Doing Business in Utah: Understanding the Basics

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What is considered doing business in Utah?
In summary, you are considered to be “”doing business”” in Utah and required to foreign qualify if: Your LLC has an established and continuous physical presence in the state, like stores, offices, warehouses, etc. There is a level of permanence to your business activity in Utah, rather than seldom, isolated transactions.
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Utah is well-known for having a business-friendly atmosphere, which has made it a sought-after location for both investors and entrepreneurs. Before you begin conducting business in Utah, it’s crucial to comprehend what the state regards as “doing business.” This article will discuss how to link a DBA to an LLC, modify an LLC’s name, and launch your own firm in Utah. It will also discuss what activities qualify as doing business in Utah.

What Qualifies as Conducting Business in Utah?

A foreign (out-of-state) entity is deemed to be conducting business in Utah under Utah law if it does any of the following actions: Owning or renting property in Utah

– Keeping an office or other place of business in Utah

– Employing employees or agents in Utah

– Receiving revenue from Utah sources

– Engaging in continuous, routine, or systematic business operations in Utah

If your company fits any of these requirements, you might need to register as a foreign corporation conducting business in Utah with the Utah Division of Corporations and Commercial Code. How to Connect a DBA to an LLC A business may employ a fake name in place of its legal name by “doing business as,” or DBA. You can register the name with the Utah Division of Corporations and Commercial Code if you have an LLC and want to use a DBA. Once the name has been registered, you can use it in place of your LLC’s legal name when doing business and signing contracts. In Utah, changing an LLC name is possible.

You must submit Articles of Amendment to the Utah Division of Corporations and Commercial Code in order to modify the name of your LLC there. Your present LLC name, your new LLC name, and a declaration that the modification was accepted by your LLC’s members or management must all be included in the Articles of Amendment. In order to accomplish the name change, you also need to pay a filing fee. In Utah, How to Launch Your Own Business

If you’re prepared to launch your own company in Utah, you should do the following fundamental actions:

1. Decide on a corporate structure: Make a choice on the type of business you wish to create: LLC, corporation, partnership, or single proprietorship.

2. Select a company name: Make sure the name you select is available and complies with Utah law.

3. Register your business: File a business registration form with the Division of Corporations and Commercial Code in Utah. If you want to form an LLC or a corporation, you must submit articles of organization and pay a filing fee.

4. Obtain any required licenses and permits. State and municipal organizations may require licenses and permits, depending on the kind of your business and the sector in which it operates. 5. Establish your company’s finances: Create a business bank account and secure the required funding. Final Thoughts:

It can be a terrific opportunity to conduct business in Utah, but it’s crucial to comprehend its rules and laws. You’ll be well on your way to success in the Beehive State by becoming familiar with the fundamentals of conducting business in Utah, tying a DBA to an LLC, altering the name of an LLC, and establishing your own company.