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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.
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 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 make amendments to your Utah Corporation, you must provide the completed Articles of Amendment to Articles of Incorporation (Profit) form, with the processing fee, to the Division of Corporations & Commercial Code by mail, fax or in person. If faxing your amendments, include the Fax Cover Letter.
The following are Utah's requirements for directors of corporations: Minimum number. Typically, corporations must have at least three directors. A corporation's board of directors may consist of one or more individuals before any shares are issued.
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.
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.
Three states are particularly known for having legal systems beneficial for businesses: Delaware, Nevada, and Wyoming. Advantages of forming a business in Delaware: Delaware offers businesses flexibility in setting up their corporate officers and board structures.