How Do I Start an LLC in Kentucky?

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Steps to Start an LLC in Kentucky:

  1. Pick a business name

  2. Choose a registered agent

  3. File your Articles of Organization with the Kentucky Secretary of State

  4. Create an operating agreement

  5. Get an EIN

  6. Register for Limited Liability Entity Tax

LLC Structure Options:

  • Single-member LLC: Owned by one person
  • Multi-member LLC: Owned by multiple members
  • L3C: Focuses on a business cause over earnings

LLC Formation Cost and Requirements:

  • Costs include a $40 filing fee and $15 annual report fee.
  • An EIN is required to open a bank account and file taxes.

Benefits of LLCs and Corporations:

  • LLCs offer personal asset protection and tax options.
  • Corporations provide personal liability protection with separate debts and taxes.

Articles of Organization Preparation:

To prepare articles of organization, you’ll usually need:

  • Your LLC name and address
  • The name and address of your registered agent
  • The mailing address of the LLC’s office
  • An LLC’s duration over which it will exist.

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