Why New York?
New York requires LLCs to publish a notice of formation in two local newspapers — a one-time cost that can reach $1,000–$2,000 depending on the county. Non-residents can form a New York LLC without any US address, SSN, or physical presence. Edeal handles the registered agent requirement and the entire filing process.
Most non-residents registering a US LLC choose Wyoming ($100 filing fee, $60/year) or Delaware (investor-friendly). New York makes the most sense when you have real operations, clients, or a team in New York — the publication requirement makes it expensive otherwise.
State Fees
These are government fees paid to the State of New York — not Edeal's service fee. Edeal registers your LLC for $1 + state fees.
LLC Formation
- Filing fee: $200 — one-time, paid to the New York Secretary of State
- Annual fee: $9/yr — biennial report, paid to the State of New York to keep your LLC in good standing
- Registered Agent: required by law — Edeal provides a registered agent as part of its service
All fees are set by the State of New York and publicly available from the New York Secretary of State's office.
Who New York Is Right For
- Businesses with a physical presence in New York — an office, employees, or significant sales in the state make registering here logical
- Finance, media, and fashion companies based in NYC — proximity to Wall Street and major employers justifies the cost
- Startups operating inside the NYC tech ecosystem — access to capital, talent, and partners in one of the world's leading business hubs
Who New York Is Not the Best Fit For
- Freelancers and remote businesses without New York ties — Wyoming or Delaware are usually more cost-effective
- Non-residents with no nexus in the state — the $1,000–$2,000 publication requirement makes the total cost hard to justify
- Anyone unsure where their nexus is — see how to choose a state before filing
If you are unsure which state fits your situation, Edeal can help you compare before you register.
For Non-Residents: What to Consider in New York
Citizenship and place of residence do not stop you from owning a New York LLC — a non-resident can be the sole member. But a few points matter more than the filing fee itself:
- Nexus and foreign registration. If your actual operations happen in another state, you will likely have to register as a foreign LLC where you work — that means double fees. Register where you really operate.
- Registered agent is mandatory. You need an agent with a physical New York address to receive official correspondence — Edeal provides one as part of its service.
- Bank account. A US bank account typically requires an EIN; an in-person visit is usually not needed, but banks look at the company's connection to the state.
- Reporting and publication. Beyond the biennial report, a New York LLC must satisfy the newspaper publication requirement — skipping it can suspend the LLC's right to do business in the state.
FAQ
Do I need to visit New York or have a US address to register an LLC?
No. Non-residents from any country can register a New York LLC without visiting the state, without a US address, and without an SSN. The only requirement is a registered agent with a New York address — Edeal provides this.
Do I need to be a US resident to form a New York LLC?
No. A non-resident can own a New York LLC as the sole member and run it remotely. Residency and an SSN are not required to register the company.
Should a non-resident with no US business pick New York?
Usually not. With no clients, office, or team in the state, the New York costs — including the $1,000–$2,000 publication requirement — are hard to justify. For a remote business, Wyoming is cheaper and simpler.
What happens if I operate in another state with a New York LLC?
You create nexus in the state where you actually do business, and the LLC will likely need to register as a foreign company there — extra fees and reporting. Choose your state of registration based on where you really operate.
What is the annual fee for a New York LLC?
The annual government fee for a New York LLC is $9/yr (Biennial Report). This fee is paid to the State of New York to keep your LLC in good standing — it is a mandatory government fee, not an income tax rate.
Can I open a US bank account with a New York LLC?
Yes. A New York LLC formed through Edeal comes with the documentation typically required by US banks and fintechs (Mercury, Relay, Brex). Having an EIN is usually also required — Edeal can assist with that process.