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Reinstatement (also called ?revival?) is the process of returning your business to an active, functional state after it has been administratively dissolved. Note that while most states use these terms interchangeably, a few states define ?reinstate? and ?revive? differently.
Your annual report must be signed, dated and accompanied by a $15 filing fee.
To register a foreign corporation in Kentucky, you must file a Kentucky Certificate of Authority with the Kentucky Secretary of State. You can submit this document by mail, online, or in person. The Certificate of Authority for a foreign Kentucky corporation costs $90 to file.
Involuntary/Administrative Dissolution ? The Secretary of State may administratively dissolve a business entity for non-compliance with various Kentucky business laws. An administratively dissolved business may not carry on any business except that necessary to wind up its affairs and liquidate its assets. KRS 14A.
Reinstating a Kentucky LLC requires requesting a reinstatement packet for your entity from the Secretary of State's website, and filing a Certificate of Restoration, and all annual reports.
To revive or reinstate your Kentucky LLC, you'll have to submit a reinstatement package to the Kentucky Secretary of State. The reinstatement package must include: a completed Application for Reinstatement. a Reinstatement Annual Report.
Kentucky LLCs taxed as S-corp By filing Form 2553, you can apply to have your Kentucky LLC taxed as an S-corp. LLCs and corporations can both choose S-corp status, but your LLC must be approved by the IRS before qualifying.