Each state has its own requirements for forming an LLC (Limited Liability Company)—and Utah is no exception. Understanding the requirements will help you get off the right foot when forming an LLC in Utah.
Naming your Utah LLC
The LLC's must end with "Limited Liability Company," "Limited Company," "Ltd. Co.," "LC," "LLC" or "L.L.C." It must be distinguishable from the name of any domestic LLC, authorized foreign LLC, domestic or foreign corporation 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.
Member/Manager information
The following are Utah’s requirements for the members/managers of LLCs:
- Minimum number. The LLC must have at least one member.
- Residence requirements. Utah does not have a provision specifying where members and managers must reside.
- Age requirements. Utah does not have age requirements for members or managers
- Inclusion in the Articles of Organization. You are not required to list either member or manager names and addresses in the Articles of Organization, but you may do so if you desire.
Requirements for the Articles of Organization
You form a Utah LLC by filing Articles of Organization and paying the required fee. The following information that must be included in the Articles:
- The LLC’s name
- The LLC's principal street address, whether or not in Utah
- The name and street address of the registered agent
- Optional: The duration of the LLC—if not perpetual, the term must be stated
- Optional: The names and addresses of members or managers
- Optional: The LLC’s purpose
Registered Agent
Utah requires that you appoint—and continuously maintain—an in-state Registered Agent. You must provide the name of the Registered Agent and the agent’s street address in the Articles of Organization. (The address cannot be a post office box. Your agent must be available during normal business hours throughout the year to accept Service of Process and other important legal and tax documents for the business.
Professional services businesses
Utah allows professionals, such as accountants, attorneys, and physicians, to form a professional limited liability company (PLLC).