business
Am I required to register as a foreign LLC in New York State?
<p>I live in New York State. I have created an LLC in Wyoming. The "Principal Office Address" for the LLC is listed as my registered agent's address in Wyoming. The "Mailing Address" for the LLC is listed as my home address in New York State.</p>

<p>The LLC does not have any employees or office space. The LLC only exists to license intellectual property to a manufacturer.</p>

<p>I will be opening a bank account for the LLC at a Chase Bank in my local town in New York State. I will be receiving royalty checks from the manufacturer, and depositing them into this Chase bank account.</p>

<p>Do I need to register as a foreign LLC in New York State? If so, why?</p>

<p>Maintaining a bank account in NY does not constitute "doing business" for a foreign LLC:</p>

<blockquote>
  <p>(a) Without excluding other activities that may not constitute doing business in this state, a foreign limited liability company shall not be considered to be doing business in this state for the purposes of this chapter, by reason of carrying on in this state any one or more of the following activities:<br>
  ...<br>
  (3) maintaining bank accounts;</p>
  
  <p>(NY LLC law section 803)</p>
</blockquote>
