It is not necessary by law in Kentucky to register a DBA (Doing Business As). However, a company can submit a “Certificate of Assumed Name” to the Secretary of State if it intends to operate under a name other than its legal name, the name of its LLC, or the name of its corporation. As a result of this voluntary registration, a company is now free to adopt a different name for branding or marketing initiatives. A Certificate of Assumed Name must be filed in Kentucky for a $20 filing fee.
For taxation reasons, LLCs in Kentucky are regarded as pass-through entities. This indicates that the LLC does not pay taxes on its own. Instead, the LLC’s gains and losses are distributed to each individual member, who then reports them on their individual tax returns. There is no specific LLC tax in Kentucky. Do they Charge a Franchise Tax in Kentucky?
Yes, there is a franchise tax in Kentucky. The value of the company’s physical property located in the state is used to determine the franchise tax, which is a fee for having a business in Kentucky. For every $1,000 of tangible property worth, there is a $1.50 tax. In Kentucky, the franchise tax threshold is $175.
What Should I Look for in a Registered Agent? A person or organization designated to accept legal documents on behalf of a business is known as a registered agent. In order to receive legal documents, a registered agent in Kentucky must have a physical address there and be accessible during regular business hours. Find a registered agent who is trustworthy and available while making your selection. To make sure that they always have someone ready to receive legal paperwork, many firms decide to use a registered agent service. Is a PO Box Acceptable for an LLC in Kentucky?
No, in Kentucky, an LLC cannot use a PO Box. A physical address in the state where they can receive legal documents is required for a registered agent. This might either be the physical location of the company or the location of a registered agent service. However, the registered agent’s address cannot be a PO Box.
Yes, an LLC operating agreement is necessary in Kentucky. Although filing the agreement with the state is not required, it is strongly advised that LLCs have one in place to set the policies and procedures of the business. The operating agreement should detail the management structure of the LLC, member rights and obligations, and the distribution of profits and losses.
Sorry, but the query concerning “employer Kein” doesn’t seem to have anything to do with the question “Do You Have to Register a DBA in Kentucky?”