How To Start an LLC in Kentucky (Cheapest way!) Jan 25, 2021 If you have your heart set on starting a new business in Kentucky but worry about risking your assets and your family’s future, bring yourself a little peace of mind by considering establishing an LLC in Kentucky. Sadly, you could spend hundreds or thousands of dollars setting up such a limited liability corporation. Still, you also have options to spend considerably less and gain the protection that can let you sleep at night. And as anyone who has started a business can tell you, you don’t want to waste money from the launch if you can get a goal accomplished much cheaper.