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Starting a limited liability company in Utah involves a set of costs. In general, the cost of forming an LLC anywhere is much lower than the cost of establishing a corporation or other business structures. To start an LLC in Utah, you pay $70 as a filing fee. There are other types of fees, like annual reports, licenses, permits, and state taxes (if applicable).
In this article, the LLCBuddy team has summed up the overall projected LLC cost in Utah. From initial filing fee to maintenance cost, and to annual taxes, you will get it covered here!
Utah LLC Cost of Filing
The cost to start an LLC anywhere in the US includes many things. Apart from the initial filing fee, it involves license and permit fees, tax filing, sales taxes, other local and state government fees, etc.
Cost of Filing Formation Certificates
The main cost associated with an LLC is the filing fee paid to the state. The fee is different based on which state you’re in. In Utah, the filing fee is $70. Once you file the Utah Certificate of Formation, you must pay the fees to the Utah Secretary of State at the time of form submission. Apart from the filing fee, some other fees and costs are mentioned below,
Utah Domestic LLC
- Online Filing costs $70.
- Annual Report filing costs $20
- Name Reservation fee costs $22
- By Mail: $70
Fill out the application form, and send it to the Utah Division of Corporations & Commercial Code, P.O. Box 146705, Salt Lake City, UT 84114.
Utah Foreign LLC
- Online Filing costs $70.
- Annual Report filing costs $20
- Name Reservation fee costs $22
- By Mail: $70
Fill out the application form, and send it to the Utah Division of Corporations & Commercial Code, P.O. Box 146705, Salt Lake City, UT 84114.
Note that filing online is ideal, not only because you need to go to the Secretary of State office, but also it would be faster. You won’t have to wait in a queue to do so.
Utah LLC Formation Service or Registered Agent Fee
Hiring a registered agent in Utah is necessary while forming an LLC. LLC formation cost includes the cost of hiring a registered agent. You can be your own registered agent; however, that is not recommended, as a registered agent has to be present at the official physical address during working hours. Here are the best LLC services in Utah that offer registered agent services as well.
LLC Service | Our Rating & Pricing | Top Features | Learn More |
#1 TOP PICK  | $0 + State Fees |
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 | $0 + State Fees |
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Business Permits and Licenses
The business licenses depend on your business’s activity and location and are renewed yearly. As such, the cost will vary. Check the Utah Department of Revenue for regulatory boards or agencies requiring licensing.
Taxes Payable to the Utah Department of Revenue
If you wish to register an LLC in Utah, you will need to pay a number of taxes to the federal as well as Utah governments. Let’s look at the main taxes that are to be paid by LLCs in Utah. There are two types of taxes to be paid to the Utah Department of Revenue:
State Income Tax: You have to pay the state tax on any amount you pay to yourself. The earnings you make shall be taxed through your personal tax return. The standard rate of income tax, which is 4.95%, will be applicable & you can apply for all the standard allowances and deductions.
State Sales & Use Tax: If you are a seller of goods or you are a service provider, you have to collect tax & then pay it to the Utah Department of Revenue. This State Sales & Use Tax can be collected at the time of purchase. The Sales & Use Tax varies in different regions, counties, & cities. The current state sales & use tax rate on LLCs in Utah is 4.7%
Federal Self-Employment Tax: Federal Self-Employment Tax, also known as Social Security or Medicare tax, is to be paid by all LLC Business members or managers. This kind of tax is applicable to all the earnings you withdraw from your business. The Federal self-employment tax rate in Utah is 15.3 percent, which includes 12.4% for Social Security & 2.9% for Medicare.
Federal Income Tax: In addition to the state income tax, you have to pay the Federal Income tax on all the earnings you make in your Utah LLC. The amount of the Federal Income Tax depends upon your earnings, the income tax bracket in which you qualify, the deductions, & the manner/ mode of filing.
Employee & Employer Taxes: If you have a number of employees who draw monthly salaries, then there will be some added Employee-Employer taxes on that. These tax implications vary, depending on various factors, e.g., the amount, number of employees, etc.
Cost Comparison Between States
Utah is surrounded by many states, namely Idaho, Wyoming, Colorado, Arizona, etc. Each of these states has a different rate of taxes levied on LLCs. Let us take a look at this comparative chart.
| States | Filing Fee | Annual/Biennial Fee | Sales Tax |
| Utah | $70 | $20 | 4.7% |
| Idaho | $100 | Free | 6% |
| Wyoming | $102 | $50 | 4% |
| Colorado | $50 | $10 | 2.9% |
| Arizona | $50 | $30 | 5.% |
On the basis of the kind of industry your LLC operates in, your LLC will be liable for some other taxes & duties. For Example, if your LLC is in the sector of import & export, you have to pay the import-export duty. You should consult with a professional to verify the tax rates or business costs of registering an LLC in Utah.
Other Costs
- Utah Name Reservation: $22 for filing by mail
- Doing Business As (DBA): $25 if filing by mail
- Certified Document Copies: $12
- Certified of Good Standing: $25
- Business Domain Name and Website: depend on your preference, but domain name could be as low as $2.99/yr at NameCheap, and web hosting is at least $30/mo at Kinsta.
- Online workspace: at least $4.20/mo for GSuite.
- Business Insurance: would vary depending on insurance type–whether general liability insurance or professional liability insurance–and coverage.
- Dissolution of Utah LLC: Free or $75 for expedited filing
F.A.Qs
It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed.
It is difficult to say whether forming an LLC is expensive. Nevertheless, the cost could be anywhere from $40 to $500. If you refuse to hire professionals, you’ll still have expenses like form fees to cover.
The need to separate personal money from business funds, thus necessitating the creation of a business bank account for your LLC.
In Conclusion
The cost of Utah is much lower compared to other forms of business. Apart from the state filing fees and annual taxes, you might bear the cost of the registered agent. Compare the prices of professional LLC services and choose the most affordable one. Hiring professionals, like LegalZoom, which offers LLC formation at $0, can be profitable, as there will be no additional cost to form an LLC.