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Onshore (USA)
Utah
Utah is a leading domicile for technological advancement, handling all annual filings and applications via a smooth online portal. A major selling point is that Utah does not impose any state or premium taxes, charging only a flat annual fee. Recent statutory amendments allow captives to cover punitive damages, provided they do not arise from criminal acts.
Quick Facts
Jurisdiction
Onshore (USA)
Legislation
Utah Insurance Code
Tax Environment
No premium or state tax; flat annual fee of $6,375
Financial Requirements
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Pure | $250,000 |
| Association | $750,000 |
| Industrial Insured | $700,000 |
| Sponsor | $500,000 |
info
Regulatory Framework
Utah Insurance Code
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Tax Environment
No premium or state tax; flat annual fee of $6,375
Detailed Profile
Regulatory & Statistical Profile
analytics
Statistical profile pending verification for this domicile.
checklist Authorized Captive Structures
List of authorized captive structures pending verification.
payments Fees & Solvency Compliance
Year Legislation Passed
Pending verification
Licensing Speed
Pending verification
Premium Tax Rate
Pending verification
Incorporation / Initial Fee
Pending verification
Annual Maintenance Fee
Pending verification
Annual Filing Requirements
Pending verification
gavel Regulatory Contact Office
Supervisory Authority
Pending verification
Office Address
Pending verification
Regulatory Department Staff
Pending verification
Captive Administrator
Pending verification
Considering Utah for Your Captive?
Our consultants provide end-to-end guidance on domicile selection, feasibility, and formation. Let us help you determine if Utah is the right fit.