Are you interested in forming an LLC in Kentucky? While there are several ways to complete the business formation process on your own, working with an LLC formation service is by far the simplest and most straightforward. To help you choose the best service for your needs, let’s take a detailed look at five of the best LLC formation services in Kentucky.
Disclaimer: the rates and offerings below are subjected to changes made by the service providers
Before we dive into the best LLC formation services, it may be helpful to first define what an LLC is and why business owners may want to form one. LLC stands for “limited liability company”, and it’s a type of business structure that shields the business’s owner from personal liability. If your LLC is sued, for example, the suing party can only go after the company’s assets and not your personal assets as the business owner. If you’re operating as a sole proprietor, there is no distinction between company assets and personal assets, resulting in a much riskier burden of liability.
Along with shielding business owners from the company’s debts and liabilities, LLCs offer several other distinct advantages. For one, the profits and losses of the LLC can be passed through to the owners’ personal income without facing corporate taxes. This avoids the double taxation typically experienced by C-corporations.
LLCs also offer flexible management structures that can accommodate a variety of operational setups, fewer record-keeping and reporting requirements than corporations, and the enhanced credibility that comes with having a legitimate business.
Thanks to all of these benefits, forming an LLC is a popular choice for business owners in Kentucky. And, as long as you choose the right LLC formation service, it’s a process that’s quick and easy.
Tailor Brands offers a comprehensive suite of services designed to streamline the LLC formation process. And, best of all, the platform is designed to be incredibly user-friendly. This focus on ease of use streamlines the LLC formation process and eliminates a lot of the complexities Kentucky business owners have to contend with when trying to form an LLC on their own.
Since being founded in 2014, Tailor Brands has grown to become one of the most respected names in the LLC formation services industry. From exceptional customer service to the company’s user-friendly platform to its swift and reliable services, there are plenty of great reasons for Kentucky business owners to choose Tailor Brands to form their LLC.
Tailor Brands offers all the essential services needed to form an LLC in Kentucky. This includes services such as name availability searches, preparation and filing of Articles of Organization, getting an EIN, and drafting an operating agreement. In addition to LLC formation services, we also offer a wide range of other services to business owners, including registered agent services, tax services, and numerous design and marketing services.
Tailor Brands offers numerous pricing packages to suit a variety of business needs. With the Lite plan from Tailor Brands, you only have to pay the state filing fee (which is $40 in Kentucky) and Tailor Brands will file your LLC free of charge.
For more comprehensive LLC formation services, you can choose the Essential LLC plan, which costs $199 in addition to state fees and includes expedited processing, annual compliance services, and an operating agreement.
Tailor Brands also offers an Elite LLC plan for $249 plus state filing fees. This plan includes everything in the Essentials LLC plan plus additional business tools and services such as a domain name, a website builder, and free logo design.
Tailor Brands offers everything Kentucky business owners need to get their LLCs up and running. Thanks to a combination of excellent customer support and a user-friendly platform, we make the LLC formation process about as easy as it gets. And with a wide range of additional business tools and services, we also help you build your business long after the LLC is formed.
LegalZoom is one of the most well-known names in the legal services industry, and LLC formation is just one of the many legal services that the company offers. LegalZoom was founded in 2001 with the goal of making legal help more accessible. Since then, the company has expanded to become a one-stop shop for business owners seeking legal services, including LLC formation.
LegalZoom offers all the services business owners in Kentucky need to get their LLCs up and running. This includes services such as name availability checks, preparation and filing of Articles of Organization, and operating agreement templates. In addition to LLC formation services, LegalZoom also offers a broad range of other legal services. Trademark registration, compliance services, and legal advice from licensed attorneys are just a few of the offerings that you can look forward to with LegalZoom.
LegalZoom offers three different LLC formation packages to choose from. With LegalZoom’s Basic package, you only have to pay the state filing fee and LegalZoom will file your LLC for you free of charge. With this package, however, you’ll be responsible for tasks like drafting your operating agreement and getting an EIN. If you want LegalZoom to completely handle the formation process for you, you can purchase the Pro package for $249 + the state filing fee. LegalZoom also offers a Premium package for $299 + the state filing fee which includes everything in the Pro package as well as attorney consultations and document review.
LegalZoom is an established and trusted name in the LLC formation services industry. And for business owners who need other legal services in addition to forming their LLC, LegalZoom’s long list of reliable legal services makes it an option worth considering.
Swyft Filings is another highly popular LLC formation service. The company was founded in 2015 with the goal of automating the business formation process. Its services are geared toward small to medium-sized businesses, and Swyft Filings strives to make the process of forming an LLC as quick and easy as possible for small business owners.
Swyft Filings a straightforward online process that guides users through each step of forming an LLC. Key services include business name verification, preparation and filing of the necessary documents, and free 30-minute business tax consultation. Swyft Filings also offers additional services such as EIN registration, compliance alerts, and customized operating agreements.
Swyft Filings offers three different pricing plans: a Basic plan, a Standard plan, and a Premium plan. The Basic plan is free aside from the state filing fee and includes basic filing services with a three-week processing time. The Standard plan costs $199 + state filing fees and includes additional services like a custom operating agreement and an EIN. Processing time with the Standard plan is five days. Lastly, the Premium plan costs $299 + state filing fees and offers same-day processing.
Swyft Filings makes the process of forming an LLC quick and easy, and the offering of same-day processing is a nice perk for those willing to pay for it. While Swyft Filings doesn’t offer the same range of business services you get with companies like Tailor Brands and LegalZoom, it’s still a fine choice if swift and reliable LLC formation is your only priority.
RocketLawyer provides a wide range of legal services to business owners in Kentucky, including LLC formation services. The company was founded in 2008 and, along with LegalZoom, stands apart as one of the most recognizable names in the legal services industry.
RocketLawyer’s platform offers tools for drafting and filing formation documents, name availability search, and registered agent services. RocketLawyer also provides access to legal documents and attorney consultations, which can be helpful if your business has ongoing legal needs.
RocketLawyer offers a somewhat unique, subscription-based pricing model. If you only wish to pay for LLC formation, it will cost $99 + state filing fees. With a subscription to RocketLegal+, though, LLC formation is included for free. RocketLegal+ costs $239.88 a year and also includes services such as document management services and attorney consultations.
RocketLawyer is renowned for its high-quality legal services, and if you happen to need the additional services that are included with a RocketLegal+ subscription, then paying for RocketLegal+ and filing your LLC for free is a good option to consider.
ZenBusiness offers LLC formation services that are affordable and comprehensive. The company was founded in 2015, and while it hasn’t been on the market as long as some of the other big names in the LLC formation industry, ZenBusiness is still a widely known and well-renowned company. The company caters to SMBs and tries to make the process of forming a business as simple and streamlined as it can be.
ZenBusiness offers all of the basic LLC formation services, including name availability checks, preparation and filing of Articles of Organization, and registered agent services. The company also offers ongoing compliance services, annual report filing, and access to a variety of business tools.
ZenBusiness offers three pricing plans to choose from, starting with a Basic plan that is free aside from state filing fees. This plan includes basic LLC formation services and offers a filing speed of 2-3 weeks, ZenBusiness’s Pro plan costs $199 + state filing fees and includes an EIN and operating agreement in addition to a 1-5 day filing speed. The Premium plan offers a 1-5 day filing speed as well but also includes a website builder, a domain name, and business documents. It costs $299 + state filing fees.
ZenBusiness’s LLC formation plans are a little pricey for what they include, but ZenBusiness does offer fast, simple, and reliable service. If you’re in a hurry to get your LLC formed and want to streamline the process as much as possible, you can’t go wrong with ZenBusiness.
It is possible for Kentucky business owners to complete all the necessary steps to form an LLC completely on their own without needing to pay for LLC formation services. However, it isn’t always easy. Forming an LLC requires a lot of red tape and key legal/tax considerations. If you don’t do your research ahead of time, you may end up making some costly mistakes or getting a lot more than you bargained for when it comes to all the paperwork you have to file. For this reason, most small business owners choose to work with an LLC formation service to form their businesses.
If you are looking for the best LLC service in Kentucky, there are several great options to choose from. However, the combination of comprehensive services, affordable pricing, and excellent customer reviews make Tailor Brands an especially strong contender.
To learn more about how Tailor Brands can help you form your Kentucky LLC in a way that’s quick, affordable, and easy, be sure to check out our LLC formation services today!
This portion of our website is for informational purposes only. Tailor Brands is not a law firm, and none of the information on this website constitutes or is intended to convey legal advice. All statements, opinions, recommendations, and conclusions are solely the expression of the author and provided on an as-is basis. Accordingly, Tailor Brands is not responsible for the information and/or its accuracy or completeness. It also does not indicate any affiliation between Tailor Brands and any other brands, services or logos.
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