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In New York State, starting an LLC is simple with a few documents, a waiting period, and paying state filing fees. Forming an entity like an LLC is important to protect your small business and personal assets. A Limited Liability Company (LLC) is a business structure whose owners are called “members.” The LLC can be organized for any legal business purpose. The filing process varies by state, so understanding the LLC formation requirements specific to New York will help streamline your process.
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💡 How to Start an LLC in Delaware: A Step-by-Step Instructions: [ Ссылка ]
💡 How to Form an LLC in Texas: A Step-by-Step Instructions: [ Ссылка ]
💡 How-to guides for starting your own company: [ Ссылка ]-


As you prepare to form your LLC in New York, you need to understand the pros and cons. Here’s a quick summary.
👌 The good:
- LLC members can form an LLC in about 30 minutes with the New York Department of State.
- Minimum compliance requirements
- Personal assets are protected from losses and legal action
- Pass-through tax treatment of profits and losses
👎 The bad:
- Investors frown on LLCs because of acquisition complexities
- Owners must be diligent in not commingling business and personal funds
- Members pay self-employment taxes
- Publishing rates in New York City are much higher than in neighboring cities.

If you want to learn more, we have how - to guides for starting and running your own company on our website ww.simplifyLLC.com.

SimplifyLLC is an independent publication that provides free guides for small business owners.
If you’re looking for business ideas and do-it-yourself guides on forming and operating an LLC, then SimplifyLLC is your go-to resource for simple, legal jargon-free information.
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