New York LLC or Wyoming LLC?
If you run your business in New York, here's what each route costs in state fees.
The short answer
For a business that operates in New York, forming in Wyoming costs about $390 more over five years in state fees alone — before paying for a registered agent in Wyoming.
Form in New York
New York
Articles of Organization (DOS-1336)$200
Newspaper publication requirement$900
Biennial Statement$9 / 2 yrs
LLC annual filing fee (Form IT-204-LL)$25 / yr
Year one$1,125
Each year after$29.50
5-year total$1,243
Form in Wyoming, register in New York
Wyoming
Articles of Organization$100
Annual Report (with license tax; see state_taxes)$0
Annual report license tax$60 / yr
New York (foreign registration)
Application for Authority (Foreign LLC)$250
Newspaper publication requirement$900
Biennial Statement$9 / 2 yrs
LLC annual filing fee (Form IT-204-LL)$25 / yr
Year one$1,275
Each year after$89.50
5-year total$1,633
What the fees don't show
- Forming in Wyoming while operating in New York means two sets of reports and two sets of deadlines, adding about $60 a year.
- You need a registered agent with a street address in Wyoming. If you don't have one there, that's a paid service every year.
- Out-of-state formation makes the most sense when you raise outside investment, operate in many states, or have a specific legal reason — not as a default.
State fees only, from each state's official fee pages. Not legal or tax advice.