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Registered Agent for LLC

Discussion in 'Business Operations' started by Armadillolawncare, Jan 1, 2008.

  1. Armadillolawncare

    Armadillolawncare LawnSite Senior Member
    Messages: 570

    I am trying to switch from a sole prop to an LLC using Legalzoom.com to make the switch. One of the questions they ask is if I want them to be my registered agent. They charge $149.00 for this service. What do you guy.s that are LLCs do about this? Who do you use as your registered agents and what do they charge?
  2. Happy Frog

    Happy Frog LawnSite Bronze Member
    Messages: 1,224

    Be your own registered agent. It's the contact for the administration, nothing else.
  3. fknippenberg

    fknippenberg LawnSite Member
    Messages: 49

    The registered agent is nothing more than someone who is listed on the filing for the purpose of being served any legal notices, law suits etc... You can be listed yourself no need to pay them for it.
  4. Armadillolawncare

    Armadillolawncare LawnSite Senior Member
    Messages: 570

  5. paydex

    paydex LawnSite Member
    Messages: 64

    you can only be your own registered agent if you reside in the same state as your corporation was formed.

    so if you have a delaware corp. and you are based in florida, for example, you need a registered agent in that state.
  6. GrassyKnoll

    GrassyKnoll LawnSite Member
    from U.S.A
    Messages: 4

    Business owners choose to incorporate or form a Limited Liability Company (LLC) to help protect personal assets from business liabilities and to provide tax-deductible benefits for employees and owners. Both of these useful structures for small businesses and entrepreneurs are formed via an official state filing. As a state-recognized business entity, there are several legal and tax documents that your company will receive each year from the state.

    Most jurisdictions require corporations and LLCs to designate and maintain a Registered Agent to receive and forward such documents on behalf of your company. The Registered Agent for your corporation or LLC must be located at a legal address (not a PO Box) within that state, hence they are sometimes referred to as "Resident" Agent. Your company's Registered Agent is required to be available at all times during normal business hours to receive documents and tax notices from the state and service of process from any legal proceedings.

    Failure to maintain a Registered Agent can result in loss of corporate or LLC status. Equally important—if a responsible party is not available to receive service of process at all times, then your company could be unaware of a legal claim and a judgment may be entered against you.

    It is not a good idea for businesses to serve as their own Registered Agent. Rather, the safest route is to select a reliable third party such as a service company. Using a service company as Registered Agent provides peace-of-mind for busy business owners:

    It gives you the freedom to let business (and vacation!) take you out of the office.

    It provides a layer of privacy, protecting you from being served with a legal proceeding in front of customers, clients, vendors or neighbors.

    It allows you freedom to change locations as your company grows, without filing costly changes of address with the state each time.

    The Registered Agent serves a critical purpose and is an important part of protecting your corporate status and your company's future. It is important that small businesses select a highly reliable company to serve as their Registered Agent. Incorporation and LLC service companies often provide Registered Agent service as part of their formation package. Look for a company that maintains a nationwide network of offices and serves as a full time Registered Agent in all 50 states plus District of Columbia, so that they can service your company's needs as you grow.

    A good Registered Agent has long-standing relationships with Secretaries of State. They should forward to you, via traceable overnight courier, all service of process the same day it arrives, summarizing the vital information, including who is bringing suit, in what court, when process was served, the nature of the case and how much time you have to respond. Plus, they should receive and promptly forward official state documents such as franchise tax notices and annual reports.

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