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LLC - Local newspaper publishing cost!

 
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AndyCosta68

posts: 178

Jun 12, 2007 4:01 PM ET    Quote  Report Abuse
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Am I missing something or after I set up my LLC I still need to pay this humongous amount of money to have it published on a local newspaper?
According to my CPA, the cost to publish in NY could reach $1,900.00!!!!

Can someone please tell me this is not true? Pinch me so I can wake up!


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Andre Costa DaCosta Chocolates, LLC www.DaCostaChocolates.com
MNGrillGuy

posts: 236

Jun 12, 2007 4:33 PM ET    Quote  Report Abuse
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I`ve never heard of such a thing.  Publsih what and why?  Seems fishy.

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Travis Tschepen
Hibachi Bros. LLC

--My goal in life is to be as good of a person my dog already thinks I am.--
AndyCosta68

posts: 178

Jun 12, 2007 4:46 PM ET    Quote  Report Abuse
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I don`t know if it is fishy, but after I spoke with him, I decided to do a little research.
This is what I found on the MyCorporation website:

SPECIAL NOTICE: New York requires that all newly filed LLCs publish notice of formation; therefore, MyCorporation fulfills this requirement at a fee of $299. PLEASE NOTE: County newspaper fees, ranging from $200-$1900, must be charged separately based on your registered agent county.

I am going to call them up, as I do not understand if on top of paying MyCorporation (for instance) the $299.00, I still need to pay the extra fee to have the formation of my LLC published on a newspaper.


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Andre Costa DaCosta Chocolates, LLC www.DaCostaChocolates.com
AndyCosta68

posts: 178

Jun 12, 2007 4:50 PM ET    Quote  Report Abuse
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Ok! I called MyCorporation and they confirmed that I need to publish the notice of formation of my LLC.
Because I am in Manhattan, the cost is the highest one - $1900.00!!! That`s absolutely insane!


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Andre Costa DaCosta Chocolates, LLC www.DaCostaChocolates.com
MNGrillGuy

posts: 236

Jun 12, 2007 5:03 PM ET    Quote  Report Abuse
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Beyond insane. 

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Travis Tschepen
Hibachi Bros. LLC

--My goal in life is to be as good of a person my dog already thinks I am.--
infinique

posts: 145

May 23, 2010 12:28 PM ET    Quote  Report Abuse
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This is utterly Daylight Robbery!! You should write in to the Governor to see how things can be improved.



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Seo Consultant | Cure Autistic Adults | Industrial For Rent | Business Park
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