Kentucky Sole Proprietorship to LLC – Name, Structure, & Filing Guide David Patterson, June 9, 2023June 9, 2023 Are you a sole proprietor in Kentucky looking to take your business to the next level? Converting to an LLC could be the right move for you. In this article, we provide a comprehensive guide on how to change your business structure, choose a new name, and file the necessary paperwork. Table of Contents Toggle Understanding LLCs in KentuckyStep-by-Step Guide to Converting Your Sole Proprietorship to an LLC in KentuckyKentucky LLC Amendment: What You Need to KnowFiling a Kentucky LLC Amendment: Process and RequirementsCosts and Processing Time for a Kentucky LLC Amendment Understanding LLCs in Kentucky To convert your Kentucky sole proprietorship to an LLC, you’ll need to file the necessary documents with the Kentucky Secretary of State (SOS) and follow a few steps. First, choose a name for your LLC that isn’t already taken. Then, file your Kentucky LLC Articles of Organization with the SOS, which requires a $40 state filing fee. You can file online, by mail, or in-person at the SOS office. Once your LLC is formed, you’ll need to file any necessary amendments or Restated Articles of Organization as needed. You should also draft an operating agreement and appoint a registered agent. For more detailed instructions, check out resources like LLC University or consult with a professional. Step-by-Step Guide to Converting Your Sole Proprietorship to an LLC in Kentucky To convert your sole proprietorship to an LLC in Kentucky, follow these steps: 1. Choose a unique LLC name not already taken in the state. 2. Determine the structure of your LLC and create an operating agreement. 3. File Articles of Organization with the Kentucky SOS and pay the $40 filing fee. 4. Update any documentation and permits with your new LLC name. 5. If necessary, file an amendment to your Articles of Organization to update the LLC structure or add members. 6. Appoint a registered agent. Northwest Registered Agent, LLC is recommended by Matt Horwitz of LLC University. 7. Pay the state filing fee of $40 and submit the amendment form to the Kentucky SOS. 8. Stay in compliance with Kentucky state law by maintaining accurate records and filing necessary updates. For more detailed instructions and forms, visit the Kentucky SOS website or consult with a professional. Kentucky LLC Amendment: What You Need to Know If you’re converting your Kentucky sole proprietorship to an LLC, you’ll need to file a Kentucky LLC amendment. This process involves changing your business name, structure, and filing documentation with the Secretary of State. Matt Horwitz’s website, LLC University, provides a step-by-step guide and SOS forms you need to file the amendment. You’ll also need to update your assets and documentation to reflect the new limited liability company structure. Northwest and other companies offer amendment services for those who need help with compliance. Expect to pay fees for the amendment form and any permits your new LLC needs. Filing a Kentucky LLC Amendment: Process and Requirements To file a Kentucky LLC amendment, you need to download and complete the appropriate SOS forms. The amendment should include any changes to the company name, structure, or provisions. Make sure to include the Microsoft request ID with your application. The filing fee is $40, but the Restated Articles of Organization fee may also apply in some cases. Once completed, mail the form, fee, and any necessary documents to the SOS office address. You can also file online through the Kentucky LLC Articles of Organization account. Follow our step-by-step guide to ensure your limited liability company amendment meets all the requirements and needs. Costs and Processing Time for a Kentucky LLC Amendment Costs and Processing Time for Kentucky LLC Amendment Amendment Type: Kentucky LLC Conversion from Sole Proprietorship Filing Fee: $40 Processing Time: 5-7 business days Amendment Type: Kentucky LLC Name Change Filing Fee: $40 Processing Time: 5-7 business days Amendment Type: Kentucky LLC Registered Agent Change Filing Fee: $40 Processing Time: 5-7 business days Amendment Type: Kentucky LLC Member/Manager Change Filing Fee: $40 Processing Time: 5-7 business days Amendment Type: Kentucky LLC Articles of Organization Amendment Filing Fee: $40 Processing Time: 5-7 business days David PattersonWas this article helpful?YesNo LLC Formation Process