Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Kentucky incorporation.
The name must include the word "Corporation," "Incorporated," "Company," "Limited" or an abbreviation thereof. Use of the words "Engineer" or "Survey" requires approval by the Kentucky Board of Licensure for Professional Engineers and Land Surveyors. The name shall not contain language stating or implying the corporation is organized for a purpose other than that permitted by the act or the Articles of Incorporation. The corporate name must be distinguishable upon records of Secretary of State from the name of existing business entities filed with the Secretary of State. The corporation may use one of these names if another corporation consents in writing or in certain other enumerated cases.
The following are Kentucky’s requirements for directors of corporations:
The document required to form a corporation in Kentucky is called the Articles of Incorporation. The information required in the formation document varies by state. Kentucky's requirements include:
Some states require additional filings or steps at the time of incorporation, such as a county level filing, publishing notice of the incorporation in a local newspaper or an initial report filing. Kentucky requires the following:
Kentucky allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC).
After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Kentucky corporations.
Kentucky corporations must keep the following with their corporate records at their principal office:
The following are taxation requirements and ongoing fees for Kentucky corporations:
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
Kentucky recognizes the federal S corporation election and does not require a state-level S corporation election.
The state in which you form your company can provide certain benefits.
Start your business with confidence. We offer various incorporation packages to get your business up and running. Starting from $99 and includes 6 months FREE Registered Agent services.