Kansas Lc 50 Template Prepare Form Here

Kansas Lc 50 Template

The Kansas LC 50 form is the annual report required for Limited Liability Companies (LLCs) operating in Kansas. This form must be completed accurately and submitted with the appropriate filing fee to maintain your business's active status. To avoid penalties and forfeiture, it's crucial to file the LC 50 on time; you can begin this process by clicking the button below.

The Kansas LC 50 form is a crucial document for Limited Liability Companies (LLCs) and 50 Series Limited Liability Companies operating in Kansas. This annual report serves multiple purposes, including updating the state on the company's status and ensuring compliance with state regulations. Each business must complete the form accurately and submit it along with the required filing fee of $55 to avoid penalties. Timeliness is essential; the annual report must be filed by the due date, which corresponds with the filing of the Kansas tax return. Failure to file within 90 days of the due date can lead to forfeiture of the business status. The form also allows for the correction of previously submitted information, provided the necessary steps are taken. Whether the LLC is domestic or foreign, the LC 50 form facilitates transparency by requiring details about members who own a significant share of the company. It's important to remember that all information submitted is part of the public record, accessible to anyone. To streamline the process, online filing options are available, helping businesses save time and stay informed about their filing requirements.

Kansas Lc 50 - Usage Instruction

Filling out the Kansas LC 50 form is a straightforward process. Ensure you have all necessary information and the filing fee ready before you begin. After completing the form, you will need to mail it to the Kansas Secretary of State for processing.

  1. Locate your Business Entity ID/File Number. This is not the Federal Employer ID Number (FEIN).
  2. Enter the name of your LLC or Series LLC. This must match the name on record with the Kansas Secretary of State.
  3. Fill in the tax closing date, specifying the month and year.
  4. Indicate the state of organization.
  5. List the names and addresses of each member who owns 5% or more of the capital. If you need more space, attach an additional sheet. Note that foreign LLCs do not need to provide this information.
  6. Sign the form, declaring under penalty of perjury that the information is true and correct. Print or type the name of the signer.
  7. Include a phone number if desired, although it is not required.
  8. Review the completed form to ensure all sections are filled out correctly.
  9. Print the form and do not staple any documents or checks.
  10. Mail the completed form along with a check or money order for the $55 filing fee to the Kansas Secretary of State.

Dos and Don'ts

When filling out the Kansas LC 50 form, it’s crucial to follow specific guidelines to ensure your submission is accepted. Here’s a list of things you should and shouldn’t do:

  • Do file your forms online at sos.ks.gov to save time and money.
  • Do include the correct filing fee of $55 with your submission.
  • Do ensure the name of the LLC matches the record with the Kansas Secretary of State.
  • Do provide accurate information for each member owning 5% or more of the capital, if applicable.
  • Do file the annual report by the due date to avoid forfeiture of your business.
  • Do sign the form to declare the information is true and correct.
  • Don’t use staples to attach documents or checks; this can delay processing.
  • Don’t send cash as payment; only checks or money orders are accepted.
  • Don’t forget to file a Corrected Document form if you need to amend previously submitted information.
  • Don’t ignore the public nature of the information you provide; it will be accessible to the public.

Following these guidelines will help ensure your form is processed smoothly and efficiently.

Form Properties

Fact Name Description
Filing Fee The annual report requires a filing fee of $55. If the report is part of a reinstatement due to forfeiture, a different fee may apply.
Due Date The annual report must be filed by the due date prescribed for the annual Kansas tax return, typically April 15 for businesses with a December tax closing month.
Forfeiture Consequences If the annual report is not filed within 90 days after the due date, the business will be forfeited in Kansas, requiring a reinstatement process to return to good standing.
Governing Law The Kansas Lc 50 form is governed by K.S.A. 17-76,139, which outlines the requirements for filing annual reports for limited liability companies.

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Preview - Kansas Lc 50 Form

Please

 

Not

 

DoStaple

 

kansas secretary of state

LC

 

 

 

 

Limited Liability Company or

 

50

Series Limited Liability Company

 

 

 

Annual Report

 

 

 

 

 

 

 

GENERAL FILING

 

 

 

INSTRUCTIONS

 

 

 

 

The following form must be complete and accompanied by the correct filing fee or the document will not be accepted for filing.

Save time and money by filing your forms online at sos.ks.gov. There, you can also stay up-to-date on your organization’s status, annual report due date, and contact addresses.

oFiling fee

oPayment

oDue date

oForfeiture date

oAmending annual reports

oAdditional information

oDomestic and foreign

The filing fee for the annual report is $55. If you are filing this annual report as part of a reinstatement due to forfeiture, you may owe a different fee (fees are listed with the reinstatement form). For more information, please call (785) 296-4564.

Please enclose a check or money order payable to the Secretary of State. Forms received without the appropriate fee will not be accepted for filing. Please do not send cash. NOTICE: There is a $25 service fee for all checks returned by your financial institution. Also, to expedite processing, please do not use staples on your documents or to attach checks.

The annual report shall be filed at the time prescribed by law for filing the annual Kansas tax return.

If the annual report is not filed and the appropriate fee is not paid within 90 days following the due date, the business will be forfeited in Kansas. If the forfeited business wishes to return to active and good standing status, a reinstatement process is required and penalties will be assessed. EXAMPLE: If the tax closing month is December, the due date is April 15, and the forfeiture date is July 15. A business must file the annual report and pay the annual report fee on or before the forfeiture date to avoid forfeiture.

If you wish to correct information that was erroneously provided on a previously filed annual report, file a completed Corrected Document form COR with a complete and correct new Annual Report form LC and submit with a $55 filing fee.

If additional space is needed, please provide an attachment.

Use this form to file for both domestic or foreign entities.

Inst.

K.S.A. 17-76,139

Please proceed to form.

Rev. 10/18/21 nw

 

Please

 

 

Not

 

 

DoStaple

 

kansas secretary of state

LC

 

 

 

 

Limited Liability Company or

 

50

Series Limited Liability Company

 

 

 

Annual Report

 

 

 

 

 

 

 

Memorial Hall, 1st Floor

(785) 296-4564

 

 

120 S.W. 10th Avenue

kssos@ks.gov

 

 

Topeka, KS 66612-1594

sos.ks.gov

 

 

 

 

 

1.

Business entity ID/file

This is not the Federal Employer ID

 

number

Number (FEIN).

2.

Name of LLC or

Must match name on record with

 

series LLC

Kansas Secretary of State.

Print

 

Reset

 

 

 

Please complete the form, print, sign and mail to the Kansas Secretary of State with the filing fee. Selecting 'Print'will print the form and 'Reset'will clear the entire form.

THIS SPACE FOR OFFICE USE ONLY.

3.Tax closing date

Month

Year

4.State of organization

5.Name and address of each member who owns 5% or more of capital*

If additional space is needed, please provide attachment.

*Foreign (non-Kansas) LLCs are not required to list membership and may skip this question.

Name

Address

 

 

 

 

 

 

City

State

Zip

Country

 

 

 

 

Name

Address

 

 

 

 

 

 

City

State

Zip

Country

 

 

 

 

Name

Address

 

 

 

 

 

 

City

State

Zip

Country

 

 

 

 

6.I declare under penalty of perjury pursuant to the laws of the state of Kansas that the foregoing is true and correct.

Signature of Authorized Person

X

Name of Signer (printed or typed)

Phone Number (Not required)

Please note that information provided on documents filed with the Secretary of State is public record that is subject to public access and disclosure (per K.S.A. 45-215 through K.S.A. 45-223).

1 / 1

K.S.A. 17-76,139

Please review to ensure completion.

Rev. 10/18/21 nw

 
➤ Kansas Lc 50 PDF Form

Misconceptions

When it comes to the Kansas LC 50 form, many people hold misconceptions that can lead to confusion or mistakes in the filing process. Here are ten common misunderstandings, along with clarifications to help you navigate this important document.

  1. The LC 50 form is the same as the Federal Employer ID number (FEIN). This is incorrect. The business entity ID/file number on the LC 50 form is distinct from the FEIN, which is issued by the IRS.
  2. All LLCs must list their members on the form. Not true for foreign LLCs. If your LLC is based outside of Kansas, you can skip the question about listing members who own 5% or more of capital.
  3. You can file the LC 50 form anytime during the year. This is misleading. The annual report must be filed by the time prescribed for filing the annual Kansas tax return to avoid forfeiture.
  4. Filing the LC 50 form is optional. This is a misconception. Filing the annual report is mandatory. Failure to file can result in the forfeiture of your business.
  5. You can submit the LC 50 form without payment. This is incorrect. The form will not be accepted unless it is accompanied by the correct filing fee of $55.
  6. Stapling the documents is allowed. Actually, you should not staple any part of the submission. Staples can hinder processing.
  7. There is no penalty for late filing. This is false. If the annual report is not filed within 90 days of the due date, your business may be forfeited, and penalties will apply during reinstatement.
  8. You can change the information on the LC 50 form after submission without additional steps. This is not accurate. To correct any errors, you need to file a Corrected Document form along with a new LC 50 form and the filing fee.
  9. It’s okay to send cash for the filing fee. This is a misconception. Cash should never be sent; only checks or money orders are acceptable.
  10. Once filed, the information on the LC 50 form is private. This is misleading. The information provided is public record and can be accessed by anyone.

Understanding these points can help you avoid pitfalls when filing your Kansas LC 50 form. It’s always best to double-check your information and ensure compliance with the filing requirements.

Documents used along the form

When filing the Kansas LC 50 form, several other documents may also be required or beneficial for your business. Understanding these forms can help ensure compliance and streamline your filing process.

  • Corrected Document Form (COR): This form is used to amend information that was incorrectly reported on a previously filed annual report. It must be submitted alongside a new LC 50 form and the appropriate filing fee.
  • Reinstatement Form: If your business has been forfeited due to failure to file the annual report, this form is necessary to reinstate your LLC. It includes specific fees and requirements that must be met for your business to return to good standing.
  • Certificate of Good Standing: This document verifies that your LLC is compliant with state regulations and has met all filing requirements. It can be important for business transactions or when applying for loans.
  • Your Texas Benefits Form: Completing this form accurately is essential for continuing to receive support in Texas, including food assistance and healthcare services. For more information, visit Texas Documents.
  • Articles of Organization: This foundational document outlines the establishment of your LLC. It includes essential details about the business, such as its name, address, and the names of its members. It is typically filed when the LLC is first created.
  • Annual Tax Return: The annual report must be filed in conjunction with your business's tax return. It is essential to ensure that both documents are submitted on time to avoid penalties or forfeiture.

Being aware of these forms and their purposes can aid in maintaining your LLC's compliance and good standing in Kansas. Proper documentation is crucial for smooth operations and legal protection.