The Utah Office of the State Treasurer manages over $28 billion in state funds. As the chief financial officer for the state, it is the secretary of state’s job to oversee the state treasury. The treasurer is elected and responsible for overseeing all government agencies.
Table of Contents
Step 1 Lookup a Business Entity
Businesses are often registered under multiple names. You might know one owner but don’t know about others. It helps to know what name(s) it operates under if you’re looking for information about a specific business.
This tool lets you do just that – quickly look up a business by name or address. Simply enter the business name or address into the box above, and hit “Search.” Results show the business name, address, phone number, and email address.
If you want to learn more about the business, simply click on the business name to view additional information.
Step 2 – Choose Your Entity
When choosing an entity type, it’s important to think about what information you want to display about each one. There are three main types: businesses, governmental entities, and nonprofit organizations. Each type has different reporting requirements and legal issues associated with it. You should always check with the Secretary of State‘s office to ensure you’re following the correct procedures. If you don’t know where to start, here are some tips to help you choose the right entity type.
You might qualify as a sole proprietorship if you run a small business. This means you operate the business yourself. Sole proprietorships aren’t required to file anything with the state. They do have certain tax obligations, though.
You could also register as a partnership. Partnerships must file annual reports with the state. These reports include things like financial statements and sales figures.
A corporation is another option. Corporations are separate legal entities from their owners. A corporation can hold assets and liabilities and pay taxes like individuals.
Governmental Entities:
The government is responsible for many aspects of our lives, including public safety, education, health care, and infrastructure. Governments typically fall into one of four categories: cities, counties, states, or federal governments.
This step allows you to view the Company name and contact information. You can use this data to reach out to the company directly.
Step 4 – Steps to form your new corporation
Business Name Availability Search Find whether there are other companies already doing what you want your new business to do.
Internet Domain Availability Search Find whether the internet domain name you wish to use is taken.
Choose Your Entity Type LLC (Limited Liability Company), S Corp (Subchapter S Corporation), C Corp (Corporation), Partnership or Nonprofit Organization.
Create Articles Of Incorporation & Bylaws Describe the business purposes of the new corporation, name the registered agents, directors, and officers, addresses, operating rules, dissolution provision, and all other pertinent information.
Determine If New Business Needs Federal, State, or Local Tax Filings. Determine if the business will be subject to federal, state, or local tax filings.
Determine Whether New Business Will Be Subject To Payroll Taxes Determine if the newly formed business will be subject to payroll taxes.
How Can Utah Secretary of State will help my business
1. Business Name Registration
Business name registration is a legal requirement if you want to operate a business under a specific name. You need to register your business name before opening a bank account, applying for loans, getting insurance, etc. If you do not have a registered business name, then you cannot use the business name legally.
2. Licenses & Permits
You may require licenses and permits depending on what type of business you run. A license is issued by the state government and is valid for a certain period of time. Once the license expires, you need to renew it. In some cases, you may need to apply for a permit from local authorities.
3. Tax ID Number (EIN)
Every company, corporation, LLC, partnership, association, etc., must have its own tax identification number called EIN. An EIN helps businesses file their taxes correctly. Without an EIN, you cannot open a bank account, get credit cards, write checks, pay bills, etc.
4. DBA (Doing Business As)
A DBA is similar to a trade name. However, unlike a trade name, a DBA does not protect your brand identity. Instead, it is used to distinguish between different companies owned by the same person.
An employer identification number (SSN/ITAN) is a unique 10-digit number assigned to each individual who works for an organization. SSNs are issued by the Social Security Administration while ITANS are issued by the IRS. Both numbers allow employers to verify employment eligibility.
6. Federal Tax IDs
If you work for a federal agency, you may need to provide them with your social security number.
7. Bank Account Opening
To open a bank account, you must submit documents proving your identity and address along with proof of income.
Frequently Asked Questions
Can you have a single-member LLC in Utah
Yes! You can have a single member LLC if you file the appropriate paperwork with the state. If you want to know how to do this, please contact me directly at
How are LLCs taxed in Utah
Utah LLCs are taxed at a flat rate of 6% on their net income. There are no deductions allowed. Any money left over after paying taxes is distributed back to the company’s owners.
LLCs have been around since the early 1900s. In the past, they were used primarily for tax avoidance purposes. Today, many people use them for business reasons.
The IRS does not recognize LLCs as separate entities. Instead, they treat them as partnerships. As a result, any profits earned by an LLC are treated as personal income.
James Rourke is a business and legal writer. He has written extensively on subjects such as contract law, company law, and intellectual property. His work has been featured in publications such as The Times, The Guardian, and Forbes. When he’s not writing, James enjoys spending time with his family and playing golf.
