Reminder – Annual Report Filing: Is your company in good standing?

If you need more information on this issue or would like to know more about trademarks and trade names, Business Law Advisors would be glad to talk to you.  Please call us at 913-647-7522.

Now is the time for you to start thinking about filing the required annual report for your company (corporations in Kansas and Missouri and limited liability companies in Kansas), so that your company stays in legal good standing. If you do not timely file an annual report, your company’s charter will be forfeited and you will face monetary penalties in order to be reinstated so that you can continue to do business in the state.

You can file your annual report online in both states through the website of the appropriate Secretary of State. Here are links to get you started:

Kansas:        https://www.kansas.gov/annual-reports/index.do

Missouri:     http://s1.sos.mo.gov/business/corporations/generalInfo#annualReports

This is also a good time for businesses to review their corporate or limited liability company records and assure that they are up to date. You may be asked to produce these documents within a short time frame and you want to be sure that they accurately reflect the care with which you manage your business entity. A records request can come from a bank or other lender, a potential investor, a potential buyer or seller, the government if you wish to become their contractor or even an opposing lawyer in a business dispute. You will not want to delay an important transaction because of issues with your company documents.

The lawyers at Business Law Advisors would be glad to assist you with any company filings or records.

Business Law Advisors provides material for informational purposes only. The material provided herein is general and is not intended to be legal advice. The choice of a lawyer is an important decision and should not be based solely upon advertisements.

If you need more information on this issue or would like to know more about trademarks and trade names, Business Law Advisors would be glad to talk to you.  Please call us at 913-647-7522.

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PH Business Law Advisors, LLC