Registration of Company in USA - Utah

The state of Utah is located in the western part of the United States of America. The capital of the state is Salt Lake City. In the southern part of this state there are well-known national parks around the world (Bruce Canyon National Park, Zion National Park). Since the middle of the XIX century, the local population is represented by Mormons in Utah. Nowadays, they equal to more than 80% of the state's population.

Registration of companies in Utah is carried out by the US Utah Division of Corporations & Commercial Code.

This territory is not included in the "black list" of tax-exempt jurisdictions in the CIS countries.

Forms of doing business

It is possible to register or buy company in Utah in the following organizational and legal forms:

- Sole Proprietorship;

- General Partnership;

- Limited Partnership;

- Corporation (both C and S);

- Limited Liability Company (LLC).

It is LLC in Utah that is the most effective instrument for doing business in the state.

Registration of company in Utah. Basic provisions

• The number of founders is at least 1 person. He can be resident of any country.
• Information about the owners of the company is indicated in the registration certificate.
• There are no requirements to have secretary in the company.
• The name of the company should contain its organizational and legal form. Such words as "Bank", "Insurance", "Trust", "University", "College" and miscellaneous are possible to be used only upon obtaining special licenses.
• It is possible to register company in Utah within 2-3 days. Given the time to prepare the package of documents and obtain the Tax ID, about 3-4 weeks will be required.

Bookkeeping in Utah (USA)

Every 12 months after registration, the company shall submit annual report.

If the company does not conduct activities in the territory of the United States of America and does not have the taxpayer’s number in the country, it is not required to submit financial statement.

Taxes in Utah (USA).

If offshore company in the state of Utah does not receive income in the territory of this jurisdiction and there are no US residents among its founders, such company does not pay taxes. Otherwise, the company shall pay state corporate income tax at the rate of 5% and federal corporate income tax at the flat rate of 21%.

We will register ready-made company in the USA in the state of Utah for you within the shortest time possible. Buying company in the USA in Utah is now easier than ever. Registration of company in the USA in Utah is one of the simplest and cheapest ways to start legitimate international business.

Registration of companies is one of the main directions of our work.