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About 30,000 businesses have yet to file annual reports with Secretary of State’s office

Reports were due June 30

FRANKFORT, Ky. (July 25, 2014) — About 30,000 Kentucky businesses have yet to file required annual reports that were due to the Secretary of State’s office by June 30, said Alison Lundergan Grimes, Kentucky’s chief business official.

More than 173,000 businesses, or 80 percent of businesses, have satisfied the requirement.

handshakeAnnual reports contain information such as principal place of business, officers, and service of process address. No financial information is contained in annual reports.

Pursuant to statute, the Secretary of State’s office mailed a final, 60-day notice to entities that failed to meet the June 30 deadline. If an entity fails to comply with the 60-day notice, then it will face administrative dissolution or revocation of its authority to do business in Kentucky. Conducting business in Kentucky after administrative dissolution or revocation of the certificate of authority may result in civil penalties.

Grimes reminds entities that are no longer in good standing that they can file the required paperwork and pay the fee online at www.sos.ky.gov, in person, or via mail.