How do I set up a single member LLC in Utah?
Single Member LLC Post Formation in Utah
- Step 1: Draft and Sign an LLC Operating Agreement. First up, the operating agreement.
- Step 2: Get a Federal Tax ID (EIN)
- Step 3: Get a Business License.
- Step 4: File Annual Renewals.
- Step 5: Open a Business Bank Account.
- 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
- STEP 1: Name Your Utah LLC. Choosing a company name is the first and most important step in setting up a Utah LLC.
- STEP 2: Choose a Utah Registered Agent.
- STEP 3: File the Utah LLC Certificate of Organization.
- STEP 4: Create a Utah LLC Operating Agreement.
- 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.