There are several reasons why a Utah business owner might desire to change their DBA (doing business as) name. Maybe you wish to grow your services or rebrand your company. Whatever the reason, it’s crucial to understand how to modify your DBA name in Utah.
The Utah Division of Corporations and Commercial Code requires that you first submit an Application for Registration of Business Name. You can submit this application either online or in person at the Utah Division of Corporations and Commercial Code office. The application’s filing fee is $22.
You will be given a Certificate of Registration of Business Name if your application is accepted. This certificate must be published in a newspaper with general distribution in the county where your company is located. Within 60 days of receiving the certificate, you must post it. You will receive an affidavit of publication from the newspaper, which you must submit to the Utah Division of Corporations and Commercial Code.
It’s crucial to understand that changing your DBA name does not alter the nature of your company. You must submit the necessary papers to the Utah Division of Corporations and Commercial Code if you wish to alter the type of company entity you are, for example, from a sole proprietorship to an LLC.
You must register a DBA name with the Utah Division of Corporations and Commercial Code if you are doing business in Utah under a name other than your legal name.
In Utah, the state income tax rate for LLCs is 4.95%. However, LLCs have the option of choosing between partnership or corporation taxation.
In Utah, forming an LLC requires paying a $70 filing fee. Your LLC registration must be renewed each year for a charge of $15.