| KENTUCKY |
| Name |
Must contain words Incorporated, Corporation, Company, Inc., Corp., Co., Limited Liability Company, Limited Company, Limited, Ltd., LLC or LC. Fee for Fictitious name is $20. |
| Information about Directors and Officers |
Company must have at least one Director. No age or residence requirement. One director can hold all officer positions. It is not required to list Directors and Officers in the Articles of Incorporation. |
| Requirements for address |
Home address can be considered as company address. P.O. Box is not admissible. |
| Registered Agent |
Registered Agent is required if you do not live or have an office in Kentucky. Otherwise, you can be your Own Registered Agent. |
| Shares/Stock information |
You can authorize up to 1,000 shares of stock for the minimum incorporation tax of $ 10. Authorize more, and tax will increase 1 cent per share in excess of 1,000. |
| Annual statement |
It is required to file with the Secretary of State by the last day of June annually, setting forth the Corporation's name, the State where it is incorporated, the address of the registered office of the Corporation, the Registered Agent's name, and the names and business addresses of directors and principal officers. The fee is $15. |
| State fees |
$40 plus $10 minimum Incorporation tax. |
| Income tax rate |
4% of the first $25,000 of taxable net income, 5% of the next $25,000, 6% of the next $50,000, 7% on the next $150,000 and 8,25% of all income over $250,000. |
| Franchise tax |
No franchise tax. |
| S Corporations |
Status is recognized by the State. Separate State election from the federal election is not required. |
| License requirements |
Certain types of business must obtain a license and pay a fee if operating in the State. Check with the State to make sure your business is complying with the license requirements for your particular profession. |
| Corporate records |
The Articles of Incorporation, the Bylaws, the meeting minutes of shareholder and director meetings, financial statements furnished for the past three years; a list of directors' and officers' names and addresses; and the most recent annual report must be kept with the Corporation's records. |
