Starting a Business in Utah
Starting a new business is both exciting and challenging. If you’re looking to establish your business in Utah, our concierge CPA services provide the personalized, expert assistance you need to grow on a firm financial foundation.
Esplin CPA’s extensive experience ensures that you receive top-notch, individualized service, guiding you through every step of the process to ensure your business is set up for success from the start.
Business Setup Services Include:
- Business Structure Selection
Personalized guidance on choosing the right entity type (LLC, corporation, partnership, etc.) for your needs and to maximize your tax savings. - Business Plan Development
A solid business financial plan is essential to your startup’s success. We can help plan for the kinds of taxes and obligations you’ll encounter. - Regulatory Compliance
Most businesses will have some type of municipal, state, and federal compliance requirements—even if they’re as basic as tax, insurance, licensure. - Tax Planning and Advice
Optimizing your tax planning from the beginning with expert strategies reduces stress and surprises. - Accounting System Setup
Establishing robust (but simple) accounting practices will keep your finances on track and put you in control.
Why Hire Esplin CPA?
Commonly Ask Business Startup Questions
Choosing the right business structure depends factors like your business goals, the number of owners involved, and tax considerations. Common structures include sole proprietorship, LLC, corporation, and partnership. Esplin CPA will evaluate your options and choose the best structure for your new business.
To register your business in Utah, you’ll need to choose a business name, then file the appropriate formation documents with the Utah Division of Corporations and Commercial Code. You’ll also need to obtain necessary licenses and permits, and comply with local zoning laws. Esplin CPA can guide you through each step to ensure your paperwork is clear, compliant, and that you know how to keep it that way.
Compliance with tax regulations involves understanding both state and federal tax obligations, keeping accurate financial records, and the timely filing of tax returns. Esplin CPA provides expert tax planning and preparation services to help you stay compliant and avoid penalties—whether you need to pay sales tax, employment taxes, or simply income tax.