Do You Have to Register Your Business in Utah?

Knowing whether or not you need to register your business is crucial if you intend to launch a business in Utah. Yes, that is the response to this query. Whether they are corporations, partnerships, LLCs, or sole proprietorships, all businesses operating in Utah are required to register with the state. The business is given legal recognition and is able to conduct itself legally in the state thanks to this registration.

You need to get a small business license before you can register your company with the government. All small business licenses are issued by the state of Utah’s Department of Commerce. A small business license application must be filled out and a fee is payable. The cost varies according to the kind of business you run and where it is located. You will get your small business license after your application is accepted.

If you wish to create an LLC in Utah, you must first pick a name for your company that complies with the state’s rules on business names. The Utah Division of Corporations and Commercial Code is where you will then need to file your articles of organization. The articles of incorporation detail the fundamental facts about your company, including its name, address, and registered agent. A filing fee is further required to finish the registration process.

The price of a small business license in Utah varies according to the kind of business you run and where it is. A home-based business will, for instance, have a different fee schedule than a brick-and-mortar establishment. The charges are from $15 and $100. The fees are subject to change, thus it is important to note that you should always check with the Utah Department of Commerce for the most recent fee information.

A DBA, or “doing business as,” registration enables a company to conduct business under a name different from its legal name. Like an LLC, it is not a legal entity. An LLC, on the other hand, is a business entity that shields its owners from liabilities. As a result of being a separate legal entity from its owners, the firm is able to engage into contracts, bring legal actions and be sued, as well as hold assets in its name.

In conclusion, it is a legal requirement to register your business in Utah. A small business license is required before you can register your company, and you can get one through the Utah Department of Commerce. The Utah Division of Corporations and Commercial Code must receive your articles of organization if you wish to establish an LLC there. The price of a small business license varies according to the kind of business you run and where it is located. Finally, an LLC is a distinct legal entity that shields its owners from liabilities, whereas a DBA is not.