Company Formation in Hungary for US Entrepreneurs
Company formation in Hungary offers access to the EU market, low taxes, and residency options. Learn about the steps, costs, and compliance rules.
Utah has quietly become one of the most startup-friendly states in the U.S.** **With its fast-growing tech ecosystem, low fees, and streamlined regulations, Utah gives startups and scale-ups the breathing room they need to grow. If your LLC was originally formed elsewhere but plans to hire, open an office, or serve customers in Utah, you’ll need to register as a foreign LLC to stay compliant.
This guide explains how to form a foreign LLC in Utah, outlines every step involved in the foreign qualification process, and covers ongoing requirements so your business stays compliant with Utah law. The Utah Department of Commerce, through its Division of Corporations and Commercial Code, handles all LLC registrations in the state, including foreign entities. We'll also discuss the Wise Business account. The global account that can help your company with all things cross-border.
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Before registering, you need to assess whether your business activities require foreign qualifications. Under Utah law, your LLC must register if it is “transacting business” in the state. This could include:
Occasional or incidental activity usually doesn’t count, but if you’re actively conducting business, you likely need to file. For clarification, consult the Utah Commercial Code1 or speak with a business attorney.
To register a foreign LLC in Utah, you’ll need a Certificate of Existence2 (also called a Certificate of Good Standing) from your LLC’s home state. This certificate must:
You’ll submit this document with your application to prove your LLC is in good standing where it was originally formed.
Your LLC must operate under a distinguishable name in Utah. Search the Utah Business Name Database to verify if your current name is available. If it’s already taken, you must:
You may optionally reserve a name by filing an Application for Reservation of Business Name3 with a $22 filing fee.
Utah law requires every foreign LLC to designate a registered agent with a physical Utah address (no P.O. boxes). This agent accepts legal documents on your LLC’s behalf.
You can:
Make sure your agent is available during business hours and listed accurately in your filing.
To officially register your foreign LLC in Utah, file a Foreign Registration Statement (Form: Foreign LLC Registration4) with the Utah Division of Corporations and Commercial Code.
You’ll need to include:
File Online: Utah OneStop Business Portal5
Utah does not require a separate initial report upon registration. However, you will need to file annual renewals to maintain compliance (see below).
After you register a foreign LLC, you may need additional licenses or permits depending on your industry and location. Utah does not have a centralized state licensing portal, so you’ll need to check:
Foreign LLCs must meet Utah’s ongoing compliance requirements:
LLCs are pass-through entities, but you may still be subject to sales tax, withholding tax, and other business-related taxes depending on your operations.
Once you have established your business with an LLC, you’ll need a business account to manage your US finances. A Wise Business account is easy to open online and comes with no monthly fees. You can convert funds from your home currency to USD with low, transparent fees.
Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in currencies. You can get major currency account details for a one-off fee to receive overseas payments like a local. You can also send money to countries.
Some key features of Wise Business include: |
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Open a Wise Business account online
Pros | Cons |
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Low annual renewal fee ($20) | Must appoint and maintain a Utah registered agent |
Fast online processing (1–2 business days) | Some cities require separate local business licenses |
Business-friendly tax structure | The Certificate of Existence must be current and accurate |
Access to Salt Lake City’s growing tech market | No centralized licensing portal |
Once your Utah foreign LLC is registered, you must keep it in good standing:
Failure to comply may lead to administrative dissolution, penalties, or loss of limited liability protections.
Utah offers an appealing business environment with a low cost of doing business, a skilled workforce, and easy access to tech-friendly cities like Salt Lake City and Provo. For companies expanding westward or targeting the Mountain West region, forming a foreign LLC in Utah provides the legal foundation to operate efficiently and legally under state law.
Feature | Utah | Nevada | California | Colorado |
---|---|---|---|---|
Filing Fee | $70 | $425 | $70 | $100 |
Annual Report/Biennial Report Fee | $20 | $350 | $20 | $10 |
Income or Franchise Tax | No | Yes | Yes | No |
Tax Structure Type | Pass-through | Corporate/Franchise | Franchise | Pass-through |
Registered Agent Required | Yes | Yes | Yes | Yes |
Register a foreign LLC in Utah if you want your business to operate across your home state lines. With an affordable filing process, quick online registration, and business-friendly tax policies, Utah is a smart choice for out-of-state LLCs. Keep in mind that some licenses may also require disclosure of the names and addresses of your LLC members.
Make sure to follow each step carefully, meet annual renewal deadlines, and stay compliant with local licensing and tax requirements. For professional help, consider working with an LLC service provider or business attorney familiar with Utah law.
No, your foreign LLC does not need to maintain a physical office or address in Utah. However, state law requires that you appoint a registered agent who has a physical street address in the state (P.O. boxes are not accepted). This agent must be available during normal business hours to receive legal documents and official notices.
If you file online through the Utah OneStop Business Registration portal, your application is typically processed within 1–2 business days. Paper filings are accepted but may take additional time to be reviewed and approved by the Utah Division of Corporations and Commercial Code.
No. If your LLC is transacting business in Utah without being registered as a foreign entity, you may face penalties such as fines and the inability to enforce contracts in Utah courts. You could also be barred from bringing legal action until your registration is complete and in good standing.
Failure to comply with ongoing requirements—such as filing your annual renewal, keeping your registered agent information current, or paying applicable state fees—can result in administrative dissolution or revocation of your authority to operate in Utah. This means your LLC would lose its legal standing in the state, putting your business operations and liability protections at risk.
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*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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