How to Start Your LLC in Kansas
Legal Bueno helps with everything you need to start your business. We take care of all the paperwork so you don't have to worry about it. Want to learn more about the process we handle? Keep reading!
Quick Summary:
- Filing Fee: $160
- Turnaround time: immediately
How do I start an LLC in Kansas?
Thinking about starting an LLC? The process is pretty similar across the states. You'll start by picking a unique name for your business (you'll need to check to make sure it hasn't been taken!) and then filing some paperwork—usually called Articles of Organization or a Certificate of Formation—with your state's agency.
If you want to check the name availability for Kansas, visit https://sos.ks.gov/businesses/businesses.html?execution=e1s1.
After that's taken care of, you'll want to draft a governing doc for your business called an operating agreement & find any licenses you might need. Just keep in mind that each state has its own little quirks, so it's always a good idea to double-check specific requirements for your area.
What are the costs & processing times of starting a business in Kansas?
Here's the rundown for Kansas:
- The filing fee is: $160
- There are ongoing fees of $50 (every year)
- It usually takes immediately if you're filing online or 2-3 business days (plus mail time) if by mail.
Why Kansas is a great state for your LLC
Starting a company in Kansas offers various advantages that can significantly benefit entrepreneurs and their ventures. Here are some key reasons to choose Kansas as your business location:
- Business Incentives: Kansas provides several financial incentives through the Kansas Department of Commerce. One notable program, the Promoting Employment Across Kansas (PEAK), allows qualifying companies to retain 95% of their payroll withholding tax for up to 5 to 10 years, fostering growth and reducing operating costs.
- Simplified LLC Formation: Forming a limited liability company (LLC) in Kansas is straightforward and efficient, making it an appealing option for entrepreneurs. The process is designed to be user-friendly, especially for startups and small to medium-sized businesses.
- Tax Advantages: Kansas LLCs offer simplified tax filing processes, which can reveal potential tax benefits that may enhance financial health and stability for new businesses.
- Regulatory Ease: Managing and complying with regulations in Kansas is less cumbersome for LLCs. Entrepreneurs can focus more on growing their business rather than navigating complex legal requirements.
- Personal Asset Protection: Establishing an LLC provides a crucial layer of protection for personal assets, shielding them from business liabilities and debts.
- Affordability: The cost to file for an LLC in Kansas is relatively low at $160, making it a financially feasible option for new business owners.
These advantages make Kansas an attractive location for starting a company, providing the necessary support and resources to foster entrepreneurial success.
Legal Requirements
Remember! Legal Bueno will handle all of these requirements for you, but if you're interested, here are the legal requirements for Kansas:
Articles of Organization
The articles of organization must include: 1. The name of the LLC;
- The address of the registered office and the name of the resident agent for service of process;
- Any other matters the members determine to include;
- If the LLC is organized to exercise the powers of a professional association or professional corporation, a statement of each such profession; and
- If the LLC will have a series, the matters required by Kan. Stat. § 17-76,143.
Kan. Stat. § 17-7673
Filing fee: $165
Filing Process
After you've prepared the initial formation documents, you need to file it! Here is what Kansas laws require for filing:
When any document is required to be filed with the secretary of state:1. The original signed document must be delivered to the secretary of state, where the document will be recorded in an electronic medium. Any signature on documents authorized to be filed with the secretary of state may be a facsimile, a conformed signature, an electronic signature, or an electronically transmitted signature;
- All taxes and fees authorized by law to be collected by the secretary of state in connection with the filing of the document must be tendered to the secretary of state;
- Upon delivery of the document, and upon tender of the required taxes and fees, the secretary of state must, if the secretary of state finds that the document conforms to law, certify that the document has been filed in the office of the secretary of state by endorsing upon the electronically-recorded document the word “Filed” and the date and hour of its filing. This endorsement is the “filing date” of the document and is conclusive of the date and time of its filing in the absence of actual fraud. The secretary of state must record the endorsed document in an electronic medium and that electronic document will become the original document;
- The secretary of state will return a certified copy of the recorded document to the person who filed the document or that person's representative, except for annual reports; and
- A person who executes any document required act to be filed with the secretary of state, including a person who executes such document as an agent or fiduciary, is not required to exhibit evidence of the person's authority as a prerequisite to filing such documents with the secretary of state.
Kan. Stat. § 17-7910
Any document required to be filed with the secretary of state may be filed electronically.
Kan. Stat. § 17-7914
Additional Legal Considerations
Here are some additional relevant laws that might be useful when operating your business in Kansas:
Operating agreement
Kan. Stat. § 17-7663(k)
Interpretation and enforcement of operating agreement
Kan. Stat. § 17-7672
Annual report
Kan. Stat. § 17-76,139
Series LLC Provisions
Kan. Stat. § 17-76, 143