How to Form a Limited Liability Company in Utah

Start an LLC in Utah in 5 Simple Steps

Step 1: Give Your Utah LLC a Name
Step 2: Select a Registered Agent Step 3: Submit the Certificate of Organization
Create an Operating Agreement in Step 4
Step 5: Obtain an EIN

It is simple to form an LLC in Utah.

To form a Utah LLC, you must submit a Certificate of Organization to the State of Utah, which costs $54. You may apply by mail or online. The Certificate of Organization is the legally binding document that establishes your Utah limited liability business.

STEP 1: Give Your Utah LLC a Name

The first and most significant step in forming a Utah LLC is deciding on a name. Make certain that the name you pick conforms with Utah naming regulations and criteria and is readily searched by possible company customers.

1. Follow the Utah LLC naming guidelines:

The term “limited liability company” or one of the following acronyms or phrases must be in your name: “limited company, L.C., or L.L.C.”
Your LLC’s name cannot include terms that may be confused with a government organization (FBI, Treasury, State Department, etc.).
Restricted terms (e.g., bank, attorney, university) may need extra documentation and the participation of a licensed professional, such as a doctor or lawyer, in your LLC.

2. Does the name exist in Utah? Do a name search on the Utah.gov website to ensure that the company name you choose isn’t currently in use.

3. Is the URL accessible? We propose that you investigate if your company’s name is accessible as a web domain. Even if you don’t intend to construct a company website right away, you may want to purchase the URL to prevent others from gaining it.

STEP 2: Select a Registered Agent in Utah

You must designate and have a registered agent for your Utah LLC.

What exactly is a Registered Agent? A registered agent is a person or corporate organization that receives vital tax forms, legal papers, lawsuit notices, and other government communication on your behalf. Consider your registered agent to be your company’s point of contact with the state.

Who is eligible to be a Registered Agent? A Registered Agent must be a Utah citizen or a firm, such as a registered agent service, that is permitted to do business in Utah. You may choose someone from your organization, even yourself.

STEP 3: Submit the Utah LLC Certificate of Organization to the Secretary of State.

You must submit the Certificate of Organization with the Utah Department of Commerce to register a Utah LLC. You may apply either online or via mail.

STEP 4: Draft an Operating Agreement for a Utah LLC.

An operating agreement is not necessary for a Utah LLC, but it is recommended.

What exactly is an operating agreement? An operating agreement is a legal document that outlines an LLC’s ownership and running processes.

Why are operating agreements necessary? A detailed operating agreement guarantees that all firm owners are on the same page and decreases the likelihood of future disagreement.

STEP 5: Obtain your Utah LLC EIN.

What exactly is an EIN? EIN is an acronym that stands for Employer Identification Number. EINs are nine-digit numbers provided by the Internal Revenue Service (IRS) to companies to assist them be identified for tax reasons. It is basically a business’s Social Security number.

An EIN is also known as a Federal Employer Identification Number (FEIN) or a Federal Tax Identification Number (FTIN) (FTIN).

Why do I need an EIN? An EIN is necessary in order to:

Establish a business bank account.
Filing and managing federal and state income taxes
Employ people

What if my single proprietorship already has an EIN?

When transitioning a sole proprietorship to an LLC, the IRS demands a new EIN.

Where can I get an EIN? The IRS will provide you an EIN for free. Obtaining an EIN is a simple procedure that may be completed online or by mail.