WHAT IS AN ANNUAL REPORT:
An annual report is a comprehensive document that summarizes all the financial and business activities of a company throughout the year. It also contains information regarding the directors, shareholders, directors, managers, employees, registered office, registered agents of the company.
WHY DO WE NEED TO FILE AN ANNUAL REPORT:
In order to keep yourself updated with the latest information with the secretary of state, it is required to file an updated annual report with the state. If you are registered as a business, i.e. as a Corporation, LLC, you need to file an annual report with the state’s secretary of state regardless of the size of your business. It is mandatory for all US businesses to update company information through annual reporting.
WHEN TO FILE AN ANNUAL REPORT:
Filing of annual report varies from state to state and business to business. You need to find your respective state filing requirement from the website. In some states, annual report is file at a date specified by the secretary of state irrespective of when you have incorporated your business while in rest of the states, it is filed on the same date as you registered your business.
HOW TO FILE KANSAS ANNUAL REPORT:
All LLCs, Corporations and no-profit organizations doing business in Kansas must file an annual report every year in order to comply with the state requirements and avoid penalties and fines.
Annual report can be filed manually on a paper form (form available on Secretary of State website) or electronically on the Secretary of State website.
HOW WE CAN HELP YOU:
You can also hire our professional services for doing this task on your behalf. For professional service hiring you have to do the following:
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You need to fill up a simple online questionnaire about your business.
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Our team will prepare the required annual report paperwork based on the filled questionnaire.
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Your annual report will be filed with the state by our team, meanwhile you will receive all documentation related to reporting.
PRE REQUISITES TO FILE AN ANNUAL REPORT IN KANSAS:
In order to file an annual report electronically, you are required to provide the following:
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Provide your business entity ID: Enter your business ID number as registered with the Secretary of state.
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Enter the complete name of your business: Your company’s name along with the type of business such as LLC, Corporation or non profit.
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Provide your mailing address: Enter your full name along with your mailing address. This could me your home or office complete address.
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Enter your Tax closing date: On this date, your income tax returns are due to be submitted. Tax closing date depends upon when your fiscal year is ending. For example, if your company’s fiscal year ending in December, then your Tax closing date is December.
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Enter your state of Company’s registration: Where your LLC, Corporation is incorporated and registered.
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Companies are required to include the following information:
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Name, title, addresses of directors
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Name, title, addresses of employees
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Federal Employer identification number
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Nature and purpose of the business
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Amount of share capital, numbers of shares issued.
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Disclosure regarding shareholding of 50% or more in any other business in the state of Kansas.
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ANNUAL REPORT FILING REQUIREMENTS IN STATE OF KANSAS:
Limited Liability Companies and Partnerships:
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Due Date
15th of 4th month (i.e. April 15th) yearly after the close of your fiscal year.
How to file
By mail or online
Filing fee
50$ online, 55$ by mail.
Penalties for late filing
None
For Corporations:
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Due Date
15th of 4th month (i.e. April 15th) yearly after the close of your fiscal year.
How to file
By mail or online
Filing fee
50$ online, 55$ by mail.
Penalties for late filing
None
For Non Profit Corporations:
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Due Date
15th of 6th month yearly (i.e. June 15th) after the close of your fiscal year.
How to file
By mail or online
Filing fee
$40
Penalties for late filing
If not filed within 90 following due dates, business license will be revoked in the Kansas.
