Whether you are starting a business or incorporating an existing one in Utah, you’ll want to understand state requirements for Utah corporations and limited liability companies (LLCs).
Utah Corporation Formation Requirements
Cost to incorporate. BizFilings clearly outlines our fees and the state fees to form a corporation in Utah. View our pricing to plainly see:
- BizFilings’ package prices. BizFilings offers three incorporation service packages from which you can choose.
- State fee for standard turn-around. Our pricing clearly shows the state fee to incorporate in Utah with standard turn-around.
- Expedited turn-around. You will see the BizFilings and state fee, if any, for expedited turn-around.
- Certified copy. Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of Incorporation.
Corporate name. The name must contain the word "Corporation," "Incorporated," "Company," or an abbreviation thereof, or words or abbreviations with the same meaning in another language. It must be distinguishable from the name of any domestic corporation, authorized foreign corporation, domestic or foreign limited liability company or partnership, or reserved or registered name in the State of Utah. Use of the words “Bank,” “College,” “Institute,” and “University” requires additional state department approvals.
Director information. The following are Utah’s requirements for directors of corporations.
- Minimum number. Typically, corporations must have at least three directors. A corporation's board of directors may consist of one or more individuals before any shares are issued. After shares are issued and for as long as a corporation has fewer than three shareholders, its board of directors may consist of a number of individuals equal to or greater than the number of those shareholders.
- Residence requirements. Utah does not have a provision specifying where directors must reside.
- Age requirements. Utah does not have age requirements.
- Inclusion in the Articles of Incorporation. Director names and addresses are required to be listed in the Articles of Incorporation.
Officers. Officer names and addresses are not required to be listed in the Articles of Incorporation.
Stock. Authorized shares and par value must be listed in the Articles of Incorporation. An increase in the number of shares or par value does not affect initial filing fees.
Registered agent. Corporations must list the name and address of a registered agent with a physical address (no P.O. Boxes) in Utah. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
Professional services businesses. Professional corporations (PCs) are allowed to be formed in Utah for professional services businesses.