Steps to Forming a Kansas Corporation
Information We Need From You to Start Your Corporation
1: Select a Name: Your company name must contain one of the following words: Association, Church, College, Company, Corporation, Club, Foundation, Fund, Incorporated, Institute, Society, Union, University, Syndicate, or Limited, or one of the following abbreviations: Co., Corp., Inc., Ltd.
2: Authorize Shares: Corporations are owned by shareholders, who own shares of stock in the company. Kansas requires you to state the number of shares you are going to initially authorize, and (if you want one) a par value for those shares. Generally speaking, you would authorize a small number of shares, say 100, and issue 51% of those shares to yourself at the first shareholders meeting. The par value is not the actual value of the stock, but instead the lowest price it can be sold for (you can simply declare that your shares are without par value).
3: Choose Management: Corporations are run by their Directors, who oversee the major business decisions such as company policy, appointment of corporate officers (President, Treasurer, Secretary), setting salary,etc. Generally speaking, you would appoint yourself the sole Director and take on the roles of the corporate officers.
4: Remaining Info Needed to File:
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Nature of the business: the lawful business you intend to perform.
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Resident Agent: a resident agent (also known as a registered agent) in Kansas must maintain a physical street address within the state. This is known as a registered office. It cannot be a PO box. Speedy filings come with one free year of Kansas resident agent service by Northwest Registered Agent. This service keeps your private home and office address out of the public record and fulfills your resident agent, mailing and principal address requirements.
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Steps to Forming a Kansas LLC
Information We Need From You to Start Your LLC
1: Select a Name: Your company must include one of the following: Limited Company, Limited Liability Company, L.C., L.L.C., LC, or LLC. If you want to see if your company name is available, you can conduct a Kansas business name search.
2: Membership: LLCs are owned by their members. Unlike a corporation, members receive no stock in the company. Instead, they are given an ownership percentage. The percentage is usually, though not always, in proportion to what they have invested in the company.
3: Choose Management: LLCs are usually managed by their members, who take on overseeing company policy and the daily business activities. However, members can also elect to appoint a manager to run the company. Managers can be either members or outside parties.
4: Remaining Info Needed to File:
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Resident Agent: legal resident agents (also called a registered agent) must maintain a physical street address in the state of Kansas. This is known as a registered office. It cannot be a PO box. Our Speedy filings come with one free year of resident agent service. This free service keeps your private home and office addresses off the public record and fulfills your resident agent, mailing and principal office requirements.
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Effective date: if you want the official formation date of your LLC to be a day after the filing date, you can specify a date (cannot be more than 90 days after filing date).
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Duration: if you want your LLC to dissolve on a specific day in the future, you can specify that date, otherwise the duration will be considered perpetual.
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Testimonials
“I can’t rave enough about your service – quick, simple and super professional. A lot of companies could take a lesson from you.” – Albert F., Ashland, Kansas
“I was very pleased with your service. Quick responses to emails and the corporate kit turned out to be a great business tool.” – John P., Wichita, Kansas
“Glad to find a company who actually lives up to their promises. What a great and easy way to incorporate. No waiting in line and professionally done.” – Frank C., Ellsworth, Kansas