After forming a limited liability company (LLC), you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability an LLC provides its owner(s). This guide outlines the ongoing requirements for Kansas LLCs.
LLC taxes and fees
The following are taxation requirements and ongoing fees for Kansas LLCs:
- Annual report and franchise tax. Kansas requires LLCs to file an annual report, which is due on the 15th day of the fourth month after the close of its fiscal year (April 15 for calendar-year companies). The fee is $55. Kansas also has a franchise tax for LLCs with taxable equity, net capital accounts, income as reported on a federal partnership return or corpus amounting to more than $1 million. The franchise tax is calculated at $0.3125 per $1000 and is due the 15th day of the fourth month after the close of the tax year.
- Taxes. For complete details on state taxes for Kansas LLCs, visit Business Owner's Toolkit or the State of Kansas.
- Federal tax identification number (EIN). An EIN is required for LLCs that will have employees. Additionally, most banks require an EIN in order to open a business bank account.
- State tax identification number. Kansas does not require a state tax identification number.
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
Additional Kansas information
View the following additional resources BizFilings has for forming and maintaining companies in Kansas:
Explore BizFilings' Services