Select a Name for Your LLC in Step 1 You must decide on a name for your LLC before you submit your Articles of Organization. The name must be distinct and not too similar to other registered business names in Kentucky. On the Secretary of State’s website, you can see if the name you choose is available.
Select a Registered Agent in Step 2 All Kentucky LLCs are required to choose a registered agent, who will accept official correspondence on behalf of the firm. The registered agent must be reachable to receive important documents during regular business hours and have an actual street address in Kentucky.
Step 3: Submit Your Articles of Incorporation You’re prepared to file your Article of Organization once you’ve decided on a name and selected a registered agent. You can do this via mail or online. If you file online, the cost is $40; if you file by mail, the cost is $50.
Step 4: Optionally, draft an operating agreement Kentucky does not mandate that LLCs have an operating agreement, although it is strongly advised that you do. An operating agreement spells out your company’s ownership and management structure as well as the duties and rights of each member. In the event of a lawsuit, it can also assist in preserving your own assets.
Creating a Church Corporation in Kentucky
The procedure for incorporating a church in Kentucky is comparable to that of forming an LLC. You must appoint a registered agent, submit Articles of Incorporation to the Secretary of State, and pay a filing fee. Churches, however, are free from several taxes and laws that are applicable to for-profit organizations. Kentucky’s requirements for registered agents As previously indicated, Kentucky mandates that all LLCs designate a registered agent. The registered agent must be reachable to receive important documents during regular business hours and have an actual street address in Kentucky. A registered agent service can serve as your agent if you don’t reside in Kentucky physically. How Long Does It Take in Kentucky to Form an LLC? Depending on the filing type, the processing time for Kentucky LLC filings can change. You may normally anticipate that your LLC will be approved within a few business days if you file online. The processing of a mail-in filing could take up to two weeks. The Secretary of State will issue you a Certificate of Organization once your LLC has been approved.
You should take their availability, dependability, and experience into account when selecting a registered agent for your Kentucky LLC. You may select a person who is at least 18 years old and a resident of Kentucky, as well as a company that is permitted to conduct business there. Choose a registered agent for your Kentucky LLC who is competent to accept legal paperwork on your behalf during regular business hours and has an actual street address. Use of a professional registered agent service, which can offer other advantages like mail forwarding and compliance monitoring, is something else you might want to think about.