Utah Corporation

You can get an EIN directly from the IRS. The application is free, and most businesses can apply online. However, if you don’t have a social security number, you’ll need to submit a paper application form. Can’t bear to fill out yet another application? Hire Northwest to get your EIN for you. Just add on EIN service during checkout when you sign up for our incorporation service.

Corporate bylaws cover basic policies and procedures for issues such as company finances and management. Bylaws should cover a range of topics, answering key questions like those below:

• Meetings: When and where will meetings for shareholders and directors be held? How many attendees are required to transact business? What are the procedures for voting or proxy voting? How do you call a special meeting? What actions can be taken without a meeting?

• Stock: How are stock certificates issued and transferred? How is voting affected by issues such as corporate stock owners or fractional shares?

• Directors and officers: How many directors must there be? Which officer positions are required? What powers do they have? How do you fill a vacancy or remove a director or officer?

• Finances: What are the procedures for retaining profits, issuing dividends, and paying bills? Who can withdraw money from the corporate bank account or sign checks?

• Records: Where is the corporate book to be kept? What information will be maintained? How are requests for review or access honored? Can records or copies be kept or distributed digitally?

• Amendments and emergencies: Who can amend bylaws and how? Can emergency bylaws be adopted in the case of disaster?

Utah bylaws can make other provisions as well, assuming additions are in accordance with state law. For example, UT Code § 16-10a-820 (2019) states that Utah bylaws can determine whether or not the board of directors may permit any or all directors to participate in a regular or special meeting, as well as determine the means in which a meeting is conducted. As long as all the directors participating in the meeting can hear each other, each participating director is considered to be present in-person at the meeting.

Creating bylaws can be overwhelming—where do you start? Northwest can help. We give you free corporate bylaws when you hire us to form your Utah corporation. We know what kinds of topics and questions corporations need to address, and we’ve spent years refining and improving our forms. We offer many other free corporate forms as well, including templates for resolutions and meeting minutes.

Filing your annual report will cost $20.

The Utah Annual Report and $20 filing fee are due on the anniversary of your corporation’s registration. Forget to file? There’s a $10 late fee.

These filings can be easy to forget—which is why we send our clients automatic reminders for your Utah Annual Report filing. Or better yet, let us file for you. With our business renewal service, we can complete and submit your annual report for you for $100 plus the state fee.

Utah corporations are subject to a franchise tax on net income. The rate is 4.95%, and there’s a minimum tax of $100.

The Utah sales tax is 4.7%. Local areas can add on their own sales taxes as well. For example, the rate in the largest cities in Utah vary from 6.85% in Sandy to 7.75% in Salt Lake City.

Yes, if you conduct business in Utah, you’re required to register with the Utah State Tax Commission. You can register via Taxpayer Access Point. You’ll need your EIN before you can register.

The state filing fee to submit Utah Articles of Incorporation is $70. Add another $5 if you want a faxed confirmation that your filing went through. Utah charges an additional $75 for expedited filings.

Hire us for a one-time fee of $300, including the state fees, the $5 confirmation fee, and a full year of registered agent service.

If you file online, it will take 24 hours. In order to file online, you will need to create and use your UtahID, which is a personal ID used for a variety of services on government websites. Or, you can pay another $75 dollars to expedite your mailed, faxed, or delivered application to be processed in 2 days. Mailed filings can take 7 or more business days to process.

Yes, your Utah corporation must get a business license. Licenses are issued on a local level—you’ll get a business license from the city or town where your principal office is located.

For instance, if your principal office is in Ogden, you’ll submit an Ogden City Business License Application and filing fee, and then renew this license each year.

For some license applications you may need an EIN or a certified copy of your Articles of Incorporation. At Northwest, we can streamline the process and get these for you—simply add on these items during checkout.

A corporation formed outside of Utah—but which conducts business in the state—is considered a foreign Utah corporation. For example, if you incorporated in Arizona but decide to open a storefront in Utah, you would be a foreign Utah corporation. This also means you would need to register with the state by filing an Application for Authority to Conduct Affairs with the Utah Division of Corporations and Commercial Code. Foreign corporations also are required to file the Utah Annual Renewal.

Absolutely! We’re happy to start a nonprofit corporation for you. Note that incorporating an Utah nonprofit requires a different form. The filing fee is lower as well. Utah nonprofits must file an Annual Renewal every year ($10).

It’s a conundrum: you need a local number to display on your website and give to customers, but you don’t want to make your personal number quite so…public. We get it. And we’ve got you covered with Northwest Phone Service. We can provide you with a virtual phone number in any state—plus unlimited call forwarding and tons of easy-to-use features. You can try Phone Service free for 60 days when you hire us to form your corporation, and maintaining service is just $9 monthly after that. No contract required.