ALERT [Updated Feb. 19, 2025]: Beneficial ownership reporting is back in effect with a new deadline of January 1, 2026. Companies must comply by this date or face severe penalties, including fines of $592 per day, up to two years in prison, and a $10,000 fine for willful failure to file.

Client Service Agreement & Authorization

Review this Client Service Agreement & Authorization carefully. By using NYLTA.com™, you agree to these terms, which define our role and your responsibilities under the NYLTA filing process.

Effective Date: January 1, 2026

Business Name: NYLTA.com™ (DBA of New Way Enterprise LLC)

Note: NYLTA.com™ is currently accepting pre-registrations in advance of the New York LLC Transparency Act’s effective date. This Agreement governs services that will commence on January 1, 2026, when the Act becomes operative. Any information submitted during the pre-registration phase will be securely retained and automatically applied to the client’s official filing once service operations begin.

1. Agreement to Terms

By creating an account or submitting information through the NYLTA.com™ platform, you (“Client,” “you”) agree to this Client Service Agreement & Authorization (“Agreement”). NYLTA.com™ (“Platform,” “we,” “our”) is operated by New Way Enterprise LLC, a Florida limited liability company.

Certification & Filing Acknowledgement: I understand that my filing is being prepared and recorded in advance of the official submission to the New York Department of State.

This Agreement governs your use of our software-as-a-service (SaaS) platform, which is designed to assist New York LLCs with their obligations under the New York LLC Transparency Act (NYLTA).

2. Overview of Services

NYLTA.com™ is a compliance technology platform that provides a secure, cloud-based workflow for entering, validating, and facilitating the submission of beneficial ownership information to the New York Department of State.

Our platform enables you to:

  • Input and store entity and ownership details through guided forms;

  • Generate structured compliance reports;

  • Authorize submission of required data to the New York Department of State; and

  • Receive confirmations and record keeping for your filings.

We are not a government agency and do not provide legal or tax advice. Our technology is designed to streamline compliance filings, but responsibility for accuracy of information rests with you.

3. Service Commencement

  • Pre-registration for NYLTA.com™ services is available beginning October 21, 2025, allowing clients to submit preliminary information and reserve filing slots in advance of the New York LLC Transparency Act’s effective date.

  • Formal filing and compliance services will commence on January 1, 2026, when the Act becomes operative. Information submitted during the pre-registration period will be securely retained and automatically applied to the client’s official filing once service operations begin.

4. Client Authorization

By checking the authorization box at checkout, you:

  • Confirm you are legally authorized to act on behalf of the entity;

  • Authorize NYLTA.com™ to use its technology platform to facilitate the filing of your LLC’s disclosure with the New York Department of State;

  • Consent to the payment of a flat fee of $398 per filing (state fee included); and

  • Acknowledge that submission is final and non-refundable once processed.

5. Client Responsibilities

You agree to:

  • Provide accurate and complete information through the platform;

  • Review all information prior to submission;

  • Respond promptly to any requests for clarification; and

  • Maintain compliance with all NYLTA obligations beyond the initial filing.

6. Limitations of Service

  • We cannot guarantee acceptance or turnaround times of the New York Department of State.

  • We do not correct, alter, or validate legal eligibility of your entity.

  • Platform use does not create an attorney-client or advisor relationship.

7. Refunds

Refunds are only available if requested before submission to the New York Department of State. Once data is submitted, the service is considered delivered in full.

8. Governing Law

This Agreement is governed by the laws of the State of Florida (where the platform is headquartered), without regard to conflict-of-law rules.

9. Acknowledgment

By using the NYLTA.com™ SaaS platform, you acknowledge and agree that:

  • We are an independent compliance technology provider, not the New York Department of State;

  • You retain responsibility for the accuracy of your data;

  • All services are delivered through our online software platform.

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