Form an LLC in Kansas with Inc Authority for Free

To obtain approval for your Kansas LLC registration, you have to select a formal LLC name that is exclusive within the state of Kansas, and includes one of the designated terms: Limited liability company, limited company, L.L.C., LLC, or LC.

You can conduct a thorough Kansas LLC name search to confirm the uniqueness and distinguishability of your business name. Also, examine variations of your chosen name to ensure it does not closely resemble those already in use.

After deciding on an available and unique name, filing the formation paperwork is next. But if you’re concerned that there could be a delay in filing the paperwork, you could opt to reserve your company name for up to 120 days. 

You’ll need to fill out the Temporary Reservation of Business Entity Name form for a $35 filing fee ($30 online) and submit it to the Kansas Secretary of State. You also need to specify the chosen business name in the form.  

In Kansas, there are various LLC types to consider, each with its distinct advantages and requirements. You can choose between a single-member LLC or a multi-member LLC depending on the number of LLC members.

LLCs also have an adaptable management structure. You can choose to be a manager-managed LLC run by managers nominated by the members, or a member-managed LLC with shared managerial responsibility among members.

A registered agent is an individual or entity assigned to receive legal notices, and other essential documents on behalf of your LLC. Every LLC is required by Kansas state law to have a registered agent with a physical address in the state. 

Ensure that your chosen registered agent has a physical address in Kansas and is available during business hours. If you prefer, you can enlist the services of a professional LLC formation service company like Inc Authority to handle this.

An operating agreement is a must-have document to prevent potential disputes among LLC members. This document sets clear expectations for members and managers regarding the rules for managing your LLC’s operation. 

Create an operating agreement that outlines various aspects underlying your LLC’s daily operations. This includes organization and structure, members’ rights, governance rules, and procedures for making major business decisions.

You can now officially register your LLC in Kansas by filing the Articles of Organization paperwork with the Kansas Secretary of State. Your completed application can be filed in person, via mail, via fax, or online. 

Filing online will cost you $160. If you prefer mail filing or in-person filing, the fee bumps up to $165. After submission, patiently wait for the Secretary of State’s office to process your Articles of Organization and register your LLC. 

The Employer Identification Number (EIN) is necessary for filing federal tax returns, reporting income, and fulfilling other tax-related tasks. An EIN is tied to your LLC’s legal status and must be obtained if your Kansas LLC intends to hire staff.

Make sure your LLC has received formal approval from the Kansas Secretary of State before applying for an EIN. Submit an online application for an EIN via the Internal Revenue Service (IRS) website, or apply by mail using Form SS-4.

It is important to organize your LLC finances by setting up a dedicated business banking account. This step not only streamlines your financial management but also ensures a clear separation between personal and business expenses. 

To open a new bank account for your LLC in Kansas, you’ll need your LLC’s formation documents, such as the Articles of Organization, EIN obtained from the IRS, and any other identification documents the bank may require.

After registering your LLC in Kansas, you need business licenses and permits before you start operating your LLC. The particular licenses and permits required for your LLC in Kansas depend on the LLC type, location, and industry.

Once you’ve identified the required licenses and permits, follow the application procedures outlined by the relevant authorities. This usually involves submitting specific forms, providing documentation, and paying applicable fees.

After you start an LLC in Kansas, paying taxes is an important part of running your business and staying compliant. Every LLC in Kansas is taxed by the IRS based on state tax rules and the tax structure opted by the business. 

A single-member LLC is taxed as a Sole Proprietorship while multi-member LLCs are taxed like a Partnership. Additionally, you may choose to be treated as a Corporation to retain earnings within the business.

Registering a trademark is essential if you want distinctive branding elements, to set your products or services apart from competitors’ offerings. Based on the kinds of products or services they represent, trademarks are divided into classifications.  

Visit the US Patent and Trademark Office (USPTO) for a detailed list of classifications that you may use for your LLC. Additionally, check the Kansas Secretary of State’s office to ensure your chosen trademark is not already in use.

Keeping an up-to-date financial record is an essential step in ensuring your business runs smoothly. While this step is technically optional when creating an LLC in Kansas, maintaining organized financial records is crucial for legal compliance.

You can decide between single-entry and double-entry bookkeeping to consistently record all financial transactions. If managing your accounts becomes overwhelming, consider exploring accounting services to determine the best fit for your LLC.

Now that you’ve laid the groundwork for your LLC in Kansas, you need to consider securing your investment and assets through insurance. You need to obtain the right coverage to provide valuable protection for your business assets. 

An LLC in Kansas with one or more employees is required by state law to acquire workers’ compensation insurance. You can decide to purchase additional insurance depending on the level of risk you can take on and your requirements.

Though the process of forming an LLC in Kansas ends with filing Articles of Organization, your responsibilities do not. You have to continuously adhere to state regulations to ensure the smooth operation and longevity of your LLC. 

Generally, you have to maintain compliance with your LLC’s tax requirements and file a biennial report. Failure to file the information report on time may result in penalties or, in extreme cases, the dissolution of your LLC.

Here are the features that come with the free package:

• Business name review: Inc Authority offers a search function on its website that allows you to go through an extensive archive of registered firms to find out if your preferred LLC name is available for use or has already been taken.

• Registered Agent Service for One Year: For the first year, Inc Authority provides free registered agent services, offering a reliable point of contact to receive important documents on behalf of your new business.

• Document management: Your LLC operating agreement, annual report, tax forms, formation paperwork, and other business information are securely kept in your web portal for convenient access with an Inc Authority account.

• Tax advisory: Beyond LLC formation service, Inc Authority provides a complimentary tax consultation with a tax expert who can offer guidance and insights into possible strategies to maximize your tax savings.

• LLC formation: Inc Authority’s free LLC formation services can help you get your LLC up and running quickly. The team assists with filing paperwork and the legal documents needed to register either a domestic or foreign LLC.

• S-Corp election and filing: To attain the federal S-Corporation special tax status for your LLC, you must file an S-Corp election form. You can get assistance from Inc Authority in completing and submitting this form.

• Business Funding Analysis: Access to capital is essential for business growth. With Inc Authority’s free LLC service, you get access to business funding analysis to help you understand funding options for your LLC. 

Inc Authority’s free LLC formation plan provides basic features that can help you get your LLC up and running. For add-on features and services, try its paid plans.

Price: Free

Here are the additional services you’ll get with this plan:

• LLC operating agreement: It’s a good practice for an LLC to have an operating agreement. The Starter plan gives you access to templates that make it easier to create comprehensive LLC operating agreements.

• Employer Identification Number: To operate an LLC in Kansas, you are required by Kansas law to get an Employer Identification Number. The Starter package offered by Inc Authority facilitates an EIN application process.

• Corporate forms and documents: With the Starter plan, you can receive guidance and assistance in drafting the necessary corporate forms and business documents required to establish and run your LLC.

• Annual compliance notifications: After forming an LLC, you must make sure your company is still in good standing with the state. Inc Authority notifies you about important filings, renewals, and other compliance requirements.

• Detailed tax consultation: Compared to the free consultation you get with the free plan, Inc Authority offers personalized guidance on tax matters including sales tax and deductions specific to your business.

• Web domain + 5 business email addresses: The Starter Plan gives you the tools to establish your digital presence. With this plan, you get customized web hosting for your business with five business emails linked to your domain.

Price: Custom

The additional features you can get with this plan include:

• Customer success advisor: With Inc Authority’s Fasttrack plan, you are assigned a dedicated customer success advisor who will guide you every step of the way. They attend to your inquiries about the registration process, legal requirements, corporate structure optimization, and any aspect you need guidance on.

• Private banking specialist: In addition to a Customer Success Advisor, the Inc Authority Fasttrack Plan also includes a Private Banking Specialist. This specialist will help you understand the various banking options available to your business, open a business bank account, and help you choose the right banking solution for your business.

• Personalized business advisory: With this plan, you can get a thorough analysis of your specific industry, business structure, and competitive landscape from experienced business advisors. Whether you want to grow your LLC or are just getting started, you will receive helpful recommendations to improve your business strategy.

• Expedited preparation and filing: With the highest-tier plan, your business formation documents will be prepared and filed quickly and efficiently. This helps you save time and avoid delays in the LLC formation process. While most businesses need to wait for some days, you can have same-day filing for your LLC application.