The laws of the State of Kansas provide for the following types of business organization structures:
One of the most popular and common types is the Limited Liability Company.
A limited liability company (LLC) is a relatively new type of hybrid business structure permitted in most states. This type of structure provides the limited liability protection of a corporation and the tax efficiency and operational flexibility of a partnership.
The owners of the company are called its members, and the duration of the LLC is usually determined by its members in the incorporation documents and can be later increased. LLC members can be both legal entities and individuals. There are no residency requirements, and the minimum number of members is 1.
Every company needs to apply for tax registration and obtain a tax identification number (EIN).
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Services
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Fees (USD)
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Total cost of LLC incorporation (including preparation and provision of the company’s original constitutive documents and apostilled copies of such documents, share issue documents; not including Compliance fee)
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2 190
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Annual maintenance (starting from the second year), including provision of registered office address, but not including Compliance fee
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1 800
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Tax registration
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610
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Preparation of financial statements and audit
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Audit fees will depend on the company’s activities and volume of business done by the company, i.e. on the time spent by the auditor on processing the documents.
Charged at a rate of USD 200-400 / hour (depending on the qualification of the specialist involved). |
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Supporting the opening of a local bank account[3]
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from 3 500
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Compliance fee
Payable in the cases of: - incorporation of a company, - renewal of a company, - liquidation of a company, - transfer out of a company, - issue of a power of attorney to a new attorney, - change of director / shareholder / beneficial owner, except the change to a nominee director / shareholder, - signing of documents. |
350 (standard rate, includes the check of 1 individual)
+ 150 for each additional individual (director, shareholder, or beneficial owner) or legal entity (director or shareholder) if such legal entity is administered by GSL + 200 for each additional legal entity (director or shareholder) if such legal entity is not administered by GSL 450 (rate for high-risk companies, includes the check of 1 individual)100 (signing of documents) |
[1] For more information on the list of restricted company names, please contact our consultants.
[2] The fees are valid as of November 2024.
[3] Opening a local bank account is possible if a number of conditions are met. Please check the details with our consultants.