Starting a business involves taking many steps, including choosing a legal structure. While there are a few options available to you, one of the more popular business structures is the limited liability company (LLC).
In Utah, you start an LLC by filing the certificate of organization with the Utah Department of Commerce's Division of Corporations and Commercial Code. The certificate of organization (which cannot be handwritten) must include:
The certificate may also include the name and address of the member(s)/manager(s), the duration of the LLC, and the purpose of the LLC. Although not required by law, it's also a good idea to draft an operating agreement if the LLC has more than one member.
You can find all of the required forms to start an LLC in the state in FindLaw's Utah LLC Formation Package.
Forming an LLC in Utah at a Glance
While the procedure for starting an LLC is similar throughout the states, it's always important to follow the precise procedure required by your state. In the following table, you can find an overview of the basic steps to start a Utah LLC as well as links to relevant statutes.
Utah Code, Title 48, Chapter 3A, Section 48-3a-101, et seq. (Utah Revised Uniform Limited Liability Company Act)
|Step-by-Step Process of Forming an LLC||
In order to form an LLC in Utah, you'll need to take the following steps:
|State Agency in Charge of LLC Formation||
The Utah Department of Commerce is the government agency in charge of business organizations in the state.
Note: State laws are always subject to change through the passage of new legislation, rulings in the higher courts (including federal decisions), ballot initiatives, and other means. While we strive to provide the most current information available, please consult an attorney or conduct your own legal research to verify the state law(s) you are researching.
Forming an LLC in Utah: Related Resources
If you'd like more information and resources related to this topic, you can visit the links listed below.
Have Questions About Forming an LLC in Utah? Speak with a Local Attorney
Although an LLC is much easier to start than a corporation, there are still certain procedures that must be followed. If you have questions about starting a Utah LLC, or would simply like some guidance from a professional, it's best to speak with an experienced business organizations attorney near you.
Contact a qualified attorney.