New York LLC annual report and yearly fees: what is due and when

New York's yearly LLC obligations are light on paper but split between two agencies. This guide covers the Biennial Statement with the Department of State and the LLC filing fee with the tax department.

By Mirza Fahad Baig, Chartered Accountant. Reviewed by Awais Jameel, Chartered Accountant. Checked against official sources on . 2 minute read.

Short answer

New York does not have an annual report for LLCs. Instead, an LLC files a Biennial Statement every two years, in its formation anniversary month, for $9. Separately, LLCs taxed as partnerships, and disregarded single-member LLCs, with New York source income pay an annual filing fee with the Department of Taxation and Finance, from $25 upward based on that income.

At a glance

Annual report
None
Biennial Statement
$9 every two years
Due
In the anniversary month
LLC filing fee
From $25, based on New York source gross income
Filing fee return
Form IT-204-LL
Publication
One-time, within 120 days of formation
New York LLC annual report and yearly fees: what is due and whenAnnual report: None; Biennial Statement: $9 every two years; Due: In the anniversary month; LLC filing fee: From $25, based on New York source gross income; Filing fee return: Form IT-204-LL; Publication: One-time, within 120 days of formation.KEY FACTS AT A GLANCENew York LLC annual report and yearly fees: whatis due and whenAnnual reportNoneBiennial Statement$9 every two yearsDueIn the anniversary monthLLC filing feeFrom $25, based on NewYork source gross incomeFiling fee returnForm IT-204-LLPublicationOne-time, within 120 daysof formationChecked against official sourcesTax BakersNew York LLC annual report and yearly fees: what is due and whenAnnual report: None; Biennial Statement: $9 every two years; Due: In the anniversary month; LLC filing fee: From $25, based on New York source gross income; Filing fee return: Form IT-204-LL; Publication: One-time, within 120 days of formation.KEY FACTS AT A GLANCENew York LLC annual report andyearly fees: what is due and whenAnnual reportNoneBiennial Statement$9 every two yearsDueIn the anniversary monthLLC filing feeFrom $25, based on New York source grossincomeFiling fee returnForm IT-204-LLPublicationOne-time, within 120 days of formationChecked against official sourcesTax Bakers
Key facts at a glance, as set out in this guide.

What is the Biennial Statement?

A short filing with the Department of State, every two years in the calendar month the LLC was formed, confirming the address where the Secretary of State forwards legal papers. It costs $9 and can be filed online. The Department of State usually sends a reminder to the address on file.

What is the New York LLC filing fee?

LLCs taxed as partnerships, and single-member LLCs disregarded for federal tax, that have income, gain, loss or deductions from New York sources pay an annual filing fee to the Department of Taxation and Finance on Form IT-204-LL. The fee starts at $25 and rises with New York source gross income. For calendar-year LLCs it is due by March 15.

What does a New York LLC file, and when?

FilingAgencyWhenAmount
Publication and Certificate of PublicationDepartment of StateOnce, within 120 days of formation$50 plus newspaper costs
Biennial StatementDepartment of StateEvery two years, anniversary month$9
LLC filing fee, Form IT-204-LLTaxation and FinanceAnnually, March 15 for calendar yearsFrom $25, based on New York source gross income

How do you file the Biennial Statement?

  1. Check the due month

    The formation anniversary month, every second year.

  2. File online

    Through the Department of State's online filing service.

  3. Confirm the address for service

    Where legal papers should be forwarded.

  4. Pay $9

    And keep the confirmation.

What happens if you miss it?

The Department of State shows the LLC as past due on its records. That can cause problems with banks, lenders and certificates of good standing until the statement is filed. Missing the one-time publication requirement is more serious: the LLC's authority to carry on business is suspended until it complies. See how to form an LLC in New York.

What about New York City?

LLCs doing business in New York City may also owe the city's unincorporated business tax, filed separately with the city.

Want your New York filings handled?

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Questions people ask

Does a New York LLC file an annual report?

No. It files a Biennial Statement every two years for $9.

When is the New York Biennial Statement due?

Every two years in the calendar month the LLC was formed.

What is the New York LLC filing fee?

An annual fee on Form IT-204-LL for LLCs with New York source income, starting at $25 and rising with that income.

What happens if a New York LLC misses its Biennial Statement?

It shows as past due on the Department of State's records until filed.

Sources

Every fee, date and rule on this page was taken from these official and primary sources.

  1. IRS: Instructions for Form 5472 (Rev. December 2024)
  2. New York Limited Liability Company Law section 301: biennial statement
  3. New York Department of Taxation and Finance: Form IT-204-LL
  4. IRS: Employer identification number

Rules and fees change. If you are reading this long after September 30, 2026, confirm the figures with the source before you rely on them.

State LLC formationHow to form an LLC in New YorkStarting a US companyWhat is an LLC operating agreement and what should it includeDeadlines, penalties and IRS noticesUS business tax deadlines: the full calendar

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This guide is general information. It is not tax or legal advice for your situation.