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In Kentucky if you are closing your business and having a “going out of business sale” or other type of “closing sale” there is not time restriction on re-opening the store. If you have a corporation or an LLC and you want to cease doing business and close the corporation altogether and form a new corporation, for your new business, then you must file an Articles of Dissolution with the Secretary of State.
You must also cancel any permits or operational licenses you hold in the old corporation’s name. You will need to contact your board of licensure to cancel those licenses.
Also, a business entity that ceases to operate in Kentucky has certain tax responsibilities to facilitate the closure of business tax accounts. A Kentucky Corporation and/or Limited Liability Company that is no longer operating is required to file a “final” corporate and/or limited liability entity tax return in order for those tax accounts to be closed; other business tax accounts may be cancelled by utilizing the 10A104 Update to Business Information or Cancellation of Kentucky Tax Account(s) form.
But if you are just closing and re-opening as a renewed business, the same products or different, then you can just reopen under the same business structure and name with no legal issues.
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