Initial Fees and Licenses in Kentucky

April 13, 2006

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If you're going to operate your business in Kentucky, when you start up you're likely to incur filing fees and licensing fees depending on the type of business you run and your business form (corporation, sole proprietorship, partnership, or limited liability company (LLC)).

Corporations. If you're doing business as a domestic corporation (a corporation incorporated in Kentucky) in Kentucky, you will be subject to various fees when you start up. The following are the filing requirements and payments by domestic corporations to the Secretary of State:

Organization Fees Based Upon Authorized Stock
Number of authorized shares of stock	Fee per share
Up to and including 20,000 shares	$0.01
Each share in excess of 20,000 and up to and including 200,000 shares	$0.005
Each share in excess of 200,000 shares	$0.002
Minimum fee $10	N/A

Document	Fee
Articles of incorporation	$40
Amendment of articles of incorporation	$40
Restated articles of incorporation	$40
Articles of merger or share exchange	$50
Articles of dissolution	$40

If you're doing business as a foreign corporation (a corporation organized outside Kentucky) in Kentucky, you too will be subject to initial fees when you start up. The following are the filing requirements and payments by foreign corporations to the Secretary of State:

Document	Fee
Application for a certificate of authority to transact business	$90
Amended certificate of authority	$40
Application for certificate of withdrawal	$40

Limited liability companies (LLCs). If your company is either a domestic or foreign limited liability company (LLC), file the following documents as applicable with the Kentucky Secretary of State:

Document	Fee
Articles of organization	$40
Application for certificate of authority as a foreign LLC	$90
Annual report	$15
Amendment of article of organization	$40
Restatement of articles of organization	$40
Amendment and restatement of articles of organization	$80
Articles of dissolution with respect to a domestic LLC	$40
LLC's statement of change of registered agent or change of the address of the registered office	$10
LLC's statement of change of the mailing address of the principal office	$10
Application to reserve a name for use by a domestic or foreign LLC	$15
Articles of merger	$50
Application for amended certificate of authority	$40
Application for certificate of withdrawal	$40

Licenses and fees. Kentucky requires that you obtain a license and pay a fee if you are operating certain types of businesses in the state. Below is a partial list of some of the types of businesses required to obtain a license. Be sure to check with the state to make sure you are complying with the license requirements for your particular profession.