
The Incorporation Dilemma: New York v. Delaware LLC
When conducting business in New York, operating under the umbrella of a Limited Liability Company (“L.L.C.”) can be a useful tool to limit personal liability. The two most often used states of incorporation are New York and Delaware. While Delaware is generally preferred, below are a list of factors to consider when trying to decide which option is best. Filing Fees The fee for filing the articles of organization for a New York L.L.C. is $200, while the fee for filing a certi