Why incorporate in utah

If you decide to form an LLC in Utah, incorporate. We'll research the availability of your company name and help you prepare and file your Articles of Organization with the Utah Department of Commerce.

We can also take care of many of your company's follow-up needs, including annual report preparation and filing. Here are some helpful facts about Utah's LLC requirements :. Utah requires Limited Liability Companies to have names that can't be confused with any other profit or non-profit corporate names or the names of any limited liability company, limited partnership, general or limited partnership, or any forced fictitious names, assumed names, trademarks and service marks.

When you form your LLC with incorporate. Permitted designations: Utah LLC names may be followed by several approved designations, including:.

Restricted words: The use of certain words in LLC names is "restricted" in Utah, meaning special approval by the state is required. Expedited filings, which require an additional fee, typically take business days. Time to file: LLCs must file their annual report and renewal form with the Utah Department of Commerce on or before the date that marks the anniversary of organization. Before your business can legally begin to operate, you must satisfy its license, permit, and tax registration requirements.

Almost all state, county, and local governments require businesses to obtain one or more licenses and permits. Additionally, selling taxable goods and services or hiring employees requires that you register with tax authorities. All business license, permit, and tax registration requirements vary by your industry and location. Learn More. Celebrate Small Business Month!

New Order? Existing Order? Toggle navigation. By listing us, you can keep your own address off of public documents like your Utah Articles of Incorporation. After registering your corporation in Utah, your business needs to meet to finish organizing. At this organizational meeting, your corporation can appoint officers, issue stocks to shareholders and create corporate bylaws.

To help you organize your corporation, we include free, custom bylaws in our formation package. Can I hold my organizational meeting in another state? Organizational meetings can be held within or outside of Utah. How do I get an EIN? You can apply directly from the IRS at no cost. Some occupations, from accountants to veterinarians, require professional licenses. You can check for requirements on the Utah Division of Occupational and Professional Licensing website.

You may also need additional licenses or permits depending on your business activities. For example, retailers and wholesalers need a sales tax ID.

Visit Utah. The Utah Annual Report also called a Renewal Form is a yearly form your corporation submits to renew your Utah business registration. You can simultaneously submit a free Registration Information Change Form to update the state on any changes to your business. When is my annual report due? So, if you incorporated on March 23, , your first annual report will be due March 23, How do I submit a Utah Annual Report? What is the filing fee for the Utah Annual Report?

What happens if I submit my Utah Annual Report late? Corporations remaining in default may lose all protections and privileges in Utah. The first nonlawyer-owned law firm in the United States, Law on Call provides instant and affordable access to legal advice and services.

This sample is not intended to substitute nor replace the advice of legal counsel. You may utilize the following sample of incorporating articles to aid in drafting articles of your own. Section a The bold print is the wording that would actually appear in articles of incorporation. All other print is merely explanatory or instructional assistance.

We, the undersigned, persons acting as incorporators under the Utah Revised Business Corporation Act, adopt the following Articles of Incorporation for such Corporation:. One or more persons either natural persons or legal entities may act as incorporators.

An incorporator who is a natural person must be at least 18 years old. The name of the corporation is Pet Grooming, Inc. The corporation name must contain the word or abbreviation of the word "Corporation," "Company," or "Incorporated. The specific purposes but not limited to, for which the corporation has been formed are enumerated.

The purpose or purposes for which the corporation is organized is to engage in all aspects of pet grooming. The corporation shall further have unlimited power to engage in and do any lawful act concerning any and all lawful business for which corporations may be organized under the Utah Business Corporation Act and any amendments thereto.

A general statement that the purpose of the corporation is to engage in any lawful act is acceptable. The capital is expressed in terms of the number of shares authorized.

This is usually stated as follows:. The corporation shall have authority to issue One Hundred Thousand , shares of stock which stock shall be of one class only which shall be common voting stock. The common stock shall have unlimited voting rights provided in the Utah Revised Business Corporation Act.

If only one class of shares is authorized, only the number of shares authorized needs to be disclosed. If more than one class of shares is authorized, each class must be given a distinguishing designation with a description of the respective rights of each class.

Please consult legal counsel on how to approach this matter. The address must be a Utah street address. A Post Office Box is not permitted. The address of the corporation's initial registered office shall be:.

The corporation's initial registered agent at such address shall be:. The registered agent must be either an individual residing in Utah, or a corporation or limited liability company authorized to transact business in Utah.