How Much Does It Cost to Start an LLC in Utah?
Legal business registration — and making sure your business is in compliance — involves some necessary expenses. Some of these costs are payable to the Utah Department of Commerce, Division of Corporations and Commercial Code, while others are due to additional state entities or the federal government. Here are some of the most common requirements and fees.
Please note that Utah business license and permit fees may need to be paid when you first form your business, on an ongoing schedule or on an ad hoc basis. Find more details below.
Initial Utah LLC Fees
You’ll need to file as an LLC with the Utah Department of Commerce, DCCC and pay a filing fee when you first formally form your business. Here are the current Utah LLC fees and filing times:
When you form your LLC with us, Incfile will charge you this fee and forward it to the Utah Department of Commerce, Division of Corporations and Commercial Code when we file your formation paperwork.
Employer Identification Number
Every LLC in the U.S. should obtain a unique Employer Identification Number (EIN) from the Internal Revenue Service. You'll use it when you open a business bank account, file taxes and pay employees. It's available at no cost from the IRS, or have Incfile obtain one for you.
When you want to do business in a state other than the one where your business is based, you must create a foreign LLC.
Utah Foreign LLC Registration
Foreign companies are those which are formed in another state or country. In order to transact business in Utah these entities must file an application with the Utah Department of Commerce Office for a Foreign LLC.
The registration must be accompanied by a certificate of good standing or a certificate of existence from the domestic state of formation. Register your out-of-state foreign company online by filing your forms for Registration of Foreign LLC with the DCCC. The filing fee for a Utah Foreign LLC is $70. The state may have additional requirements so contact the Utah Department of Commerce, Division of Corporations and Commercial Code for more information.
Foreign Qualification to Operate in Another State
If you plan to expand your Utah LLC into another state, you’ll first need Foreign Qualification or a Certificate of Authority or Compliance from that state. This is necessary if you'll have a physical presence, employees or banking in that state.
This process will likely require you to complete an application and pay a filing fee. Each state typically has its own requirements, so you’ll want to contact the state government entity that administers business (usually the Secretary of State) for specific instructions.
If you need assistance, Incfile provides complete Foreign Qualification service for all states.
Annual Report Requirements
Most states — including Utah — require businesses to file an annual (or other periodic) report with the Secretary of State. For the state of Utah, the Department of Commerce, Division of Corporations and Commercial code require an annual renewal/report filed once every year. When you file your annual report, you’ll need to pay a fee of $20. Here are the Utah annual report filing requirements:
Due by the last day of the anniversary month of filling.
Utah Business License and Permit Requirements
As a business owner, it’s your responsibility to make sure you have the proper state, federal or local business licenses to operate your Utah LLC. Some of the associated fees only need to be paid once, while others are ongoing charges.
Permits and licenses vary based on:
The state of Utah doesn't require you to have an LLC Operating Agreement in place.
An Operating Agreement is a document that covers the rights and duties of pertinent members, how the business will be run, how managers and members are chosen and several other key areas. It's usually filed with your Certificate of Organization at the time of your formal business formation.
This document can be extremely helpful in making sure you’re organized and prepared for any future events that may affect your business.
If you have any unique requirements, you can make the necessary changes to accommodate them.
Other Potential Utah LLC Fees or Requirements
It is normal for your business to pay and meet several other fees and requirements during the life of your LLC. These ad hoc fees will only be payable in specific circumstances, as listed below.
Changing the Registered Agent
Your LLC needs a Utah Registered Agent, which you must appoint when you file your Certificate of Organization. You can also switch to a new Registered Agent later - for a fee of $15 - by filing a business information change form with the Utah Department of Commerce or make the change online.
Reserving a Name for Your LLC
If you don’t want to form your LLC right away, you can reserve a business name for 120 days with the Utah Department of Commerce by filing an application for reservation of name and paying a filing fee of $22. First, perform a Utah business search and learn about business name rules to ensure you choose a name that meets state requirements.
Amending Certain Facts About Your LLC
Your business formation documents state certain facts about your Utah business at the time it's formed. Over time, these facts may change. If they do, you'll need to file an Amendment Application with the Utah Department of Commerce for a filing fee of $37. You can do this yourself or have Incfile file the amendments on your behalf.
Getting a Utah Certificate of Compliance
Some organizations will request that you prove your LLC’s compliance with laws and tax requirements. If you need to prove you have met your commitments, you’ll need a Certificate of Existence from the Utah Department of Commerce. You can obtain one by ordering a Certificate of Existence from the DCCC via their online portal, and paying a fee of $12.
The fees listed above detail many of the charges a standard LLC will be required to pay in Utah. In some unusual circumstances, there may be other one-off, periodic or ad hoc fees not listed above.
Of course, your LLC will also probably need to pay self-employment, payroll, federal, state and sales taxes. More information about taxes can be found on the Utah Business Tax page.