Single Member Limited Liability Company LLC Operating Agreement - Utah 2025

Get Form
utah llc operating agreement Preview on Page 1

Here's how it works

01. Edit your utah llc operating agreement online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
Send utah operating agreement via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Single Member Limited Liability Company LLC Operating Agreement - Utah with our platform

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2
  1. Click ‘Get Form’ to open the Single Member Limited Liability Company LLC Operating Agreement in the editor.
  2. Begin by filling in the name of your LLC in the designated field. This is crucial as it identifies your business entity.
  3. Complete Article I by providing details about the formation, including the registered office and agent. Ensure accuracy to comply with Utah state laws.
  4. In Article II, specify the Initial Member's name and any potential additional members. This section outlines ownership structure.
  5. Proceed to Article IV to document contributions, profits, losses, and distributions. Clearly state initial contributions and how future contributions will be handled.
  6. Review Articles V through IX for voting rights, dissociation events, and dissolution procedures. Fill these sections based on your operational preferences.
  7. Finally, ensure all fields are completed accurately before saving or exporting your document for signatures.

Start using our platform today to streamline your LLC Operating Agreement process for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us

Electronic document signing requires a software solution that works in compliance with data protection and eSignature regulations. DocHub is a perfect tool for that, as it fulfills all the above mentioned requirements. Whatever method you like to sign your operating agreement llc utah in DocHub, your electronic signature will be legally binding and court-admissible.

You can find the latest and most relevant version of the utah single member llc filing requirements in our DocHub forms collection. Search it by categories or utilize the search field to get the exact template that suits your situation. You may open this form for editing after you find it.

State Franchise Tax This tax is also known as Business Privilege Tax in some states, due to the fact that operating an LLC in a state is a privilege. The state of Utah does not levy any franchise tax.
Single-member LLC Ownership A Single-member LLC has one owner (member) who has full control over the company. The LLC is its own legal entity, independent of its owner. Multi-member LLC Ownership A Multi-member LLC has two or more owners (members) that share control of the company.
Articles of Organization for your LLC are required in Utah. An LLC is organized by filing a Certificate of Organization.
be ready to get more

Complete this form in 5 minutes or less

Get form

People also ask

You are not legally required to have an Operating Agreement to form and run a Utah LLC. Still, it is recommended that you have one to further protect yourself from personal risk and liability in case of lawsuits against the company.
A single-member LLC is easier for tax purposes because no federal tax return is required, unless the business decides to be treated as a corporation for tax purposes. The income is reported on the members tax return. A multiple member LLC must file tax return, and give the members K-1 forms to file with their returns.
Updated June 07, 2022. A Utah LLC operating agreement is a legal document that has authority over the relations between the members and the activities and affairs of the company. The agreement states how the company will operate while also including its ownership structure.
Single member LLCs are treated the same as sole proprietorships. Profits are reported on Schedule C as part of your individual 1040 tax return. Self-employment taxes on Utah LLC net income must be paid just as you would with any self-employment business.
An operating agreement is a key document used by LLCs because it outlines the business financial and functional decisions including rules, regulations and provisions. The purpose of the document is to govern the internal operations of the business in a way that suits the specific needs of the business owners.

llc operating agreement utah