Gathering as much information as you can about the business is the first step in reporting a non-licensed enterprise in Utah. This comprises the name of the company, its address, and any further pertinent information, such as the name and contact information of the owner. Additionally, you should gather any supporting documentation, such as images or videos showing the company functioning illegally.
The Utah Department of Commerce can be notified of the business once you have obtained all the required data. Businesses in Utah must be governed by the Department of Commerce, which also makes sure that they abide by all applicable rules and laws. You can contact the Department of Commerce directly by phone or online.
Make careful to include all the data you have obtained and any supporting documentation when submitting a complaint. In the event that it turns out that the company is operating without a license, the Department of Commerce will look into the complaint and take the necessary measures. You have the option of reporting the company to local law enforcement in addition to the Department of Commerce. It is illegal to operate a business without a license, and the police may be able to initiate legal action against the company.
How do I create a Utah LLC?
You must first select a name for your company and confirm that it is available before you can create an LLC in Utah. Articles of Organization must then be submitted to the Utah Division of Corporations and Commercial Code. Additionally, you will need to acquire any licenses and permits required for your type of business.
Yes, a single person may hold an LLC. Small business owners who wish to safeguard their personal assets while maintaining the freedom of a sole proprietorship frequently choose for a single-member LLC. How are foreign corporations taxed in the United States?
The US taxes foreign corporations on their US-sourced income. On this income, they must pay both federal income tax and any state income taxes imposed by the states in which they conduct business. Do foreign-owned LLCs have to pay taxes?
Yes, foreign-owned LLCs must pay US taxes on their US-sourced income. In the states where they conduct business, they might also be subject to state income tax. Foreign-owned LLCs must abide by all US tax laws and regulations to avoid fines and legal repercussions.
In order to report revenue received to independent contractors or other non-employee people, a 1099 form must be submitted. It has nothing to do specifically with reporting an unlicensed business in Utah. Therefore, the answer to the question of whether foreign businesses must submit a 1099 depends on whether they have made payments to American independent contractors or non-employees. In that case, they might need to submit a 1099 form to the IRS.