Chapter 10a Utah Revised Business Corporation Act Part 1 Form
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People also ask
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Can a single person start AC Corp?
Most state laws require at least one director and at least two officers, all of whom may be the same person. From that I conclude that it's in fact possible (legal) to have a C corporation with only me as the owner/founder and no employees.
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What is the business Judgement rule in Utah?
Most management actions are protected from judicial scrutiny by the business judgement rule: absent bad faith, fraud, or bsignNow of a fiduciary duty, the judgement of the managers of a corporation is conclusive.
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Can I be my own registered agent in Utah?
Getting a registered agent is essential for registering an LLC in Utah; they handle important state and legal documents on behalf of your business. You can act as your own agent in Utah, or even get another LLC member to step into the role.
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How to set up as corp in Utah?
How to File as an S Corp in Utah in 6 Steps Step 1: Choose a Business Name. ... Step 2: Appoint Directors and a Registered Agent. ... Step 3: File Certificate of Organization. ... Step 4: Create an S Corp Operating Agreement. ... Step 5: Apply for an Employer Identification Number. ... Step 6: File Form 2553 for S Corporation Election.
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How to start AC Corp in Utah?
Starting a Corporation in Utah File Utah Articles of Incorporation. Pay the filing fee: $54. Hold an organizational meeting and create bylaws. Get an EIN from the IRS. File mandatory Beneficial Ownership Information report. Apply for licenses. Open a Utah corporate bank account.
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How much does it cost to incorporate in Utah?
Our Formation Services ServiceStandard (14 days)Expedited (2 days) Utah State Filing Fees $54* $129* Our Formation Service Fee $100 $100 1 Year Registered Agent Service $49 $49 Total $203 $278
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