Letter of Good Standing

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General Information

If you want to reinstate a C or S corporation that was involuntarily dissolved, the Utah Department of Commerce requires you to have a Letter of Good Standing from the Utah State Tax Commission. See requirements below. There is no fee for this. Sole proprietorships, partnerships, limited partnerships, and limited liability companies are not required to have a Letter of Good Standing to be reinstated.

If you are selling a business the purchaser may request that you provide them a Letter of Good Standing for a Successor in Business.

Requesting a Letter of Good Standing

To request a Letter of Good Standing to reinstate your business, complete form TC-42, Application for a Letter of Good Standing. To request a Letter of Good Standing to sell your business, complete form TC-42S, Application for a Letter of Good Standing for a Successor in Business.

You can submit the form in one of the following ways:

Utah State Tax Commission
Taxpayer Services Division
210 North 1950 West
Salt Lake City, Utah 84134-7000

Requirements

To qualify for a Letter of Good Standing, the corporation must be current on all tax returns and tax payments, including penalties and interest from the time registered to do business with the Utah Department of Commerce to do business in Utah.

Processing Time Expectations

A Letter of Good Standing is usually issued within ten days after the request is verified.

Next Step

Submit the Letter of Good Standing to the Utah Department of Commerce with the Application for Reinstatement

Please note . . .

TC-69 Form Usually Requires Additional Schedules

When submitting a TC-69 paper form, you MUST also include the appropriate schedule(s). If you do not include the correct schedule(s), your business registration will be delayed.

Note: To save time and ensure all needed schedules are included, you can apply for a tax account online.

Please note . . .

Sales tax filing is changing

All Utah sales and use tax returns and other sales-related tax returns must be filed electronically, beginning with returns due Nov. 2, 2020. File electronically using Taxpayer Access Point at tap.utah.gov.

This includes:

  • Third quarter, July-Sept 2020 (quarterly filers)
  • September 2020 (monthly filers)
  • Jan – Dec 2020 (annual filers)
  • All related schedules

You can continue to the PDF form below, or go to TAP to register and begin filing electronically now—no need to wait until the deadline!