Complete Legal Utah Startup For Sole Proprietorship Forms For Free

No registration with Utah Department of Commerce is necessary, but it is recommended to register a DBA (doing business as), and if you plan to hire employees then also obtain an EIN.

Utah Sole Proprietorship Checklist Even though you don't have to file any documents in order to begin operating your business as a Utah sole proprietorship, you do need to obtain a business license from the county/counties where you will be conducting business. Business Name.

To file taxes on your sole proprietorship income, you must keep track of a few IRS forms like Form 1040, Schedule C, Form 940, Form 941, Form 944, etc. Let's have a look at the forms. Plus, any self-employment tax deductions need to be factored in and recorded.

How much does it cost to start a sole proprietorship in California? Virtually nothing! You'll have almost no costs to start a sole proprietorship in California. You don't have to register the business or get a license from the state, and you only need to get a business license if your locality or industry requires it.

Register Your Company Sole proprietors and partnerships using a name other than the owners' legal names must complete a ?doing business as? (DBA) form with the Utah Division of Corporations and Commercial Code. There is a $22 fee to complete the form, which can be done as a paper application or via the online portal.

There are also no fees involved with forming or maintaining this business type. If you want to operate a Utah sole proprietorship, all you need to do is start working. However, just because it's so easy to get started doesn't mean there aren't some additional steps you should take along the way.