You might require a copy of your certificate of organization at some point if you own a business in Utah. This record demonstrates that your business is legitimately registered with the state. You can get a copy of your organization’s certificate by following these steps:
The state agency in charge of business registration and record-keeping is the Utah Division of Corporations and Commercial Code. To find the required forms and information, go to their website at https://corporations.utah.gov.
You must complete a form titled “Request for Certificate of Existence or Authorization” in order to get a copy of your certificate of organization. Basic information about your company, including the name and address, is requested on this form.
You must pay a charge to get a copy of your organization’s certificate. The cost will be $20 as of 2021. You can mail a check or pay online. 4. Hold off on processing. The Utah Division of Corporations and Commercial Code will process your request after receiving your money and request. Within a few weeks, you ought to receive a copy of the organization’s certificate in the mail.
You might also need to file articles of organization with the state of Utah in addition to the certificate of organization. These records define the management and organizational structure of your business. You must:
The name of your firm must be original and not in use by another corporation in Utah.
On the website of the Utah Division of Corporations and Commercial Code, you can download the required form. The form requests basic firm details including name, address, and organizational structure.
In Utah, submitting articles of organization will cost you $70 as of 2021.
The Utah Division of Corporations and Commercial Code will process your request after receiving your articles of organization and payment. Within a few weeks, you ought to get written confirmation of your company’s registration.
Another document that demonstrates your business is legitimately registered with the state of Utah is a certificate of existence. This record is often referred to as a certificate of authority or a certificate of good standing. The same procedures for acquiring a copy of your certificate of organization must be followed in order to receive a certificate of existence from the Utah Division of Corporations and Commercial Code. In Utah, you must get in touch with the local government organization that issued the license if you need a copy of your business license. Depending on where your firm is located, this can be a municipal or county government.
Last but not least, one benefit of the LLC form of business organization is that it offers owners of the company limited liability protection. This implies that the company’s obligations and legal liabilities are not personally owed by the owners. LLCs are a popular alternative for small enterprises because they are also fairly simple to set up and operate.
Utah treats LLCs as pass-through businesses for taxation. Accordingly, the earnings and losses of the LLC are passed through to the individual members, who then report them on their individual tax returns, rather than the LLC itself paying taxes on its revenue.