Be ready to file New York’s Biennial Statement

Every two years, each domestic or foreign corporation or limited liability company registered with the New York State Department of State must file an informational Biennial Statement and pay a $9 fee. Often, corporations and limited liability companies will become aware of this filing requirement through a third-party notice offering to file the Biennial Statement on behalf of the company, or through an email sent to the company directly from the department. 

In the Biennial Statement for corporations, the entity must update and disclose:

1. The name and business address of its chief executive officer

2. The street address of its principal executive office

3. The address to which the New York Secretary of State shall forward copies of process accepted on the corporation’s behalf 

The Biennial Statement for limited liability companies requires just the address for forwarding copies of process accepted on the entity’s behalf.

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