How to Start a Business in Utah (Step by Step Guide)
Are you thinking about starting your own business in Utah? If so, then you have come to the right place!
On this page, you can find step by step DIY instructions on how to incorporate your business in Utah. From selecting the business entity type to forms to be filled, we have covered it all.
Let’s get Started
The first step in setting up your business is to select the business structure.
Broadly there are 4 types of business entities that can be registered:
- Limited Liability Company (Most Popular)
- Corporation
- Sole Proprietorship
- Partnership
Each business structure differs on the basis of taxation, asset liability and estate planning. We have written a detailed tutorial on how to choose a business entity type for your business here.
Below we have given a broad outline of the steps involved in registering an LLC or Corporation in Utah.
Clicking on each step, opens up a detailed guide on how to complete it.
| Agency Responsible | Utah Division of Corporations & Commercial Code |
| Form(s) to be filled | Certificate of Organization |
| Mode | Mail, Online, In-peron, Fax |
| Name Reservation | Optional, Fee $22 (Mail) |
| Filing Fee | $70 + Expedite fee $75 (optional) |
| Time | By mail: 2 weeks, Online: 1 day (Option to expedite available) |
| Law | Chapter 3a, Utah Revised Uniform Limited Liability Company Act |
Summary:
- Search for business name availability
- File for Business name reservation (Optional)
- Select a Registered Agent
- Fill Certificate of Organization
- Prepare an Operating Agreement
- Get an EIN Number (IRS Form SS-4)
- Obtain Utah Tax ID number
- Get business permit and license
- File Annual Report (Ongoing)
| Agency Responsible | Utah Division of Corporations & Commercial Code |
| Form(s) to be filled | Articles of Incorporation |
| Mode | Mail, Online, In-peron, Fax |
| Name Reservation | Optional, Fee $22 (Mail) |
| Filing Fee | $70 + Expedite fee $75 (optional) |
| Time | By mail: 2 weeks, Online: 1 day (Option to expedite available) |
| Law | Utah code 16-10a-120 |
Summary:
- Search for a Business Name
- File for Business Name Reservation (Optional)
- Select Registered Agent
- Fill Articles of Incorporation form
- Create Company Bylaws
- Get Federal EIN Number
- Obtain Utah Tax ID number
- Get business permit and license
- File Annual Report (Ongoing)
References:
https://law.justia.com/codes/utah/2011/title48/chapter2c/
https://law.justia.com/codes/utah/2011/title16/chapter10a/
Last fact-checked on 25/07/2018