The following information is provided for educational purposes only and in no way constitutes
legal, tax, or financial advice.
For legal, tax, or financial advice specific to your business needs, we encourage you to
consult with a licensed attorney and/or CPA in your State.
The following information is copyright protected.
No part of this Lesson may be redistributed, copied, modified or adapted without prior
written consent of the author.
A Limited Liability Company (abbreviated "LLC") is a hybrid between a Corporation and a Partnership.
An LLC protects your assets in the event of a lawsuit.
In order to form your LLC, you must file LLC Formation Documents and pay the State filing
fee.
Once your documents are approved, your LLC is now in existence and authorized to do business
in the State.
Before completing your LLC Formation Documents, please make sure to have watched the first
2 Lessons.
Your desired LLC name must be available for use before you proceed.
And, make sure you have determined what address you will use your LLC Formation Documents
and in what county you will publish your newspaper ads.
Now, let's discuss your LLC Formation Documents.
The name of the LLC Formation Document for the State of New York is called the Articles
of Organization.
This document is not complicated and it contains basic information, including your LLC's name,
your LLC's office address, and the county where your LLC's office is located.
If you chose to hire a Registered Agent, you will also list their address in your Articles
of Organization.
We will walk you through the details of the Articles of Organization in just a couple
minutes and we'll make sure that you get it filled out correctly.
There are 2 ways you can file your Articles of Organization with the State.
You can file by mail, or you can file online.
If you file by mail, you will print out your Articles of Organization and then mail them
to the State along with a check or money order to pay the filing fee.
If you file online, you will fill out your Articles of Organization on the State's website
and then pay the filing fee with a debit or credit card.
The State charges a one-time fee in order to form your LLC.
You will find this filing fee amount listed below this video.
Once you submit your Articles of Organization along with the filing fee, the State will
review and process your documents.
If there are any issues with your filing, the State will contact you and tell you what
corrections need to be made.
If you filed by mail and there are no issues, your LLC will be approved in 1-2 weeks.
If you filed online and there are no issues, your LLC will be approved within a few minutes.
Either way, you will receive a Filing Receipt back from the State once your LLC is approved.
This confirms your LLC is now a legally formed business in the State of New York.
Your Filing Receipt will contain your LLC's name, the date filed, and your Department
of State ID Number (also known as your DOS ID Number).
Your DOS ID Number is unique to your LLC and you will use it when dealing with the State.
New York does not issue duplicate Filing Receipts, so it's very important to make a photocopy,
or 2, and keep the photocopy with your business records.
Below this video, there are 2 additional video tutorials which will give you a complete walk-through
of filing your Articles of Organization.
There's 1 video for filing by mail and 1 for filing online.
The filing fee amount is the same for either option.
The only difference is the method of payment and the approval time.
Again, if you followed by mail, you'll pay the State filing fee with a check or money
order, and your LLC will be approved in 1-2 weeks.
If you file online, you'll pay the State filing fee with a debit or credit card, and your
LLC will be approved within a few minutes.
You're now ready for the next step.
Please proceed with 1 of the videos below.