LLC costs / Colorado / New York

Colorado vs New York LLC

Colorado is cheaper to form by $150. Over five years, Colorado costs $47.50 less in state fees.

ColoradoNew York
Formation fee$50$200
Recurring fee$25 a year$9 every 2 years
State fees over 5 years$175$222.50
Register an out-of-state LLC$100$250
Newspaper publication requiredNoYes
New LLCs per week (avg)3,1373,770
Domestic LLCs with an out-of-state address6%–
Still active 12–24 months after forming54%–
Formation to public record, median (proxy)1 day1 day

Weekly averages cover the last 52 weeks both states have data for. "–" means the state's registry data can't support that number; see methodology.

New LLCs per week

New Colorado LLCs per weekOct 27: 2,788; Nov 3: 2,883; Nov 10: 2,818; Nov 17: 2,939; Nov 24: 2,027; Dec 1: 2,763; Dec 8: 2,649; Dec 15: 2,728; Dec 22: 1,790; Dec 29: 3,396; Jan 5: 3,607; Jan 12: 3,286; Jan 19: 3,215; Jan 26: 3,264; Feb 2: 3,217; Feb 9: 2,869; Feb 16: 3,183; Feb 23: 3,721; Mar 2: 3,611; Mar 9: 3,641; Mar 16: 3,243; Mar 23: 3,437; Mar 30: 3,460; Apr 6: 3,709; Apr 13: 4,066; Apr 20: 3,698; Apr 27: 3,499; May 4: 3,259; May 11: 4,119; May 18: 4,030; May 25: 3,145; Jun 1: 3,090; Jun 8: 3,392; Jun 15: 3,087; Jun 22: 3,012; Jun 29: 2,649; Jul 6: 2,960; Jul 13: 2,998; Jul 20: 3,022; Jul 27: 3,071; Aug 3: 2,868; Aug 10: 3,422; Aug 17: 2,887; Aug 24: 3,502; Aug 31: 2,860; Sep 7: 2,970; Sep 14: 2,833; Sep 21: 2,923; Sep 28: 2,914; Oct 5: 2,856; Oct 12: 2,794; Oct 19: 2,95902.5k5kOct 27: 2,788Nov 3: 2,883Nov 10: 2,818Nov 17: 2,939Nov 24: 2,027Dec 1: 2,763Dec 8: 2,649Dec 15: 2,728Dec 22: 1,790Dec 29: 3,396Jan 5: 3,607Jan 12: 3,286Jan 19: 3,215Jan 26: 3,264Feb 2: 3,217Feb 9: 2,869Feb 16: 3,183Feb 23: 3,721Mar 2: 3,611Mar 9: 3,641Mar 16: 3,243Mar 23: 3,437Mar 30: 3,460Apr 6: 3,709Apr 13: 4,066Apr 20: 3,698Apr 27: 3,499May 4: 3,259May 11: 4,119May 18: 4,030May 25: 3,145Jun 1: 3,090Jun 8: 3,392Jun 15: 3,087Jun 22: 3,012Jun 29: 2,649Jul 6: 2,960Jul 13: 2,998Jul 20: 3,022Jul 27: 3,071Aug 3: 2,868Aug 10: 3,422Aug 17: 2,887Aug 24: 3,502Aug 31: 2,860Sep 7: 2,970Sep 14: 2,833Sep 21: 2,923Sep 28: 2,914Oct 5: 2,856Oct 12: 2,794Oct 19: 2,959Oct 27Apr 20Oct 19
ColoradoData from RecordWire
New New York LLCs per weekOct 27: 3,535; Nov 3: 3,551; Nov 10: 3,641; Nov 17: 3,669; Nov 24: 2,534; Dec 1: 3,681; Dec 8: 3,602; Dec 15: 3,577; Dec 22: 2,384; Dec 29: 3,052; Jan 5: 4,313; Jan 12: 4,150; Jan 19: 3,968; Jan 26: 3,777; Feb 2: 3,931; Feb 9: 3,956; Feb 16: 3,688; Feb 23: 3,903; Mar 2: 4,164; Mar 9: 4,296; Mar 16: 4,402; Mar 23: 4,167; Mar 30: 3,932; Apr 6: 3,641; Apr 13: 3,931; Apr 20: 4,468; Apr 27: 4,327; May 4: 4,042; May 11: 4,285; May 18: 3,814; May 25: 3,433; Jun 1: 4,330; Jun 8: 3,865; Jun 15: 3,617; Jun 22: 3,757; Jun 29: 3,083; Jul 6: 3,682; Jul 13: 3,734; Jul 20: 3,751; Jul 27: 3,735; Aug 3: 3,760; Aug 10: 3,716; Aug 17: 3,749; Aug 24: 3,750; Aug 31: 3,886; Sep 7: 3,235; Sep 14: 3,777; Sep 21: 3,667; Sep 28: 3,581; Oct 5: 3,756; Oct 12: 3,857; Oct 19: 3,96302.5k5kOct 27: 3,535Nov 3: 3,551Nov 10: 3,641Nov 17: 3,669Nov 24: 2,534Dec 1: 3,681Dec 8: 3,602Dec 15: 3,577Dec 22: 2,384Dec 29: 3,052Jan 5: 4,313Jan 12: 4,150Jan 19: 3,968Jan 26: 3,777Feb 2: 3,931Feb 9: 3,956Feb 16: 3,688Feb 23: 3,903Mar 2: 4,164Mar 9: 4,296Mar 16: 4,402Mar 23: 4,167Mar 30: 3,932Apr 6: 3,641Apr 13: 3,931Apr 20: 4,468Apr 27: 4,327May 4: 4,042May 11: 4,285May 18: 3,814May 25: 3,433Jun 1: 4,330Jun 8: 3,865Jun 15: 3,617Jun 22: 3,757Jun 29: 3,083Jul 6: 3,682Jul 13: 3,734Jul 20: 3,751Jul 27: 3,735Aug 3: 3,760Aug 10: 3,716Aug 17: 3,749Aug 24: 3,750Aug 31: 3,886Sep 7: 3,235Sep 14: 3,777Sep 21: 3,667Sep 28: 3,581Oct 5: 3,756Oct 12: 3,857Oct 19: 3,963Oct 27Apr 20Oct 19
New YorkData from RecordWire

The usual rule: form the LLC in the state where the business operates. Forming elsewhere means registering as a foreign LLC at home too, and paying both states' fees ($100 in Colorado, $250 in New York).

Sources: Colorado fee schedule · New York fee schedule · filing data from RecordWire