TheGrandParadise.com Mixed How do I set up a single member LLC in Utah?

How do I set up a single member LLC in Utah?

How do I set up a single member LLC in Utah?

Single Member LLC Post Formation in Utah

  1. Step 1: Draft and Sign an LLC Operating Agreement. First up, the operating agreement.
  2. Step 2: Get a Federal Tax ID (EIN)
  3. Step 3: Get a Business License.
  4. Step 4: File Annual Renewals.
  5. Step 5: Open a Business Bank Account.
  6. Step 6 (Optional): File “Doing Business As” Registration.

How long does it take to file an LLC in Utah?

You can get an LLC in Utah in 2 business days if you file online (or 2-3 weeks if you file by mail).

How much does an LLC cost per year Utah?

Cost Comparison Between States

States Filing Fee Annual/Biennial Fee
Utah $70 $20
Idaho $100 Free
Wyoming $102 $50
Colorado $50 $10

How do I start an LLC in Utah for free?

Starting an LLC in Utah is Easy

  1. STEP 1: Name Your Utah LLC. Choosing a company name is the first and most important step in setting up a Utah LLC.
  2. STEP 2: Choose a Utah Registered Agent.
  3. STEP 3: File the Utah LLC Certificate of Organization.
  4. STEP 4: Create a Utah LLC Operating Agreement.
  5. STEP 5: Get a Utah LLC EIN.

How do I set up an LLC in Utah online?

How much does an LLC cost per year?

As of 2022, the average LLC annual fee in the US is $91. Most states call this the Annual Report, however, it has many other names: Annual Certificate. Annual List of Members.

Who pays Utah income tax?

You must file a Utah TC-40 return if you: are a Utah resident or part-year resident who must file a federal return, are a nonresident or part-year resident with income from Utah sources who must file a federal return, or. want a refund of any income tax overpaid.