Kentucky Business Registration
Kentucky Corporation (C-Corp & S-Corp) Formation
Kentucky LLC Formation
Kentucky located in the East Central United States of America, It is bordered by Tennessee to the south, West Virginia, Virginia to the east, Illinois to the west, Ohio and Indiana to the west and north, Ohio to the north. Kentucky is the 37th largest state in terms of total area, the 36th largest in land area, and ranks 26th in population. Frankfort is the capital city and top other cities are Louisville, Lexington, Bowling Green, Owensboro and Covington.
Officially known as the Commonwealth of Kentucky, the state is deeply rooted in culture and tradition, including the popularity of its bluegrass music. Kentucky's GSP in 2019 reached $189.4bn, with growth of 1.0% over the five years to 2019. Kentucky's GSP growth ranks 42 out of all 50 US states. It is a common indicator used to track the health of an economy.
Kentucky’s economy—based on manufacturing, trade, mining, agriculture, and tourism and other services—varies by region.
The Bluegrass is an affluent region with a large number of manufacturers and numerous amenities. The Pennyrile is likewise diversified and prosperous, but economic conditions in the Western Coalfield and the Mountain regions fluctuate with the demand for coal.
The Purchase relies extensively on agriculture, and periods of drought or depressed crop prices sometimes bring hardship to the region. Although manufacturing is the greatest income producer for the state, eastern Kentucky has little manufacturing activity, and a few other areas have none at all.