In Utah, the cost of forming an LLC (limited liability corporation) online is $54. This cost is paid to the Utah Department of Commerce when submitting the LLC’s Certificate of Organization.
To start an LLC in Utah, there are mandatory costs, as well as optional expenses.
- LLC Formation Filing Fee ($54 – Mandatory). This fee is to register your LLC and file your Certificate Of Organization with the Department of State. You can file your Utah certificate online at the OneStop Business Registration website.
Benefits of Creating an LLC in Utah.
- A Utah LLC shields the owner’s personal assets from any liabilities or lawsuits arising from the business.
- As a result, if the company is sued, goes bankrupt, or is liable for damages, any resulting judgment is enforced against the company’s assets, not any individual member’s personal finances.
Even after getting your LLC set up, there are still more details to work out for the benefit of your business.
- Get an Employer Identification Number (EIN).
- Have an LLC Operating Agreement.
The first step in setting up an LLC in Utah is choosing a name for your business. The name you choose will represent your company and be used on all official documents, so it’s essential to take the time to carefully consider your options.