Anyone know the best way to open up an LLC in NYC for cheap? I am getting very high quotes. Would appreciate the help.
Is there a way to do the whole thing plus publication for cheap?
Obviously, if you don't feel comfortable doing it yourself you should hire someone, but I have opened up a few LLC' on my own, it's relatively simple and the application fee is only $200.
Here is the link to file the Articles of Organization Online -
https://appext20.dos.ny.gov/ecorp_public/f?p=201:17Below is the information needed to form an LLC:
1. Name of LLC (some names may be unavailable due to similarity to existing companies. Also, all names must include “LLC”, which can be with or without a comma after the entity name)
2. County where the LLC will maintain its office
3. Service of Process name and address (probably a member of the LLC unless you have a service or attorney you want to use)
4. Registered Agent name and address (same as 3, probably a member and etc.)
5. Whether the management of the LLC will be by member(s) or non-member manager(s)
6. Organizer name and address (probably a member as well)
The filing fee is $200 payable by credit card.
As far as the publication requirement goes: The right thing to do is to publish of course although it's not clear what happens if you don't. Read the articles below for more info on publishing and what happens if you don't.
http://www.newyorksmallbusinesslaw.com/new_york_small_business_l/2007/01/taking_care_of_.htmlhttps://eminutes.com/what-happens-if-you-ignore-new-york%E2%80%99s-llc-publication-requirement