One of the most crucial procedures in establishing a limited liability corporation (LLC) in Kentucky is submitting your articles of organization to the secretary of state. Thankfully, this procedure can now be finished online. Here is a step-by-step manual to assist you in completing the procedure and starting your business.
Select a Name for Your LLC in Step 1 You must select a name for your LLC that complies with Kentucky’s naming regulations before submitting your articles of organization. Your company name must include the words “Limited Liability Company” or an acronym like “LLC,” and it must be distinct from the names of other firms registered in the state.
Step 2: Register for a Kentucky Secretary of State account You must register for an account with the Kentucky Secretary of State in order to submit your articles of organization online. Your name, address, and email are required, along with some basic information about you and your company.
Step 3: Complete the articles of incorporation form You can start filling out the Articles of Organization form after creating an account. Your LLC’s name, address, and the names and addresses of its members are all requested on this form. The name and address of your registered agent, who will accept legal paperwork on your company’s behalf, must also be provided.
Step 4: Submit Your Organization’s Articles and Pay the Filing Fee After completing the form, you must pay the filing cost and submit it online. The cost to file articles of organization in Kentucky is $40 as of 2021. Your LLC will be formally registered with the state once you have completed the necessary paperwork and paid the required fee. In Kentucky, you can dissolve an LLC or S corporation. Articles of Dissolution must be filed with the Secretary of State if you need to dissolve your LLC or S corporation in Kentucky. On the website of the Secretary of State, this is also possible. Business in Kentucky: A Guide
Finally, it’s critical to comprehend what “doing business” in Kentucky entails. A company is deemed to be “doing business” in Kentucky in accordance with state law if it has a physical presence there, such as a storefront or office, or if it makes money from sources within the state. If your company falls under this description, you must register with the state and acquire all essential licenses and permits before you can start doing business.