Does a NY LLC need a NY address?

Provide an Official Business Address for Your NY LLC Every New York LLC must have a designated street address. The address can be outside the state of New York, but it cannot be a P.O. Box.

Can you use PO Box for Delaware LLC?

PO Boxes are not allowed to be used. Your Delaware Registered Agent must also be available during normal business hours (9am – 5pm) in case Service of Process arrives. Service of Process for an LLC includes delivery of documents such as complaints, summons, and/or subpoenas (and they may need to be signed for).

Can I be my own registered agent in New York?

In New York, the Secretary of State acts as the statutory agent for service of process (registered agent) by default. You can also choose to elect your own registered agent for your New York LLC.

Can you be your own registered agent in NY?

You can choose to act as your own NY Registered Agent for your New York S Corp or C Corp. The Registered Agent must have a physical street address in New York. Some people establish corporations outside of New York and will need to use a Registered Agent service to provide the address.

Can a Delaware LLC be registered in New York?

Yes, you could form an LLC in Delaware, but you could also be fined and requested to register your Delaware LLC as a Foreign LLC in New York… this will certainly be more expensive. So although cheaper states may seem cheaper on the onset, they could end up being more expensive, and worse, a much larger headache.

What are the advantages of forming a Delaware LLC?

With minimal startup requirements, simple maintenance and the ability for members to establish their own company structures and rules, the advantages to forming a Delaware LLC are clear. The Delaware LLC is the most flexible type of business entity offered by any state or country in the world.

How is a LLC treated in New York?

A single-member LLC (SMLLC) that is treated as a disregarded entity for federal income tax purposes will be treated as a disregarded entity for New York tax purposes. If the SMLLC is disregarded and the single member is an individual, the SMLLC will be treated as a sole proprietorship for New York tax purposes.

When do you have to pay taxes on a Delaware LLC?

The annual Delaware LLC tax is due by June 1 each year. You can file online on the DE Division of Corporations website. The Division of Corporations charges $200 for nonpayment or late payments. Interest accrues at 1.5 percent per month on the tax and late fee payment.