Learn how to set up an LLC in New York with this comprehensive step-by-step guide, designed to make the process simple and hassle-free.
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Learn how to set up an LLC in New York with this comprehensive step-by-step guide, designed to make the process simple and hassle-free.
Timestamp Section:
00:00 Intro
01:11 What is an LLC?
02:12 DIY Approach
02:43 Choosing Name for Your LLC
04:52 Choose a Registered Agent
05:23 File The Articles of Organization
08:16 Create an Operation Agreement
09:02 Apply for an EIN
09:29 Prepare To Pay The Necessary Taxes
10:59 File Biannual Statement
11:17 Alternative Way
12:26 What is Tailor Brands?
13:07 Specify Your State
13:29 Answering Pretty Simple Question
15:00 Choosing Plans
15:43 Conclusion
16:46 Outro
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Setting Up an LLC in New York: DIY Guide
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In this video, I provide a step-by-step guide on how to set up an LLC in New York. The first approach is to do everything yourself, starting with choosing a unique LLC name and ensuring it meets New York’s naming requirements. Next, appoint a registered agent who can accept legal documents on your behalf. Then, file the Articles of Organization with the New York Department of State. This document requires basic information about your business and costs $200 to file.
However, setting up an LLC in New York isn’t complete until you meet the state’s publication requirements. This means publishing a notice in two newspapers for six consecutive weeks and filing a Certificate of Publication, which can cost between $50 and several hundred dollars, depending on the county. To complete the process, you’ll also need to create an operating agreement and apply for an EIN with the IRS, which is essential for tax purposes and opening a business bank account.
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Using Tailor Brands for LLC Formation
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If handling all of the paperwork sounds overwhelming, you can opt for Tailor Brands, a business formation service that makes the process much easier. Tailor Brands offers an all-in-one platform to help you create your LLC in just a few simple steps. They take care of filing the Articles of Organization, appointing a registered agent, and ensuring you meet the publication requirements without the hassle.
Additionally, Tailor Brands provides a range of other services, such as acquiring an EIN, setting up an operating agreement, and offering compliance reminders to help you stay on top of your biannual filings. Their pricing plans are flexible, catering to different budgets and needs, and they also offer tools for branding and marketing your new business. By using Tailor Brands, you save time and avoid the common pitfalls associated with LLC formation.
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Tailor Brands Features and Benefits
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Beyond just LLC formation, Tailor Brands offers a suite of tools designed to help new businesses thrive. Their platform includes services like website creation, digital business cards, and a branding toolkit. Once you select your state and provide basic information about your business, you can choose additional services such as expedited processing or professional logo design.
Tailor Brands also offers ongoing support and compliance reminders, ensuring you don’t miss any critical deadlines. Their plans range from basic LLC formation to comprehensive packages that include marketing resources. Overall, Tailor Brands stands out as an excellent option for first-time entrepreneurs who want a fast, hassle-free way to launch their business while benefiting from professional branding solutions. If you’re interested, check out the affiliate link in the description for an exclusive discount.
Hope you enjoyed my New York LLC | How to Start an LLC in New York (Step-by-Step for Novice) Vid
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