Why Do You Need A Utah Reinstatement For Your LLC Or Corporation?
Administrative dissolution revokes the benefits that come with a company’s entity type. Utah reinstatement will return it to active or good standing status with the state so it can continue doing business without worry.
What Is Needed To File For Reinstatement?
The Utah reinstatement process includes the filing of paperwork and resolving delinquencies. It depends on the state where your company conducts business.
LLC – In Utah, an administratively dissolved LLC can apply for reinstatement online through https://secure.utah.gov/abr/login.html. You can also do it by mail, by fax, or in person. You have to file an Application for Reinstatement with the Division of Corporations and Commercial Code. If you choose to file via fax, include a Fax Cover Sheet.
If you want to receive a return copy, submit the documents in duplicates. Otherwise, your registered agent will only receive an acknowledgment. If you have appointed a new registered agent, include a Registration Information Change form in your submission.
Corporation – An involuntarily dissolved Utah corporation will have to submit a Tax Letter of Good Standing from the Tax Commission and an Application for Reinstatement. You may also need to submit a Registration Information Change form. File these documents with the Division of Corporations and Commercial Code by mail, by fax, or in person.
To get a return copy, you need to submit two copies of each document. If you do not do this, your registered agent will only receive an acknowledgment.
How Much Will It Cost To Reinstate?
LLC – Reinstating an administratively dissolved LLC in Utah requires you to pay $70. There are no penalty fees. If you submit a Registration Information Change form, you need to pay another $15. Expedited service costs an additional $75.
Corporation – The filing fee for the Utah reinstatement of a corporation is $70. The Registration Information Change form costs $15. Meanwhile, the Application for Tax Letter of Good Standing is free. If you want to speed up the processing time, you will have to pay another $75.
How Long Will This Process Take?
LLC – The Division of Corporations and Commercial Code may take 5-7 business days to finish processing LLC reinstatement filings. Online processing and expedited service are done in 48 hours.
Corporation – The normal processing of corporate Utah reinstatement filings takes approximately 5-7 working days. Expedited service is done in 48 hours.
What Is Required On The Forms?
LLC – You will need to disclose some pieces of information on the forms.
- Business Entity Type
- Entity Number
- LLC Name
- New Name, If Applicable
- Name And Address Of The Registered Agent
- Name, Title, And Signature Of The Authorized Representative
Corporation – Corporations also need to prepare certain information to accomplish the forms.
- Business Entity Type
- Entity Number
- Company Name
- New Name, If Applicable
- Name And Address Of The Registered Agent
- Name, Title, And Signature Of The Authorized Representative
What Cannot Be Changed On The Forms?
You cannot change the registered agent, principal address, and names or addresses of company officials using the reinstatement form. However, you can do that by submitting a Registration Information Change form along with the Utah reinstatement.
What If My Company’s Name Is In Use When I Need To Reinstate?
LLC – The state reserves your LLC name for two years, which is the time limit for Utah reinstatement. Therefore, you will have the right to your name during that time.
Corporation – The state protects the name of an involuntarily dissolved corporation in Utah for two years, so another entity cannot take it before you reinstate your business. That is also the period you are allowed to reinstate.
How Can DoMyLLC Assist With Streamlining?
You need to reinstate your company to continue doing business in Utah. To do that, you will have to follow the Utah reinstatement process and submit all necessary paperwork.
If you have never been in this situation, you may find it too much to handle. It may be best to seek the help of a reliable third-party organization like DoMyLLC. Our team of experts is here to assist you from start to finish. We can help ensure that your company will complete all of the steps properly.
Utah Reinstatement FAQs
Can you change your registered agent on the reinstatement?
Yes, you can change the registered agent of your company along with your reinstatement filing. All you have to do is attach a Registration Information Change form.
How many annual reports can your company fail to submit before the state prohibits reinstatement?
Your company can miss up to three annual reports before it loses the opportunity to reinstate.
How long can your company be inactive with the state before it has to start over as a new business entity?
An administratively dissolved company in Utah has two years to reinstate before it has to file as a new business entity.