In Utah, a person can renew the registration of a limited liability company (LLC) by paying the renewal fee online. In fiscal year 2023, the fee was $18. The registered agent, the person appointed to receive government correspondence for a business entity, will be sent the renewal notice.
A person renewing a business online can make changes to information about the business, such as updating the business address, at no additional charge. Failing to renew an LLC can result in involuntary dissolution by the state.
Timing of the Renewal Notice
The registered agent listed on file with the Division of Corporations & Commercial Code of the Utah Department of Commerce will be sent the renewal notice approximately 60 days before the anniversary date. This is the day the business registered with the state. The renewal notice will consist of information printed on a postcard.
The person renewing the LLC and/or making the payment does not have to be a registered agent, a member, or an owner of the LLC. The person renewing the LLC can also change the registered agent of the business and the principals (typically the owner, chief executive officer or president) associated with the business.
Utah Business Renewal Due Dates
The renewal is due one year from the day the business registered with the state. It is due every year unless the business files a “doing business as” (DBA) application. A DBA name is also called an assumed name. The fee for renewing a DBA was $18 in 2023.
If the business files a DBA application, the renewal is due three years from the date the DBA was granted and the business was registered. The renewal is then due every three years after that. A person can check the renewal date by doing a business registration search.
Renewing an LLC by Mail
If the person cannot renew the LLC online, they should print and submit the renewal form available at Utah.gov. This form requests the party to provide the entity name, the entity number, the entity type (LLC) and the expiration date for the entity’s registration.
If the renewal postcard has a gray box on the front that reads “Principal Positions Hold,” then the LLC has not listed the statutory number of principals. An LLC must list at least one member or one manager.
Reinstatement and Filing Fees
An LLC that has been dissolved should seek reinstatement. Reinstatement is distinct from renewal. Reinstatement changes the status of an LLC from inactive to active. A reinstated LLC must meet all requirements to do business in the state of Utah, including having to pay the reinstatement fee. In 2023, the reinstatement fee for a Utah-based LLC was $54.
Other fees for an LLC include a $15 fee for a statement of authority. This document tells third parties, such as companies with which the LLC does business, what members or officers of the LLC can bind the LLC in business dealings.
There is also a $54 fee for a domestic or foreign LLC’s certificate of organization. This document registers the business with the state and shows the type of transactions in which it engages.
What an LLC Does
An LLC is a business entity that consists of one or more persons. Here, a person can be an individual or a business entity, such as a general partnership, limited partnership, association, trust, estate or corporation.
An LLC offers its members the flexibility and tax status of a general partnership. It also offers the limited liability protection typically offered to limited partnerships and corporations.
Members of an LLC can operate the business in a way that is more flexible than a C corporation, an S corporation or a limited partnership. For example, an LLC does not have to hold annual meetings. It also does not have to limit the number of members. An LLC must comply with disclosure, record keeping and reporting requirements that do not apply to a general partnership. In Utah, an LLC must file an annual report.
- Utah Department of Commerce: Fiscal Year 2023 fee schedule
- Utah Department of Commerce: How to renew a business
- Utah Department of Commerce: Renew your business online
- State of Utah: Business renewal
- U.S. Internal Revenue Service: Limited liability company (LLC)
- Utah.gov: Business name search
- Utah Division of Corporations & Commercial Code: Annual report/renewal form
- Utah Department of Commerce: Considerations in forming a limited liability company
Jessica Zimmer is a journalist and attorney based in northern California. She has practiced in a wide variety of fields, including criminal defense, property law, immigration, employment law, and family law.