Can Owner Be Registered Agent
Tin a Registered Amanuensis Be the Owner of the LLC?
A registered agent tin be any person with a physical accost in the country where the limited liability company (LLC) was formed or a company authorized to exercise business concern in the country. As a issue, the possessor of the LLC can be the LLC's registered agent. Yet, it is generally not recommended.
In this article, we talk over what a registered agent is, the requirements for being a registered agent, and why an owner may not desire to not serve every bit the LLC's registered amanuensis.
- What Is a Registered Agent
- Things to Consider as an Possessor Acting as a Registered Amanuensis
- Should Y'all Hire a Registered Agent Service?
- FAQs
What Is a Registered Agent?
A registered amanuensis is a person or company authorized to accept legal documents, revenue enhancement documents, official correspondence, and other important documents on behalf of your business. A registered agent is too known equally a resident agent or statutory agent.
About states crave LLCs to designate a registered amanuensis. The registered agent can be a professional person service, the LLC's owner, or another individual the owner feels comfortable with, equally long as they come across the state's criteria.
Registered amanuensis services offering a number of benefits. To explore your options, check out our Best Registered Agent Services review.
For more data on registered agents, come across our guide What is a Registered Agent?
What Is the Purpose of a Registered Agent?
A registered agent acts as a company's chief point of contact for process servers and other regime officials. Someone representing your visitor must be reachable at all times during business organization hours, and the registered agent serves in that function.
Without a registered agent, you are much more likely to miss important documents from the government or a tertiary party, such as revenue enhancement documents, official government correspondence, or a summons (notice of a lawsuit). This could event in fines or other legal sanctions against your company.
When Do I Choose a Registered Agent?
In most states, an LLC, partnership, or corporation must designate a registered agent at the germination stage. As such, when the visitor chooses a concern structure, it volition too be required to add a registered agent when it files its Manufactures of Organization with the Secretary of Country or other appropriate government agency.
Things to Consider as an Owner Acting as a Registered Agent
The possessor of an LLC, or whatsoever other private, can deed equally the LLC's registered amanuensis if they:
- Are 18 years or older
- Accept a physical accost (not a P.O. box) in the state where business organisation is conducted
- Are available in person during normal business hours
However, at that place are several things an owner should consider before deciding to deed as their LLC's registered agent. These include:
- Privacy
- Time Requirements
For more than information nearly being your ain registered agent every bit well as the advantages and disadvantages of doing so, check out our Can I Be My Own Registered Amanuensis? guide.
Privacy
The concrete accost of a registered agent is a matter of public record. This means your home accost volition be listed if you deed as your LLC'due south registered amanuensis and work out of your dwelling house, which presents privacy concerns.
If yous work out of an function and list that as the registered agent'south address, this avoids some privacy concerns only adds others. In particular, you may non desire someone coming to your office in the middle of a workday and serving a lawsuit or delivering other sensitive documents in front of your employees.
Time Requirements
If you human action as your LLC'due south registered agent, you will need to exist available every day during business hours to receive and sign for documents. This requires time that yous could be spending on other business matters.
Should You lot Hire a Registered Agent Service?
Designating someone else to serve equally a registered agent for your LLC or corporation has its benefits. In this section, we encompass the major advantages of using an affordable, national, third-party registered agent service officer—like ZenBusiness or Incfile—such as:
- Compliance with the Constabulary
- Peace of Mind
- Flexibility
- Privacy
Visit our Should I Use a Registered Amanuensis Service guide for assist with making the right choice for your business organisation.
Compliance With the Law
Ane of the principal benefits of hiring a registered agent is that they will help you stay up-to-date on land regulatory requirements, such equally deadlines for annual report filings. A registered agent tin also assistance you keep copies of your corporate documents equally well every bit aid you find accountants and attorneys.
All of these services will help your LLC stay on the right side of the police force and avoid fines and lawsuits.
Peace of Mind
By hiring a registered agent, you can take peace of mind that your company is meeting legal requirements that you otherwise would accept to keep track of yourself. This allows y'all to focus on other priorities, such as growing your business.
Flexibility
A professional registered agent will always be available during business hours every mean solar day of the year to receive important documents. This gives you more flexibility in choosing your own work hours.
Moreover, hiring a national registered amanuensis service will allow you lot form an LLC in any of the 50 states.
Privacy
Hiring a registered agent volition keep you from beingness served with a lawsuit or having to sign for other sensitive documents in person. In addition, you won't have to publicly list your abode address.
LLC Owner Registered Agent Frequently Asked Questions
Is a registered agent necessary?
Most states crave you lot to designate a registered agent for your LLC, partnership, or corporation when forming your business. After choosing your business organisation structure, you will be expected to add a registered agent office when you lot file your Articles of Organization with the Secretary of State or other official government agency.
Tin can the organizer of an LLC be the registered agent?
It depends on the state. In some states, the organizer of an LLC can also be the registered agent.
Does Registered Agent hateful possessor?
No. A registered agent is a person or entity that a company designates to receive official legal documents such as court papers. It could be the possessor, but it doesn't have to be.
Can a registered agent sign on behalf of an LLC?
A registered amanuensis may not sign official documents on behalf of an LLC unless the LLC's operating agreement explicitly states that the registered agent is authorized to do and so. Withal, a registered agent can sign for the receipt of official documents on behalf of the LLC.
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