If you intend to run a business in Utah, you might be interested in learning how much it will cost to obtain a DBA. A business that conducts business under a name other than its legal name is referred to as “doing business as” (DBA) in legalese. The price to apply for a DBA in Utah varies depending on a number of variables, including the kind of business and the county where the business is situated. The cost of acquiring a DBA in Utah, whether a DBA is necessary in Utah, how to obtain a DBA certificate, the distinction between a DBA and an LLC, and how to register a business name in Utah are all covered in this article.
It is not necessary to submit a DBA application in Utah in order to run a business. However, you must submit a DBA application if you intend to run your company under a name other than the one that is listed as its legal name. This is significant because it enables you to go by a name other than your legal name without running afoul of the law.
You must submit a “Registration of Business Name” form to the Utah Division of Corporations and Commercial Code in order to apply for a DBA. The form can be submitted physically or electronically. In Utah, registering a DBA costs $22.00 for each county where the business conducts business. You must pay the appropriate cost for each county in which you need to file a DBA application.
Similar to an LLC, a DBA is not a legal entity. It is merely a registration of a company name and offers the business owner no legal protection. An LLC, on the other hand, is a sort of legal entity that offers the owner of the business limited liability protection. This means that the owner’s personal assets are shielded from being utilized to pay off the business’s obligations in the event that the business is sued.
You must submit a “Registration of Business Name” form to the Utah Division of Corporations and Commercial Code in order to register a business name there. You can submit this form either physically or electronically. In Utah, a business name registration costs $22.00 for each county in which it conducts business. You can also apply for a trademark with the U.S. Patent and Trademark Office if you wish to prevent other companies from using your company name.
In conclusion, it costs $22.00 to get a DBA in each county where the business operates in Utah. You must register for a DBA if you intend to conduct business using a name other than your legal name. Although registering a DBA is not required in Utah, it is advised to do so to avoid any potential legal issues. You can also apply for a trademark with the U.S. Patent and Trademark Office if you wish to prevent other companies from using your company name.
The actions listed below must be taken in order to dissolve a sole proprietorship in Utah: Prior to closing your firm, you must file your final tax returns with the IRS and the Utah State Tax Commission.
1. File your final tax returns. You must revoke any business licenses and permits you have earned in order to run your business in Utah.
2. Cancel your business licenses and permits. 3. Inform your creditors: Inform your creditors that your company is closing, and make plans to settle any remaining bills.
4. Cancel any business agreements: This includes any leases, rental contracts, and service agreements that you have signed.
5. Close your business bank account: Close your company bank account and move any money that is still in it to your personal account.
6. Submit a dissolution paperwork: To formally dissolve your company, submit a dissolution document to the Utah Division of Corporations and Commercial Code.
It’s crucial to keep in mind that when closing your firm, you must also abide by Utah’s employment rules if you have employees.