Information on the 50 States and the District of columbia

Click to select any of the states in the list below and scroll down to see state requirements.

 

Incorporating in Kentucky

Corporate Name Requirements

* The corporate name must be distinguishable upon records of secretary of state from the name of existing business entities filed with secretary of state. The corporation may use one of these names if other corporation consents in writing or in certain other enumerated cases. The name must include “corporation,” “incorporated,” “company,” “limited,” or an abbreviation thereof. The name shall not contain language stating or implying that the corporation is organized for purpose other than that what is permitted by the act or the articles.

Articles of Incorporation Requirements

Director Information

  • Minimum Number – One or more.
  • Residence Requirements. – No provision.
  • Age Requirements – None.
  • Directors are not required to be listed in the articles of incorporation.

Officer Information

  • The officers are not required to be listed in the articles of incorporation.

Stock Information

  • An increase in the shares may cause an increase in the initial filing fee.

 

Yearly Requirements

Annual Statements

  • File with Secretary of State by last day of June annually, setting forth by corporation’s name, the state where incorporated, address of registered office of corporation, registered agent’s name, and names and business addresses of directors and principal officers. Fee is $15.

Income Tax Rate

  • 4% of first $25,000 of taxable net income, 5% of next $25,000, 6% of next $50,000, and 7% on next $150,000 and 8.25% over $250,000

For more information on taxes, visit Kentucky Department of Revenue

 

C-Corporation

  • Shareholders have limited liability protection
  • May be listed and traded as a publiccorporation on the stock market or “over the counter”
  • Has a separate and independent tax status from its owners

S Corporation

  • Profits are not subject to “double taxation”
  • Corporate losses may be “passed through” to share holders
  • Shareholders are afforded the same protection as C Corp.

LLC formation

  • Contains characteristics of both corporation and partnership
  • Shareholders may take advantage of “Pass-Through” taxation
  • Limited liability for share holders

Not for profit corp

  • Eligible for tax-exempt status
  • Limited Liability protection
  • Qualify for public and private gains