If you're considering starting a business in Kentucky, one of the first steps you'll need to take is filing your articles of incorporation. Articles of incorporation are legal documents that establish the existence of your business as a corporation in the state of Kentucky. In this article, we'll discuss the steps you need to take to file your Kentucky articles of incorporation.
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Step 1: Choose a Business Name
Before you can file your articles of incorporation, you'll need to choose a name for your business. Kentucky law requires that the name of your corporation be distinguishable from other business names registered in the state. You can search the Kentucky Secretary of State's database of business entity names on their website to make sure your desired name is available.
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Keep in mind that your business name must include "Corporation," "Incorporated," "Company," or an abbreviation of one of those terms.
Step 2: Prepare Your Articles of Incorporation
Once you've chosen your business name, you'll need to prepare your articles of incorporation. You can download a pre-filled form on the Kentucky Secretary of State's website or fill out a blank form.
Your articles of incorporation must include:
- The name of your business
- The purpose of your business
- The name and address of your registered agent (someone who can receive legal documents on behalf of your business)
- The number of shares of stock your corporation is authorized to issue
- The names and addresses of your initial directors
- Any additional provisions or clauses you want to include in your articles
If you're unsure of what to include in your articles, you may want to consult with an attorney or accountant.
Step 3: File Your Articles of Incorporation
Once you've prepared your articles of incorporation, you'll need to file them with the Kentucky Secretary of State's office. You can file your articles online or by mail.
To file your articles online, visit the Kentucky Secretary of State's website and click on the "E-Filing" tab. Follow the prompts to create an account, fill out the necessary information, and pay the filing fee. As of June 2021, the fee to file your articles of incorporation online is $40.
To file your articles of incorporation by mail, download and print the appropriate form from the Kentucky Secretary of State's website. Fill out the form, include a check for the filing fee, and mail it to:
**Kentucky Secretary of State**
**Business Filings Division**
**700 Capital Ave, Suite 152**
**Frankfort, KY 40601**
As of June 2021, the fee to file your articles of incorporation by mail is $50.
Additional Considerations
Once your articles of incorporation have been filed and approved, your business will officially be a corporation in the state of Kentucky. However, there are additional steps you need to take before your business can start operating.
You'll need to obtain any necessary business licenses and permits from the city or county where your business will be located. You'll also need to obtain a federal Employer Identification Number (EIN) from the IRS.
It's important to remember that as a corporation, you'll need to follow certain rules and regulations regarding how you conduct business, maintain your records, and file your taxes. Consider consulting with an attorney or accountant to make sure you're following all the necessary requirements.
Conclusion
Filing your Kentucky articles of incorporation is an important step in starting your own business. By following these steps, you can make sure your documents are accurate and complete before filing. After filing, be sure to complete any additional steps required to start operating your business as a corporation. Congratulations on taking the first step to becoming a business owner in Kentucky!
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