Filing & Retrievals

Filing & Retrievals

Incorporations / Formations

The initial filing that creates a company is most commonly referred to as the Articles of Incorporation, sometimes known as the initial filing varies state by state and more so by company type (entity type). There are numerous entity types including C-Corporations, S-Corporations, Limited Liability Companies, Limited Partnerships and many more. Kentucky Lenders Assistance, Inc. strongly suggests you consult an attorney to determine which type of entity is most appropriate for your business activities (Kentucky Lenders Assistance, Inc. does not provide legal advice).

Regardless of the entity type, a company can only be formed in one state referred to as the “domestic state” also known as the “state of incorporation”. Upon the formation (or incorporation) of a company the domestic state will require statutory fees to be paid., possibly including entity taxes. The selection of your domestic state can be an important decision with various business registration and tax consequences.

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What is Incorporation?

Incorporation is the forming of a new corporation (a corporation being a legal entity that is effectively recognized as a person under the law). The corporation may be a business, a non-profit organization, sports club, or a government of a new city or town.

What is Formations?

Some business owners start off using one type of business formation and then change to a different form as their businesses grow. Sole Proprietorship. A sole proprietorship is the simplest and least expensive type of business to form. Partnership. Limited Liability Company.

Kentucky Lenders Assistance, Inc., Title Companies & Agents, Lexington, KY

Alerts & Important Facts

  • LLC and LP Legistation
    LLC and LP Legistation
    As of October 1st, SB 967 will be in effect. Signed by Governor Malloy, the bill allows LLC or LP reinstatement after administrative dissolution or...
  • SoS Business Filing Update
    SoS Business Filing Update
    The Secretary of State has announced, effective August 31st, that they will be going paperless in regards to notice of filing or rejection for expedited...
  • Formation and Registration Fee Reduction
    Formation and Registration Fee Reduction
    With a signing by Governon Kasich on June 25, House Bill 3 goes into effect on September 26. The bill reduces business entity formation or...

Holidays & Closings

  • January 2016 Closings
    January 2016 Closings
    1/1/2016 New Year’s Day Closed: All States Closed 1/18/2016 Martin Luther King Jr. Day Closed: All States Closed 1/19/2016 Confederate Heroes Day Closed: Texas...
  • December 2015 Closings
    December 2015 Closings
    12/23/2015 Day Before Christmas Eve Closed: North Carolina 12/24/2015 Christmas Eve Closed: Arkansas, Illinois, Indiana, Kansas, Kentucky, Michigan, Mississippi, North Carolina, North Dakota, Oklahoma, South...
  • November 2015 Closings
    November 2015 Closings
    11/3/2015 General Election Day Closed: Indiana, New Jersey 11/11/2015 Veteran’s Day Closed: All States Closed Kentucky Lenders Assistance Inc. 11/25/2015 Day Before Thanksgiving Closed: Virginia...