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There are specific steps you need to take to transfer ownership of an LLC in Kentucky. Learn what forms to file, steps to take, and more. A limited liability company (LLC) is a unique business structure that offers many advantages for business owners.
Kentucky LLCs taxed as S-corp By filing Form 2553, you can apply to have your Kentucky LLC taxed as an S-corp. LLCs and corporations can both choose S-corp status, but your LLC must be approved by the IRS before qualifying.
Name Your Kentucky LLC. Find a Kentucky Registered Agent. File Articles of Organization. Learn More About Online LLC Formation Services. Create an Operating Agreement. Register With the Necessary Tax Authorities. Fulfill Your Ongoing Obligations.
To amend your Kentucky LLC Articles of Organization you submit form Articles of Amendment to the Kentucky Secretary of State (SOS). The form is available in your online account once you sign up with Northwest. You can also find the amendment form on the SOS website.
You can make changes to your business' name by filing Articles of Amendment with the Secretary of State.
Who needs to register their business? In most cases, all businesses in Kentucky are required by law to register with the Office of the Secretary of the State, the Department of Revenue, the Office of Employment Training, the Internal Revenue Service and with local municipalities to obtain business licenses and permits.
Follow these 5 steps: Check your operating agreement. If you have an operating agreement, check the procedure for removing a member. ... Default Kentucky provisions. ... File Annual report. ... Inform IRS. ... Update your operating agreement.
Kentucky follows a bicameral form of government consisting of a Senate and a House of Represen- tatives. Legislators are elected by the citizens of their designated legislative area?district?to be their voice in government.