Create an S-Corporation in Utah

 Utah Requirements of Formation:
  1. A Federal Tax ID number (EIN) is required.
  2. To qualify for an S-Corp, the company must:
    • Be a “domestic” corporation or organized in the United States or under federal or state law;
    • Have only allowable shareholders:
      • May be individuals, certain trusts, and estates; and
      • May not be partnerships, corporations, or non-resident alien shareholders.
    • Have no more than 35 shareholders;
    • Have only one class of stock; and
    • Not be an ineligible corporation (i.e. certain financial institutions, insurance companies, and domestic international sales corporations).
  3. All shareholders must consent to S corporation status.
  4. The company must file Form 2553, “Election by a Small Business Corporation,” to indicate it chooses S corporation status.
    • To file Form 2553 with the Service Center of the Utah Department of Commerce, the applicant is charged a user fee of $150. We’ll file it for no additional charge. The only filing fee charged is $70 for the corporation’s formation.
    • Learn more about forming an LLC that can elect to be taxed as an S-Corp.
 Lawyer Prepared Packages:
  1. S-CORP Premium Package (Most Popular): This package includes:
    • Documents reviewed by a licensed attorney;
    • Preparation and filing of the Articles of Incorporation and other necessary documents in Utah;
    • Unlimited name availability searches;
    • Formation documents delivered electronically;
    • Next business day processing (if online EIN is available);
    • 6 months registered agent service;*
    • An EIN number;
    • Prepared Form 2553 for S-corporation status;
    • Personalized Bylaws;
    • Attorney Access (1 month free);**
    • Banking resolutions; and
    • Corporate meeting minutes form.
  1. S-CORP Standard: This package includes:
    • Documents reviewed by a licensed attorney;
    • Preparation and filing of the Articles of Incorporation and other necessary documents in Utah;
    • Unlimited name availability searches;
    • Formation documents delivered electronically;
    • Next business day processing (if online EIN is available);
    • 6 months registered agent service;*
    • An EIN number; and
    • Prepared Form 2553 for S-corporation status.

 

Get a Package and Save Money

 

Standard $369.99

Premium

$469.99           

Documents Reviewed by a Licensed Attorney

X

X

Preparation & Filing of the Articles of Incorporation

X

X

Unlimited Name Availability Searches

X

X

Formation Documents Delivered Electronically

X

X

Next Business Day Processing (if online EIN is available)

X

X

Registered Agent Service for 6 months*

X

X

EIN (Needed for all S-corporations)

X

X

Prepared Form 2553 for S-corporation status

X

X

Personalized Bylaws

$49

X

Attorney Access (1 Month Free)**

$29

X

Banking Resolutions

$49

X

Corporate Meeting Minutes Form

$29

X

* Monthly Fee of $12.50 after the first six months

** Monthly Fee of $29.99 after the first month

 


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