Launch Your Business in

Kentucky
Launching Your Business in Kentucky
Kentucky offers a number of advantages that make it the finest area to do business in the United States, From cheap utility prices to unrivalled logistical benefits
Launch an LLC
Launch Your LLC in Kentucky

According to CNBC, Kentucky has the lowest cost of doing business in the country. Kentucky's progressive and innovative tax incentive schemes also offer businesses the flexibility they require whether relocating, growing, or reinvesting in the state.

Most businesses in Kentucky must be registered with the Kentucky Secretary of State and the Kentucky Department of Revenue in order to operate legally. The process of filing any kind of legal documents can be complicated and time-consuming. Count on Launch-A-Biz for online business registration of your corporation or LLC in Kentucky. Registered agents at our company are experienced and professional and ready to file your business documents for you. We can assist you in starting your business by handling all the necessary work. 

How to Launch a Business in Kentucky

The Kentucky Secretary of State approves Articles of Organization for a Limited Liability Company (Form KLC) to form a Kentucky LLC. The cost of submitting is $40. Every year, by June 30, all Kentucky LLCs must file an annual report with the Secretary of State.

Business Taxes in Kentucky

From $0 to $3,000, tax is 2% of taxable income

A tax of 3% of taxable income minus $30 is applied to $3,001 - $4,000

Tax is 5% of taxable income minus $120 on income between $5,000 and $8,000

From $8,000 to $75,000, tax is 5.8% of taxable income minus $184

Corporate Tax rate is 4% of taxable net income for income from $0 - $50,000

$50,000 – $100,000, tax is 5% taxable net income

For income over $100,000, tax is 6% of taxable net income.

Launch a Corporation
Kentucky Corporation

The board of directors of a corporation is in charge of overseeing the company's activities. Therefore, you need one to form your corporation in Kentucky. After that, To officially register your business with the Commonwealth, file your Articles of Incorporation. The incorporators or the board of directors should draft the corporate bylaws before the corporation starts operating. Kentucky also requires it for all corporations. In Kentucky, all corporations are obliged to submit an annual report with the state to keep their information up to date with the filing fee of $15.

Corporation Taxes in Kentucky

From $0 to $3,000, tax is 2% of taxable income

A tax of 3% of taxable income minus $30 is applied to $3,001 - $4,000

Tax is 5% of taxable income minus $120 on income between $5,000 and $8,000

From $8,000 to $75,000, tax is 5.8% of taxable income minus $184

Corporate Tax rate is 4% of taxable net income for income from $0 - $50,000

$50,000 – $100,000, tax is 5% taxable net income

For income over $100,000, tax is 6% of taxable net income.

Launch-A-Biz provides assistance to entrepreneurs to start a business in Kentucky. Assisting with business start-ups, trademarks, and corporate filings in Kentucky, we also assist with copyrights and trademarks.

Our services include business creation, filings, and advisory services. We are also offering business rescue, operations, distribution & supply chain, C-Suite, and Board Level Leadership Advisor in Kentucky. 

 

Let's Launch Your Business

11 + 1 =