Forming a Limited Liability Company (LLC) in Kentucky is popular due to benefits such as limited liability protection for owners and flexible management. One critical step is filing the Articles of Organization with the Secretary of State. A physical address is necessary for LLCs in Kentucky for legal and financial transactions and lends a professional appearance.
Address Requirements for Kentucky LLCs
When registering an LLC in Kentucky, a physical address is required and a PO box will not be accepted for the Articles of Organization. If you don’t have a suitable physical address, registered agent services can provide one and accept documents on your behalf.
Kentucky law does not allow LLCs or corporations to use a PO Box as the physical business address. Instead, you must ask the postal service for a physical address or use a registered agent’s physical address listed on your business license.
Key Steps and Costs to Start an LLC
- Choose a name for your LLC, ensuring it meets Kentucky’s naming requirements and check availability.
- Appoint a registered agent with a physical address in Kentucky.
- File the Articles of Organization and pay the filing fee, which is $40 as of 2023.
Registering with the Department of Revenue
If your LLC is subject to sales and use tax, it must register with the Department of Revenue. This is necessary whether you sell products online or in a physical location in Kentucky.
Comprehensive Support for Startups
To support new entrepreneurs, resources such as a list of the best LLC formation services in Kentucky are available. These services can help with business formation and other requirements.
Kentucky saw a 21% increase in new businesses in 2021, making it an opportune time to start your own LLC. Our guide simplifies the requirements and the process of establishing an LLC in the state.
After Filing an LLC in Kentucky
After filing with the Secretary of State and setting up an operating agreement, the next steps involve preparing to operate legally in Kentucky, such as applying for an EIN.
Kentucky provides an inexpensive and straightforward environment to set up an LLC, with the advantage of affordable formation costs and minimal legal requirements.
Understanding Business Addresses for LLCs
You can use a PO Box as a business address provided you have a physical street address for legal purposes. However, a PO Box cannot serve as your LLC’s official physical address. There are alternative services that offer multiple benefits over a PO Box, such as automation and a professional appearance.
Remember that using a PO Box has legal limits and you must be aware of the implications associated with it. If you’re unsure, it’s worth exploring the legalities of using a PO Box for your LLC.