Utah Sample Letter for Information regarding Corporation
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How to fill out Sample Letter For Information Regarding Corporation?
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Deciding Between a Utah C-Corp or S-Corp Tax Designation Ownership Rules: A C Corp can have unlimited shareholders and unlimited stock classes. An S Corp is limited to a maximum number of shareholders, usually 100, and only one stock class. Taxes: A C Corp is taxed separately.
Initial Utah Corporation Filing Fees State FeeState Filing TimeExpedited Filing Time$543 Weeks7 Business DaysState Fee$54State Filing Time3 WeeksExpedited Filing Time7 Business Days
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.
A corporation is formed in the state of Utah by filing Articles of Incorporation in duplicate with the Division of Corporation and Commercial Code, together with the appropriate fee.
The articles should include: The corporation's name, location, and purpose. The number of shares the corporation is authorized to issue. The registered agent's name and registered office's address. Each incorporator's name and address. The names of each initial director. The corporation's purpose and primary activities.
Articles of Incorporation Utah Name of the corporation. Type of entity. Corporate purpose. Corporate mailing and street address. Name, street, and mailing address of the registered agent. Incorporator's name and address. The number of shares* authorized by the corporation and their class, rights, and restrictions.
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Except as provided in Subsection (1)(b), a corporation's board of directors shall consist of a minimum of three individuals. Before any shares are issued, a corporation's board of directors may consist of one or more individuals.