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Based in brooklyn. should I form an llc in ny instead of delaware?

2 pointsby samirsdabout 6 years ago

2 comments

jayessabout 6 years ago
If you form a Delaware LLC, you&#x27;ll then need to register it in NY as well, so you&#x27;ll be double paying. There&#x27;s no reason to do so.<p>A Delaware LLC will be $90 to form, plus annual $300 franchise fee, plus annual registered agent fee (probably $50-$100).<p>NY registration will be $250, plus $50 certificate of authority, plus $9 biennial fee.<p><a href="https:&#x2F;&#x2F;www.dos.ny.gov&#x2F;corps&#x2F;llccorp.html#fappauth" rel="nofollow">https:&#x2F;&#x2F;www.dos.ny.gov&#x2F;corps&#x2F;llccorp.html#fappauth</a>
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adrianmosesabout 6 years ago
If the LLC is for one person the taxes will pass right through. Either way you&#x27;ll be paying NY taxes
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