Forming an LLC in Kentucky

Forming an LLC in Kentucky in 7 easy steps

1. Start by deciding a name for your LLC. You must naturally refrain from trademark violations and you cannot pick a name that is used by another LLC. The name of your LLC must contain an LLC identifier, such as “LLC” or “Limited Liability Company”. If you for instance wish to call your business “Kentucky Ice Cream”, the formal name should be “Kentucky Ice Cream LLC” or similar.
2. A faulty or poorly written Operating Agreement can easily cause IRS problems for LLC’s and it can therefore be a good idea to let an attorney check your Operating Agreement. You are however in no way required by law to do so when forming an LLC in Kentucky.
3. File the Articles of Organization for your LLC at the Kentucky State filing office. When forming an LLC in Kentucky, the minimum filing fee is $50.00. (For 15 business days.)
4. Have an Organizational Meeting where the members (owners) of the company formally adopt the Operating Agreement.
5. It is now possible for your newly formed LLC to obtain a Federal Employer Identification Number (FEIN).
6. Open up a company bank account.
7. Apply for local business licenses and for any required permits from each city or county that you plan on being active in. 

Maintaining an LLC in Kentucky
In Kentucky, LLC’s are required to hand in an annual report by June 30th each year. The report fee is $15.00.