2025 KAITC Qualified Business Applications may be submitted online starting October 1, 2024 and will not be accepted after September 30, 2025 for Calendar year 2025.
Investments made to a qualified Kansas business prior to written approval of award of tax credits by KDC will not be eligible for tax credits.
An LLC or any other permitted entity investor must provide documentation that demonstrates it was established and is operated for the sole purpose of making investments in other entities per K.S.A. 74-8132(g)
Investment through multiple permitted entities (e.g. LLC-1 to LLC-2 to Qualified Kansas business or Trust to LLC to Qualified Kansas Business) will not be allowed.
All the equity owners or Benefactors of the permitted entity investor must be accredited individual investors.
The qualified Kansas business must maintain its headquarters and qualifying operations in Kansas for a minimum period of five (5) years unless they are a bioscience business then, ten (10) years as required by KSA 74-8136(g) and an agreement between the qualified Kansas business and KDC must be signed prior to issuance of tax credits
Application and Registrations Fees authorized by K.S.A 74-8133(f) and are Nonrefundable
Application review and tax credit certificate issuance requests will not be processed until the associated fees are received by KDC
Payments – 2024 Fee Schedule
$250 Qualified Business Application Fee (companies that apply for designation as a qualified Kansas business)
$150 Investor and Credit Transferee Registration Fee (investors or the transferees of investors requesting the issuance of Kansas tax credit certificates)
$50 Lost Tax Credit Certificate Replacement Fee
KAITC program fees are paid online at the time of Application or Registration. All fees are non-refundable.
*A 2.5% service fee will be applied to online Credit and Debit Card payments (2.5% of the total charge)
**A $1.50 service fee will be applied to ACH payments