting an LLC in one of the five boroughs will cost you more than anywhere else in the state.
Why? One big reason: New York’s Publication Requirement.
As if it isn’t enough that rents are sky high and getting anywhere efficiently is impossible means hiring a car, the state’s Publication Requirement often costs NYC businesses over $1,000.
Break Down of Publication Costs in New York
Part of starting a New York LLC means publishing a notice of formation in two newspapers in your county. Here’s how publishing costs differ by county:
Location of Your LLC (County) | Cost to Publish (max.)* |
Suffolk | $550 |
Richmond | $900 |
Kings | $1,100 |
Bronx | $1,400 |
New York | $1,500 |
*These are estimated costs and are subject to change.
You won’t be able to get out of the state’s Publication Requirement. However, there is a way to avoid paying the City’s steep fees.
How to Avoid NYC’s LLC Publication Fees
Easy – get a New York Registered Agent based in Albany County.
When we’re your registered agent, you can use our Albany address on your formation papers. This means you’ll also publish your notice of formation here in Albany County, where publishing fees are a fraction of the cost to publish in NYC. Take a look:
New York County | Albany County | |
Publishing Cost: | $850 – $1,500 | $150 |
Savings: | – $1,350 | + $1,350 |
As registered agents that live and work here in Albany, we have first-hand experience with these cost savings. And one of our goals as a company is to pass that savings onto YOU and other small business owners.
Here’s How It Works:
We can help you base your business in Albany in one of three ways:
1. Registered Agent Service
Hire us to be your registered agent, and you can update your business address with the state to reflect our address here in Albany County. When your publicly listed address is in Albany, you’ll be able to pay the publishing fees for Albany County. Or, better yet, you can hire us to do that, too!
2. LLC Formation Service
If you haven’t formed your LLC yet (and don’t really want to), don’t worry—we’ve got you. We’ll not only form your LLC, we’ll act as your registered agent and take care of your Publication Requirement for you. Win-win-win!
3. Get a Business Address in Albany
Our Mail Forwarding or Virtual Office package gives you a business address (with your own unique suite number) at our building in Albany. This not only grounds your LLC here so you can save money on publishing costs, if gives you a mailing address and—if you opt for our $19/month Virtual Office package—all the benefits of a regular office, without the extraordinarily high price tag.
More Ways to Save Money for Your LLC in NYC
Depending on the type of business you own in the City, you could be facing a multitude of extra fees. Here are some ways to keep your money in your own pocket and avoid the following:
- Business Fines: Business owners in NYC could be fined for a variety of infractions, from improper signage to noise violations. See our page on how to Avoid Expensive Business Fines in NYC.
- Home Occupancy Fines: Working out of your own home is a smart financial decision… that could cost you thousands of dollars if not done properly. Seriously. NYC’s Planning Department has rules that govern how you work out of your own home (Zoning Resolution §12-10—the nerve! Check out our page all about how to Run Your Business from Your Home in NYC.
- Rental Property Fines: NYC is extra litigious when it comes to using property as a short-term rental, as with Airbnb. But don’t worry, we’ve done our homework: read all about the Requirements for Rental Properties in NYC so you can avoid the city’s hefty fines.
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I’m in NYC so the cost savings for starting up the LLC was huge.
– Anthony B., Google Review
Starting a Business in the City is Hard…
Let Us Make it Easy for You
Form your LLC with New York Registered Agent and
save hours of time and hundreds of dollars in publishing fees.