News & Updates

How Much Does It Cost To Maintain An LLC In Kansas?

How Much Does It Cost To Maintain An LLC In Kansas

Maintaining an LLC in Kansas involves various costs, including initial formation fees and ongoing compliance expenses.

Here’s a breakdown of the typical costs associated with maintaining an LLC in Kansas…

1. Initial Formation Fees

  • Filing Fee – The cost to file Articles of Organization with the Kansas Secretary of State is $160 as of the last update. This fee may be subject to change, so it’s essential to verify the current fee on the Secretary of State’s website.
  • Name Reservation Fee (Optional) – If you choose to reserve your LLC’s name before filing Articles of Organization, the reservation fee is $30.

2. Registered Agent Fee

  • Registered Agent Service – LLCs in Kansas are required to designate a registered agent with a physical address in the state to receive legal documents and official correspondence on behalf of the LLC. You can appoint yourself, another individual, or a registered agent service provider. Registered agent services typically range from $50 to $300 per year, depending on the provider and level of service.

3. Annual Report Fee

  • Annual Report – LLCs in Kansas are required to file an annual report with the Secretary of State and pay a filing fee. The annual report filing fee is $55 as of the last update. Failure to file the annual report by the due date may result in penalties or administrative dissolution of the LLC.

4. Business Licenses and Permits

  • Business Licenses – Depending on the nature of your business and its location, you may need to obtain various business licenses and permits at the local, county, and state levels. The cost of these licenses and permits can vary widely depending on the type of business and jurisdiction.

5. Professional Services

  • Legal and Accounting Fees – While not mandatory, many LLC owners choose to seek legal and accounting assistance to ensure compliance with state regulations, draft operating agreements, file taxes, and handle other legal and financial matters. The cost of legal and accounting services can vary depending on the complexity of your business and the expertise of the professionals hired.

6. Miscellaneous Costs

  • Miscellaneous Expenses – Other potential costs associated with maintaining an LLC in Kansas may include business insurance premiums, domain registration fees, website hosting fees, and office supplies.
  • Total Costs – The total cost of maintaining an LLC in Kansas can vary depending on factors such as the level of professional assistance needed, the number of business licenses required, and any additional services or expenses incurred. However, you can expect to pay several hundred dollars annually for ongoing compliance and administrative expenses.

It’s crucial to budget for these costs and stay informed about any changes to fees or regulations to ensure that your LLC remains in good standing with the state of Kansas.