Filing fee: $40 · Agency: Kentucky Secretary of State
Processing time: 1 business day.
Annual report: Annual report fee: $15.
Franchise tax: Kentucky imposes a Limited Liability Entity Tax (LLET) on entities with limited liability protection, including LLCs. The minimum annual tax is $175. The tax is calculated based on the lesser of 0.095% of Kentucky gross receipts or 0.75% of Kentucky gross profits, with the $175 minimum applying even if the calculated tax is lower. Sole proprietorships and general partnerships are exempt.
Notes: After forming an LLC, a copy of the Articles of Organization must be filed with the county clerk in the county where the LLC's registered office is located.