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Step 1: Decide on a Business Structure. ... Step 2: Pick a Business Name. ... Step 3: Register the Business. ... Step 4: Obtain Your Federal Employer Identification Number. ... Step 5: Open Company Bank and Credit Accounts. ... Step 6: Set-up An Accounting System. ... Step 7: Obtain Licenses and Permits. ... Step 8: Hire Employees (if applicable)
To start a corporation in Utah, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Division of Corporations & Commercial Code. You can file this document online, by mail or fax, or in person. The articles cost $70 to file.
To form your LLC or corporation, you will need to file your documents with the Utah Division of Corporations and Commercial Code.
Utah LLC Cost. It costs $54 to file your Certificate of Organization and form your Utah LLC. You will also need to consider the cost of your LLC's Annual Report, which is $20. Though those costs are low, you'll want to factor in the fees you'll pay for a registered agent and local or state licenses.
State Registrations Who Should Register Their Business? All businesses in Utah are recommended to register with the Utah Department of Commerce either as a "DBA" (Doing Business As), corporation, limited liability company or limited partnership.
Is an operating agreement required in Utah? Utah doesn't specifically require LLCs to enter into an operating agreement. However, in the absence of one, your LLC will be governed by the Utah Revised Uniform Limited Liability Company Act.
The filing fee for both in-state and out-of-state entities forming LLCs is $70. Remittance should be made payable to the state of Utah. It costs $75 to expedite the process. You may submit documents online, directly to the Division of Corporations and Commercial Code, or mail them to P.O. Box 146705.
Register Your Company There is a $22 fee to complete the form, which can be done as a paper application or via the online portal. It costs $54 to file articles of organization and articles of incorporation and $70 for the other forms.