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Kentucky company

Limited Liability Company for $218 Corporation for $228

Starting your own startup was never easier. Set up your LLC or Corporation and get to work on your venture, we'll take care of the paperwork!

Complete Package

Simple All You Need Package & logo for free

Our All You Need Package containts everything to get you started. You pay a single price per state and we take care about the rest for you.

Kentucky State Initial Filing fee • value of $50
Checking name availability, preparing state-approved Articles of Incorporation, filing Articles with state, mailing them to you. • value of $89
Registered Agent for one year • value of $89
Company Bylaws included
Ready to fill Stock Certificates included
Meeting of Shareholders Minutes
Meeting of Directors Minutes included
Reminders about annual renewals through INCCONTACT

Example logos created by IncNext More logos

Process Explained

The creation process

We save your valuable time by doing what we do best – creating companies. There are five main steps and some related administrative that we cover for you.

Checking Name Availability
Preparation and Review of Articles of Incorporation
Filing Articles with State
Sending Articles of Certificate of Incorporation to you
Electronic forms – bylaws, minutes & notifications

Kentucky regular processing takes approximately 1 week.

Once your company is ready

Once the company comes to live, you will need a few things to make it comply with the Kentucky laws. Some are one-off and some on yearly basis. Our system will remind you at the right time, so no worries.

Tax ID (EIN) – free online or via or phone
Yearly Requirements and Fees for Kentucky companies – Statement of Information is an initial statement of officers or member/managers that must be filed with the Kentucky Secretary of State within 90 days after filing original articles, and every year thereafter in the applicable filing period. For LLCs there is an addition Franchise Tax that is $800 per year. The first payment must be made within 3 months of your LLC.
Company Minutes & Stock Certificates – are included in incorporation. You will have access to documents generated on your client account.

Why Kentucky

Why incorporate in Kentucky?

Kentucky ranked 3rd for its workforce training programs.
– Expansion Management magazine
Kentucky ranked 4th on Site Selection’s Annual Competitiveness Award.
Kentucky ranked 9th in the nation on the Annual Business Climate Rankings.
– Site Selection
In 2004, new business investment in Kentucky totaled nearly $2.3 billion with the creation of just over 16,600 new jobs.

Most important statistics

Cost of Living Index

For Louisville, KY (2010)	Index Score
Composite	87.7
Grocery Items	81.6
Housing	78.7
Utilities	99.1
Transportation	96.9
Health Care	87.2
Misc. Goods & Services	91.9

Get Kentucky Company

Fees & taxes

Business Inventory Tax
Business inventory is exempt.

Corporate Income Tax
Kentucky is the only state that requires a physical presence requirement in order to be subject to the corporation income and license tax.
First: $25,000 (4%)
Next: $25,000 (5%)
Next: $50,000 (6%)
Next: $150,000 (7%)
Over: $250,000 (8.25%)

Personal Income Tax
Kentucky’s personal income tax system consists of five brackets with a top rate of 6% starting at $8,000.

Personal Property Tax
Taxable. The state imposes a tax on intangible personal property. Kentucky is one of the 38 states that collect property taxes at both the state and local levels.

State Sales and Use Tax
Base Rate: 6%
Machinery Rate: None
There is an exemption for machinery for new and expanding industry. This excludes repair, replacement or spare parts.

Transaction Privilege & Use Tax
This tax is a tax on the privilege of doing business in the State. The tax ranges from 5.6% – 9.0% with a state average of 8.3%.

Unemployment Insurance
Kentucky new employers’ rate is 2.7% for 3 years.

If you need more information, let us know

Visit us in Las Vegas

IncNext
EastBiz.com, Inc.
5348 Vegas Dr.
Las Vegas, NV 89108

Phone: (702) 871-8678
E-mail: help@incparadise.com

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