Annual reports filed with the Secretary of State in Utah are official documents that provide a comprehensive overview of a business's financial performance, operations, and management throughout the previous year. These reports are required by law and serve as a means for businesses to maintain transparency and compliance with state regulations.
Follow the guide below to help you file your annual report with the Secretary of State in Utah or use Mosey to do it.
Use Mosey to automate annual reports in Utah.
Avoid the hassle of doing it yourself and use Mosey to automate foreign qualification, annual reports, and registered agent service.
Utah Annual Business Renewal for LLC, LLP, Corporation
You must file an annual report, known as a "business renewal," with the Division of Corporations & Commercial Code every year by the anniversary date of your registration. The Division of Corporations & Commercial Code will send a renewal postcard with a "Renewal ID" to your registered agent address 60 days before the due date. You will need the Renewal ID to file. Note: The renewal fee for nonprofit corporations is $10.
Locate Renewal ID
Locate the Renewal ID on the postcard from the Division of Corporations. If you don't have the Renewal ID, you can request for the Division of Corporations to send you an Access ID.
File Business Renewal Online
Log in to the Business Renewal portal with your Entity ID and Renewal or Access ID.
What else do I need to know?
There may be additional things you will need to do to maintain your "good standing" in the state including having a registered agent and other kinds of taxes.
Maintaining a Registered Agent
Most states require that you have a registered agent that can receive important mail from the Secretary of State should they need to contact you. There are many commercial options available or you can use Mosey to be your registered agent and keep your information private in Utah.
Other Taxes
In addition to maintaining a registered agent, maintaining your good standing can include additional taxes. This can include franchise tax, sales tax, or other state taxes. You can use Mosey to identify these additional requirements to maintain good standing in Utah.