How to Incorporate a Business in Utah (UT)
There are three ways to incorporate your business in Utah: hire a lawyer to do the job for you (a very expensive option), walk in to the State Department office and do it by yourself or to use a professional incorporation company, like Active Filings. Whatever method you chose, this section will provide you the basic information you need to know about Utah filings.
Utah Articles of Incorporation Requirements
Corporate Name Endings
The name must contain the word “corporation”, “incorporated” or “company” or abbreviation thereof, or words or abbreviations of with the same meaning in another language. The name must be distinguishable from name of any domestic corporation or authorized foreign corporation, domestic or foreign limited liability company or partnership, or any reserved or registered name in the state of Utah.
Director Information
* Minimum Number – Minimum of three directors, however, if the corporation has fewer than three shareholders, number of directors may be equal to or greater than number of shareholders.
* Residence Requirements. – No provision.
* Age Requirements – Eighteen or older.
* Directors are not required to be listed in the articles of incorporation.
Officer Information
* The officers are not required to be listed in the articles of incorporation.
Stock Information
* No extra filing fees based on number of share or amount of par value.
Yearly Requirements
* Annual Statements
* To Division of Corporations and Commercial Code no later than the end of the second month following the month in which the report form is mailed by the Division. The annual report fee is $10.
Income Tax Rate
* 5% of net income. Minimum tax, $100.
For more information on taxes, visit www.tax.ex.state.ut.us
Cost of Incorporating in Utah
ONLY $59.00 + State Fees!
Incorporate your business online. Start Here:
