What are the annual requirements to stay in goodstanding?
An LLC that elects to be taxed as a partnerhip and has New York members must file state and federal partnership returns, and pay an armual fee of $50 per member, with a $325 minimum. An LLC with US members but no New York members must file a New York partnership but pays no annual fee. A single member LLC that elects to be treated as a sole proprietorship, and an LLC with no New York or US-resident members, and no New York source or US source income, pays no annual fee and files no returns.
An LLC that elects to be taxed as a partnerhip and has New York members must file state and federal partnership returns, and pay an armual fee of $100 per member, with a $325 minimum. An LLC with US members but no New York members must file a New York partnership but pays no annual fee. A single member LLC that elects to be treated as a sole proprietorship, and an LLC with no New York or US-resident members, and no New York source or US source income, pays no annual fee and files no returns.
