Kansas LLC Annual Fees: The Payment Process and What’s Included

 

 

If you’re a business owner in Kansas, it’s important to stay up to date on the annual fees associated with LLCs in the state. In this blog post, we’ll go over the payment process and what’s included in the fee. We’ll also provide a few tips on how to save money on your annual LLC fees. It’s important to note that these fees may change, so be sure to check with the Kansas Secretary of State for the most accurate information.

What is an annual fee and why do I have to pay it for my Kansas LLC

An annual fee is a charge that LLCs (Limited Liability Companies) registered in Kansas must pay every year to the state government. The fee is currently $85. LLCs are required to pay this fee regardless of whether they are actively doing business or not. The money from the annual fees goes towards funding various state programs and services.

Some LLCs may be exempt from paying the annual fee if they meet certain criteria, such as being registered as a charitable organization. LLCs that do not pay their annual fee on time may be subject to late penalties and interest charges. In extreme cases, the state may even revoke the LLC’s registration.

Overall, the annual fee is a relatively small cost for the many benefits that an LLC provides. It offers personal liability protection for the business’s owners, allows for tax flexibility, and makes it easier to raise capital. For these reasons, many business experts consider an LLC to be one of the best legal structures for small businesses.

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How much are the LLC annual fees in Kansas

In order to maintain an LLC in the state of Kansas, there is an annual fee that must be paid. The amount of the fee is $165, and it is due on the anniversary date of the LLC’s formation. If the LLC was formed on January 1st, then the annual fee would be due on January 1st of each year.

Failure to pay the annual fee on time will result in a late fee of $25. Additionally, if the annual fee remains unpaid for more than six months, the LLC will be automatically dissolved. Therefore, it is important to keep track of when the annual fee is due and make sure that it is paid on time in order to avoid any penalties.

What’s included in the annual fee payment process in Kansas 

When you form an LLC in Kansas, you’ll need to pay an annual fee to the state. The LLC annual fee is paid to the Kansas Secretary of State’s office, and it’s used to keep your business entity active and in good standing. The LLC annual fee is due on the first day of the month that your LLC was formed, and it’s renewable every year on that same date. The LLC annual fee for 2020 is $85, and it’s payable by check or money order.

You can also pay online using a credit card, debit card, or electronic check. When you pay the LLC annual fee, you’ll need to include a completed Annual Report form. This form asks for information about your LLC, such as the names and addresses of the members and managers. Be sure to keep a copy of your payment receipt and Annual Report form for your records.

How can I pay my annual fee for my Kansas LLC 

  1. Log into the Kansas Secretary of State Business Center.
  2. Click on the “Annual Report” link.
  3. Enter your business entity number and PIN.
  4. Click on the “Continue to Payment” button.
  5. Enter your payment information and click on the “Pay Now” button.
  6. Print or save a copy of your receipt for your records.
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That’s all there is to it! Paying your annual fee is quick and easy using the Kansas Secretary of State Business Center. Just follow the steps above and you’ll be all set.

 

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What if I can’t afford to pay the Kansas LLC annual fees

Starting an LLC in Kansas is a great way to protect your personal assets and give your business a professional image. But like any good thing, there’s a catch: you have to pay annual fees to keep your LLC in good standing with the state. If you can’t afford to pay the fees or you forget to pay on time, don’t panic.

There are a few options available to you. You can try to negotiate a payment plan with the state, or you can dissolve your LLC altogether. You can also transfer your LLC to another state that has cheaper annual fees. Whatever you do, make sure you take care of the matter as soon as possible so you can avoid any late penalties or interest charges.

Are there any discounts or exemptions available for paying LLC annual fees in Kansas

LLCs in Kansas are required to pay an annual fee, which is due on the anniversary of the LLC’s formation. The fee is $160 for domestic LLCs and $310 for foreign LLCs. There is a discount of $25 for LLCs that have elected to be taxed as S corporations.

LLCs that are inactive or have not yet filed their first annual report are exempt from the annual fee. If an LLC files its annual report late, it will be charged a late filing fee of $25. Any LLC that fails to file its annual report for two consecutive years will be automatically dissolved.

How can I find out more information about LLC annual fees in Kansas

LLC annual fees in Kansas can vary depending on the size and type of business. The Kansas Secretary of State’s website has a searchable database of businesses, which includes information on annual fees. Businesses can also obtain this information from the Division of Corporations in the Kansas Department of Commerce.

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The fee for most LLCs is $165, but there are discounts available for businesses that file multiple LLCs or have registered as a foreign LLC in Kansas. LLCs that are inactive or have less than $12,000 in gross annual receipts may also be eligible for a reduced annual fee. For more information, businesses should contact the Kansas Secretary of State’s office or the Division of Corporations.

Concise summary

In conclusion, annual fees are an important part of the LLC process and need to be paid in order to keep your business up and running. The good news is that there are a number of ways to pay your fees, so you should be able to find one that works for you. If you have any questions about annual fees or the payment process, don’t hesitate to contact the Kansas Secretary of State’s office for more information.

 

 

Frequently Asked Questions

Do you have to renew your LLC every year in Kansas?

All LLCs operating in Kansas must file an annual report each year. You must file an annual report to keep your LLC in compliance with state requirements and prevent it from closing. You can file your LLC’s annual report by mail or online.

How much is the Kansas annual report fee?

The filing fee for the annual report is $55. If you are filing this annual report as part of reinstatement of lost status, you may have to pay an additional fee (the fee is listed on the reinstatement form). Call (785) 296-4564 for more information.

How much does an LLC cost in Kansas?

The Kansas Secretary of State charges a fee of $165 for filing articles of organization. You can reserve an LLC name with the Kansas Secretary of State for $30 if you file online, or $35 if you file by mail.

How much does it cost to renew an LLC in Kansas?

Print the paper renewal form and mail it to our board office along with a check or money order in the amount of $95.00.

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