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Grimes Encourages Businesses to File Annual Reports Early in 2017


Secretary of State Alison Lundergan Grimes, Kentucky’s chief business official, is reminding Kentucky businesses and those authorized to do business in Kentucky that they must file an annual report with the Secretary of State’s office and pay a $15 filing fee no later than June 30, 2017.

Businesses can quickly file their 2017 annual reports by visiting the Secretary of State’s website, sos.ky.gov. The online report includes information generated from businesses' prior filings, eliminating the need to enter the same information every year.

"We set a record in 2016 for the number of annual reports filed online – nearly 150,000 – saving both time and money for those businesses and the state," said Grimes. "You can quickly view your report, make necessary changes, and file it." Businesses may also file and pay in person or via U.S. mail.

The filing requirement applies to the more than 200,000 corporations, limited liability companies, partnerships, limited liability partnerships, business trusts and professional service corporations registered in the commonwealth.

Businesses that fail to file an annual report before the deadline will be listed in bad standing with the Secretary of State and receive a final 60-day notice. Failure to comply with the 60-day notice results in administrative dissolution of the business entity or revocation of authority to do business in Kentucky.

Story provided by: Kentucky.org