A. File Artcles of incorporation for Kentucky Corporation with the Secretary of State
After choosing which entity is right for you, your next step is to go to the Kentucky Secretary of State's website and download the appropriate incorporation form that may be available. Or, if you don't want to do the work yourself, we can help you incorporate a business in Kentucky. Click here for a free quote on our Kentucky business incorporation services.
B. S Corporation Filings for Your New Kentucky Corporation
1. Federal S-Corporation Election Form
If you have Clickandinc.com incorporate a business for you in Kentucky, and you choose to be treated as an s-corporation for federal income tax purposes, we can draft that form for you (IRS form 2553). If you choose to draft it on your own, you can download it from the IRS website.
NOTE: You have 75 days from the date you incorporate a business in Kentucky to file your form 2553 with the IRS. If you fail to file in that time period, you will not be granted s-corporation status for the year in which you incorporate.
2. Kentucky S-Corporation Election form
Kentucky does not require s-corporations to file a seperate s-corporation form with the state.
C. Get Your Kentucky Tax ID Number and Or Other State Required Documentation
Have your Federal Tax ID Number (EIN) handy; most states require it on their state tax ID number forms and other forms that you may need to complete after you incorporate a business in Kentucky.
1. Kentucky Tax Registration Application
Once you obtain your Federal Tax ID Number you will need to file the Kentucky Tax Registration Application in order to determine our state tax obligations and get a state tax ID number.
2. Business Licensing in Kentucky
There are over 1,800 business types and more than 600 business licenses required from various agencies in Kentucky. The One-Stop Business Licensing Program allows users to instantly receive a complete listing of all licenses that could be required at the state level.
You can also obtain detailed information about the license or permit, such as the contact person in state government, the fees and requirements, etc.
3. Annual Report
All LLCs and corporations must file an annual report with the Secretary of State each year on or before its anniversary date of formation. The Secretary of State will mail you the annual report form about 60 days prior to its due date. The annual report fee is $15. You can file online at http://sos.ky.gov/business/
Surely, the list above is not everything you will need to do once you incorporate a business in Kentucky. You should always check with your accountant or attorney in order to make sure you are compliant with all state laws. Clickandinc.com is not a law firm and nothing on this page can be considered legal advice on which you can rely.
If you’d like Clickandinc.com to help you incorporate a business in Kentucky, we’d love to help.
