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Follow these five steps to start a Utah LLC and elect Utah S corp designation: Name Your Business. Choose a Registered Agent. File the Utah Certificate of Organization. Create an Operating Agreement. File Form 2553 to Elect Utah S Corp Tax Designation.
A sole proprietorship is a business owned by only one person.
Under Utah law, corporations are not required to adopt bylaws. However, they can be very helpful and are viewed by some as necessary.
Yes, you can be your own Registered Agent in Utah as long as you meet the state requirements. (Unfortunately, most Registered Agent Services and LLC filing companies hide this information.) We explain the pros and cons below so you can make your own decision.
Sole Proprietorship This is a business run by one individual for their own benefit. It is the simplest form of business organization. Proprietorships have no existence apart from the owners.