A DBA is a legal registration that enables companies to conduct business under a name other than their actual name. If John Smith wishes to operate a company called “Utah Lawn Care Services,” for instance, he must file a DBA under that name.
You must first determine whether the name you intend to use is available before registering a DBA in Utah. The Utah Division of Corporations and Commercial Code’s business name database can be used for this. You can register either online or by mail after making sure the name is available. The five-year registration is valid for a price of $22.
A DBA is a registration that enables companies to use a different name when conducting business; it is not a legal entity. On the other hand, an LLC (Limited Liability Company) is a legitimate corporate company that provides its owners with liability protection.
LLCs offer a distinct legal entity that is able to own property, enter into contracts, and bring or receive legal action. Articles of incorporation and an operating agreement are necessary for an LLC to be registered with the Utah Division of Corporations and Commercial Code in Utah.
A unique nine-digit number called an EIN (Employer Identification Number) is given to firms by the IRS for tax-related reasons. The IRS website offers online, postal, and fax applications for EINs.
You must supply basic information about your company, including its legal name and address, in order to register for an EIN. Once you have your EIN, you may use it to submit taxes, apply for business licenses and permits, and open a company bank account.
The sort of license you require and the city or county where you are located will determine how long it will take you to obtain one in Utah. A basic company license or a sales tax license, for example, can be swiftly obtained online or in person.
Some licenses may call for additional documentation, background checks, and inspections, such as those for particular professions or sectors. Sometimes, getting a company license can take many weeks or even months. It is crucial to investigate and plan for the particular needs of your company.
Selecting a business structure, such as a sole proprietorship, partnership, LLC, or corporation, is the first step in registering a business in Provo, Utah. After that, you can register your company with the Utah Division of Corporations and Commercial Code and apply for any appropriate Provo city licenses or permissions.
Additionally, Provo provides services for start-up companies like the Provo Business Network and the Small Business Development Center. These groups can offer assistance with business planning, funding, marketing, and other facets of launching and operating a prosperous company in Provo.