Kentucky Plan of Merger between two corporations
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FAQ
What are the steps for changing an LLC name in Kentucky? Check if your new LLC name is available. File the Amendment form (and wait for approval) Update the IRS. Update the Kentucky Department of Revenue. Update financial institutions (credit card companies, banks) Update business licenses.
Form a Kentucky Corporation: Name Your Corporation. Designate a Registered Agent. Submit Articles of Incorporation. Get an EIN. Write Corporate Bylaws. Hold an Organizational Meeting. Open a Corporate Bank Account. File State Reports & Taxes.
Kentucky LLC Cost. To start an LLC in Kentucky, the state fee is $40 to file your LLC Articles of Organization online or in-person. Along with the fee you'll pay to the Secretary of State, you'll also have to pay $15 every year when you file your annual report.
Kentucky Personal Income Tax Much like the corporate tax rate, the personal income tax rate in Kentucky is a flat rate of 5%, providing the advantage of simplicity around tax time for LLCs due to their default pass-through taxation.
Once you've gathered all of your information together and filed your Articles of Organization (or had Incfile do it for you), it can take up to 3 business days for the Kentucky Secretary of State to legally form your LLC, however most are formed within the same business day.
Kentucky doesn't have a statewide business license that applies to all businesses, but certain types of businesses are required to have a special license or permit to operate legally. In some cases, more than one state license may be required.