Forming an LLC in Kentucky
Picking a business structure is one of the first, and perhaps most important, decisions you'll need to make when starting a new business. This decision will affect how the business -- and you as the owner -- are taxed, your degree of personal liability, and the steps it will take to start your company. For example, if you pick a limited liability company as your business structure, you'll need to file articles of organization with the appropriate state government agency.
Articles of Organization in Kentucky
In order to start an LLC in Kentucky, you'll need to file articles of organization with the Kentucky Secretary of State. The articles must include:
- The LLC's name and address;
- The effective date of the LLC;
- If the LLC will be controlled by managers or its members; and
- The name and address of the LLC's registered agent.
The registered agent is the person or entity that will accept legal papers on behalf of the LLC in the event that it's sued. The registered agent can be an individual who lives in Kentucky, a domestic company, or a foreign company that's authorized to do business in the state.
For your convenience, FindLaw offers all of the necessary forms to start an LLC in the state with its Kentucky LLC Formation Package.
Forming an LLC in Kentucky at a Glance
In the following chart, you can find an overview of the steps required to form a Kentucky LLC. You can also find links to relevant statute(s) and government agencies. Please remember that while this chart provides a basic overview of forming an LLC in Kentucky, it's important to also read the statutes for yourself.
Kentucky Revised Statutes:
|Step-by-Step Process of Forming an LLC||
In order to form an LLC in Kentucky, you'll need to take the following steps:
*Additionally, "limited" may be abbreviated to "Ltd." and "company" may be abbreviated to "Co."
|State Agency in Charge of LLC Formation||
The Kentucky Secretary of State is the government agency in charge of business organizations in the state.
Kentucky Revised Statutes, Title XXIII. Private Corporations and Associations
Note: State laws are always subject to change through the passage of new legislation, rulings in the higher courts (including federal decisions), ballot initiatives, and other means. While we strive to provide the most current information available, please consult an attorney or conduct your own legal research to verify the state law(s) you are researching.
Forming an LLC in Kentucky: Related Resources
For more information and resources related to this topic, please visit the links listed below.
Get Legal Help to Start Your Kentucky LLC
Even though the information and links above provide a clear guide to forming an LLC in Kentucky, it's always a good idea to have the help of a legal professional. If you have any questions, or simply want some guidance in starting your LLC in Kentucky, it's best to speak with an experienced business organizations attorney near you.
Next Steps: Search for a Local Attorney
Contact a qualified attorney.