One thing is certain: businesses of all types are growing in Kentucky. From agriculture to technology and healthcare, the Commonwealth is quickly becoming a hub for industry.
Secretary Alison Lundergan Grimes reported Thursday that a record number of Kentucky businesses have filed their annual report and done so online. Every year in office, Grimes’ administration has broken records in the number of businesses registered, filing annual reports and has seen an increase in online annual report filings.
Businesses registered with the Secretary of State’s office are required to file an annual report with the agency by June 30. In 2019, 203,972 Kentucky businesses timely filed their annual report with more than 160,000 Kentucky businesses completing this requirement online, a record-setting number for Kentucky.
“Over the course of my term, Kentucky businesses have utilized our easy online tools,” said Grimes, Kentucky’s chief business official. “This saves businesses and the Commonwealth time and money. The percentage of entities put in bad standing continues to decrease, allowing good businesses to continue to prosper and our economy grow.”