The LLC is not required to hold annual meetings or to comply with the many operational restrictions imposed upon corporations. Corporations typically hold several required formal meetings each year.The exact requirements vary depending on state laws and your corporation's bylaws. Annual Meeting of Shareholders Utah corporations must hold meetings of shareholders annually, at the time and date stated in the by-laws. Total cost, time, and step-by-step instructions on how to incorporate in Utah. Do it yourself or purchase our incorporation service. A corporation shall hold a meeting of shareholders annually at a time stated in or fixed in accordance with the bylaws. Utah requires corporations to file an annual report before the anniversary date of the incorporation. To fill out the form, you'll need to provide the following information: Corporate name. An increase in the number of shares or par value does not affect initial filing fees.