LLC & Business Formation Services in New York City
Edward Torres CPA helps NYC entrepreneurs form LLCs, S-Corps & C-Corps — with EIN registration, operating agreements, and annual compliance. BOI reporting. Flat-rate packages. Free consultation.
40+
15,000+
100%
< 24h
What We Cover
From LLC formation and EIN registration to Operating Agreements and annual corporate transparency reporting—we handle every legal and tax requirement to get you started.
Accuracy Rate
100%
Detailed records that stand up to any review.
Partner Led
100%
Direct oversight of all tax filings.
Reporting Sync
Real-Time
Cloud-integrated updates as they happen.
Formation Process
Business Formation in NYC for Every Stage
First-Time Entrepreneurs
LLC and S-Corp registration, operating agreements, EIN filing, and entity tax election guidance for new NY businesses.
Foreign Entities Entering NY
Foreign entity qualification, NY state registration, and Corporate Transparency Act (CTA) beneficial ownership reporting.
Partnership Ventures
Custom partnership agreements, multi-member LLC structures, capital account management, and operating contracts.
Freelancers Formalizing Side Hustles
Converting informal side income into protected LLCs with S-Corp elections for maximum self-employment tax savings.
BOI Reporting — Beneficial Ownership Information
The Corporate Transparency Act (CTA) requires most LLCs, corporations, and similar entities to report their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). This is a federal requirement that took effect in 2024 — and non-compliance carries significant penalties.
Who must file: Most LLCs, C-Corps, S-Corps, and similar entities
Deadline: Within 90 days of formation for new entities; ongoing for changes
Information required: Beneficial owner names, birthdates, addresses, ID numbers
Penalties: Up to $500 per day for willful non-compliance
We Handle BOI Reporting For You
Don't navigate FinCEN's BOI reporting portal alone. We prepare and file your beneficial ownership report as part of our business formation package — or as a standalone service for existing businesses.
We identify all beneficial owners and gather required information
We prepare and file the FinCEN BOI report electronically
We track deadlines and re-file when ownership changes
One flat fee — no surprise costs
New York LLC Publication Requirement
Most newly formed New York LLCs must publish a notice of formation in two designated newspapers for six consecutive weeks. This is one of the most commonly missed post-formation requirements — and failure to comply can result in your LLC's authority being revoked by New York.
What You Need to Know
- Required for: Most NY LLCs formed after the publication rule took effect
- Newspapers: One daily and one weekly designated by the county clerk
- Duration: 6 consecutive weeks of publication
- Cost: Typically $500–$2,000+ depending on newspaper circulation
- Deadline: Within 120 days of LLC formation
- Failure to comply: NY DOS may revoke your LLC’s authority to do business
How We Help
We manage the entire publication process for our formation clients — identifying the correct newspapers, coordinating with publishers, and ensuring timely completion so your LLC stays in good standing with New York State.
We determine which newspapers are designated for your county
We coordinate directly with newspaper publishers
We obtain and file the proof of publication with the state
Included in our full LLC formation package
Form Your NYC LLC — Flat-Rate Packages
Book a free strategy session to discuss your llc & business formation services in new york city needs with our licensed CPA team.
Same-Day Response
We typically respond within 2-4 hours
No Obligation
Free consultation with zero commitment
Licensed CPA Team
30+ years serving NYC businesses
Get Your Free Quote
Tell us a bit about your needs and we'll prepare a custom proposal.
LLC & S-Corp Formation in New York — Start the Right Way
Choosing between an LLC, S-Corp, or C-Corp is critical. We guide you through the pros and cons to maximize protection and savings.
NYC Business Formation — EIN, Operating Agreements & NY Compliance
We handle everything from EIN registration to Operating Agreements and state filings, so you can focus on building your brand.
FORMATION ROADMAP
From Concept to Registered Business
Discovery
Tell us what you're building and where you need help.
Strategy Plan
We walk you through structure selection, documents, and filings.
Execution
We manage compliance and keep your business protected from day one.
The Outcome
Your Results
We don't just file forms; we build the foundation for your future success. Whether you're a startup or a freelancer, we ensure your business is structured to protect your assets and minimize your taxes from day one.
Start Your ConsultationLLC, S Corporation & C Corporation Formation
IRS EIN (Tax ID) Registration
Operating Agreements & Bylaws Drafting
Registered Agent Services & Compliance
Business Licenses & Permit Support
"We don't just file forms; we build the foundation for your future success. Whether you're a startup or a freelancer, we ensure your business is structured to protect your assets and minimize your taxes from day one."
Edward Torres, CPA
Principal CPA oversight
Choosing the right structure—LLC, S-Corp, or C-Corp—is the most critical decision you'll make. We guide you through the pros and cons of each to ensure you maximize liability protection and tax savings.
Our flat-rate packages handle everything: EIN registration, Operating Agreements, and state filings. We get you legal and compliant so you can focus on building your business.
What We Cover
Support designed for your situation
- LLC, S Corporation & C Corporation Formation
- IRS EIN (Tax ID) Registration
- Operating Agreements & Bylaws Drafting
- Registered Agent Services & Compliance
- Business Licenses & Permit Support
Local Expertise. Global Reach.
Headquartered in Forest Hills, NY 11375, we provide professional support to clients across all 50 states.
Comprehensive Support
Other Practice Specializations
Explore our complementary professional services designed to protect your wealth and streamline operations.
Fractional CFO & Business Advisory Services in New York City
Edward Torres CPA offers fractional CFO services and business advisory for NYC startups and growing companies. Financial forecasting, investor reporting, and strategic growth planning. Free consultation.
Bookkeeping & Payroll Services for NYC Small Businesses
Edward Torres CPA handles bookkeeping, payroll processing, and monthly reconciliations for NYC small businesses. QuickBooks & Xero certified. Month-end reporting included. Free consultation.
Tax Preparation Services in Queens & New York City
Edward Torres CPA prepares individual, business & complex tax returns for clients in Queens, NYC & all 50 states. CPA-reviewed filing, year-round strategy. Book a free consultation today.
Frequently Asked Questions
Direct answers on scope, timelines, support, and documentation for this service.
Should I form an LLC or S-Corp?
The best structure depends on your income level, growth plans, and tax situation. LLCs offer flexibility and simplicity. S-Corps can provide tax savings through reduced self-employment tax but have stricter requirements. We analyze your specific situation to recommend the optimal structure.
What's included in business formation?
Our formation services include entity selection consultation, state filing, EIN registration, operating agreements or bylaws, and guidance on ongoing compliance requirements. We ensure your business is set up correctly from day one.
Do I need a registered agent?
In New York, LLCs must publish a notice in newspapers, but don't require a registered agent service. Other states have different requirements. We guide you through all state-specific requirements as part of our formation services.
How much does it cost to form an LLC in New York?
New York LLC filing costs $200 to the state. However, NY requires newspaper publication which costs $800-$1,200 depending on the county. Our flat-rate formation packages start at $500 plus state fees, with transparent pricing.
How long does it take to form a business?
LLC formation in NY typically takes 1-2 weeks for state processing. Same-day filing is available for an additional fee. S-Corp election adds 2-3 weeks for IRS approval. We handle everything so you can focus on launching.
What is the difference between an LLC and a corporation?
LLCs offer pass-through taxation and flexible management. Corporations (C-Corps) allow unlimited shareholders and stock options but face double taxation. S-Corps combine corporate structure with pass-through taxation but have ownership limits. We help you choose the right entity.
Do I need an operating agreement for my LLC?
Yes, an operating agreement is essential even for single-member LLCs. It defines ownership, management, profit distribution, and what happens if a member leaves. We draft customized operating agreements as part of our formation services.
What ongoing compliance is required after formation?
New York LLCs must file a biennial statement ($9 fee) every two years. Corporations file annual reports. You'll also need to maintain corporate records, file annual tax returns, and potentially renew licenses. We offer ongoing compliance support.
Can you help convert my sole proprietorship to an LLC?
Yes, we help sole proprietors form LLCs to protect personal assets and access tax benefits. We handle the formation, EIN registration, bank account setup guidance, and transfer of business assets properly.
What is an EIN and do I need one?
An EIN (Employer Identification Number) is like a Social Security Number for your business. You need one if you have employees, operate as a corporation or partnership, or want to open a business bank account. We obtain EINs as part of our formation services.
Continue Exploring
Connect with the right ETCPA resource
Browse every tax, accounting, and advisory specialty.
QueensVisit our Forest Hills office and local service resources.
NYC NeighborhoodsFind CPA support by neighborhood and ZIP code.
InsightsRead practical tax advice and business strategy.