Are You At Risk of
Administrative Dissolution?
If your corporation, LLC or
other business entity has not filed its 2018 annual report with the Kentucky
Secretary of State, it is subject to being administratively dissolved. That
dissolution will take place on September 10 unless the annual report is filed.
Completing the annual report will
take just a few minutes; it is literally the size of a postcard. The filing fee
is $15.00.
Alternatively, if your company
is dissolved, and would need to be reinstated, the filing fee is $115.00, and you
can expect to run up at least several hundred dollars in legal fees getting the
company reinstated.
Only one of those is a
cost-effective option.
You can check to see if your
annual report has been filed on the Secretary of State’s website. If the annual
report has not been filed you may file it electronically. HERE IS A LINK to
that website.
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