The Commonwealth of Kentucky has made it easier for entrepreneurs to file their business with the introduction of
FastTrack. Facilitated by the
Office of the Secretary of State, FastTrack is an online service designed to reduce the amount of time it takes to file incorporation documents, allowing companies to be up and running much quicker than before.
The online service will eliminate much of the bureaucratic "red tape," with filers generally having their online application reviewed by office staff within one business day. And because the service is intuitive to Kentucky law, far fewer applications will be rejected due to common mistakes.
FastTrack is part of the office's focus on becoming more economically and environmentally friendly, while providing greater accessibility and customer service to constituents. Under Secretary of State Trey Grayson, the office has launched 25 new or upgraded online services and has uploaded more than 3 million documents to the website.
"It is our responsibility to provide the most efficient and accessible service, in the most environmentally friendly way possible," says Secretary Grayson. "The changes we have made to this office are the kind of transformations that government should be making in the 21st Century, where we do more with less by creating a 24-hour a day online service center."
The service is now open to domestic corporations and limited liability corporations (LLCs), and is expected to be expanded to foreign business entities over the next several months.
Over 20,000 domestic corporations and LLCs were filed in Kentucky in 2008.
Writer:
Kevin LeMasterSource: Commonwealth of Kentucky Office of the Secretary of State
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