Incorporate your business in Utah;
Our Incorporation information is to help you with the small
business startup process. The Utah Incorporation info can
help answer questions like "How do I form an LLC in Utah?"
or "What type of Incorporation entity should I be? An Utah
S-Corporation or an Utah C-Corporation?" or "What are the
requirements for an Utah Corporation?" It's easy to set up
an Utah Corporation with our Incorporation Software. It has
this and other Incorporation info right on the software. So
once you know, your ready to go!
Corporate Name Endings
The name must contain the word "Corporation,"
"Incorporated," "Company," or an abbreviation thereof, or words
or abbreviations with the same meaning in another language.
It must be distinguishable from the name of any domestic corporation,
authorized foreign corporation, domestic or foreign limited
liability company or partnership, or reserved or registered
name in the state of Utah.
Corporation Requirements
Director Information
Minimum Number - Not less than three, unless there
are only one or two shareholders of record; then the
number of directors may be less than three but not less
than the number of shareholders.
Residence Requirements - No provision.
Age Requirements - Directors must be a natural person
at least 18 years of age.
Directors are not required to be listed in the articles
of incorporation.
Officer Information
Officers are not required to be listed in the articles
of incorporation.
Stock Information
An increase in shares or par value does not affect
initial filing fees.
Corporate Records
The articles of incorporation, bylaws, minutes of
all shareholders' meetings, records of actions taken
without meeting for the past three years, the names
and addresses of current directors and officers, the
most recent annual report, and financial statements
prepared for periods ending during the last three years
must be kept at the principal office of the corporation.
Tax and Fees
Annual Statements
An Application for Renewal must be filed with the
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
The tax rate is 5% of net income. The minimum tax
is $100.
S Corporation
S Corporation status is recognized by the State of
Utah. A separate state election from the federal election
is not required.
License Requirements
Utah requires most businesses to obtain a license
and pay a fee if operating in the state. Please check
with the state to make sure your business is complying
with the license requirements for your particular profession.
