A distinctive and memorable name is crucial when launching a company. But before settling on a name for your company, make sure Kansas doesn’t already have a company with that name. Here’s how to find out if a company name is already in use in Kansas.
1. Perform a name search
The Kansas Business Center name search should be done first. You may look up registered business names in Kansas using this online database. Visit the Kansas Business Center website, select “Business Entity Search,” then type the desired company name to do a name search. The name will show up in the search results if it is already taken.
You should check the U.S. Patent and Trademark Office database in addition to the Kansas Business Center to discover if the name is already trademarked. Even though a business name is accessible in Kansas, it can still be protected by a trademark, making it impossible for you to utilize it for your operations. Visit the U.S. Patent and Trademark Office website and run a trademark search to look for trademarks.
You must apply for a Business Entity ID Number after ensuring that Kansas allows the use of your preferred business name. This number is a special identification code that the state of Kansas has given to your company. Visit the Kansas Business Center website, choose “Start a Business,” and then adhere to the on-screen instructions to register for a Business Entity ID number.
4. Modify the name of your company
You can change your business name after you have already registered your company in Kansas by filing an amendment with the Secretary of State. Visit the Kansas Business Center website, select “Amend a Business,” and then follow the on-screen instructions to submit an adjustment. To file an amendment, you must pay a fee.
The cost of running an LLC in Kansas varies depending on a variety of variables, including the company’s annual revenue and the number of members. All LLCs must submit an annual report to the state of Kansas, which costs $55. Additionally, a $40 biannual report fee is charged to LLCs with more than one member. LLCs must pay an additional $20 fee if their annual revenue is $1 million or more. Depending on the LLC’s reporting requirements, these fees must be paid annually or every two years. How Long Does It Take in Kansas to Form an LLC?
Depending on the form of registration selected, the processing time for an LLC in Kansas varies. The processing period for online LLC creation documentation is typically 1-2 business days. The processing period, if you choose to file by mail, may take up to two weeks. For an extra cost, you can expedite the procedure if you need your LLC formation documents handled right away.
In conclusion, picking a company name is a significant choice that calls for serious thought and research. You may make certain that the business name you want to use is accessible in Kansas by completing a name search and verifying the U.S. Patent and Trademark Office database. The next action is to apply for a Business Entity ID number, after which, if your company name has to be changed, you must file an amendment. The cost of establishing an LLC in Kansas varies based on a number of variables, and the time it takes to process an LLC in Kansas is based on the form of registration that is used.
Both a Limited responsibility Company (LLC) and a Limited Partnership (LP) are types of business structures, but they differ in how they are managed and how their owners are protected from responsibility.
An LLC is run by its members, who are the owners, or by management who have been hired. Because of the limited liability protection it offers, the members’ private assets are shielded from the company’s liabilities.
Contrarily, an LP has two different kinds of partners: general partners and limited partners. General partners are responsible for running the company and are also individually liable for its debts. On the other hand, limited partners make investments in the company but are only partially protected from liability and do not have managerial rights.
In conclusion, an LLC offers greater liability protection and a more adaptable management structure, but an LP offers more tax benefits and investment potential at the expense of increased general partner personal liability.