Should I Act As My Own Registered Agent
Can I Exist My Own Registered Agent?
Anyone with a physical address in the country where the limited liability company (LLC) was formed tin can deed as a registered agent. That ways you can exist your own registered agent. Even so, nosotros typically recommend hiring a registered agent service instead.
In this guide, we'll explain what a registered amanuensis is, what requirements a registered agent must meet, and why you may not want to serve equally your own registered agent.
- What Is a Registered Agent?
- Who tin can be a Registered Agent?
- Why Should I Be My Ain Registered Agent?
- Benefits of Hiring a Registered Agent Service
- FAQs
What Is a Registered Agent?
A registered agent is a person or entity that is legally authorized to accept official documents, such as tax documents or service of process, on behalf of a company. A registered agent is too known as a resident amanuensis or statutory agent.
In about states, an LLC, partnership, or corporation must designate a registered agent. The registered agent tin can be the LLC'due south owner, another individual, or a professional person service. However, the private or service must meet the criteria prepare by the land.
Registered agent services offering a number of benefits. To explore your options, bank check out our All-time Registered Agent Services review.
For more information on registered agents, see our What Is a Registered Agent? guide.
What Is Service of Process?
Service of process is when a summons, or detect of a lawsuit, is served on a representative of one of the parties to the lawsuit. Service of process acts as official find to the party being served so that they are aware of the lawsuit and can secure proper legal representation.
For a more in-depth explanation, check out our What Is Service of Procedure for an LLC? guide.
Who Can Be a Registered Agent?
A registered agent can be any person who:
- Is 18 years or older
- Has a physical address (not a P.O. box) in the state where business is conducted
- Is available in person during normal business hours
A professional service besides can act as a registered amanuensis if the company is authorized to do business organization in the state, has a physical address there, and has an authorized individual there to receive official documents during normal business hours.
Why Should I Be My Own Registered Amanuensis?
While it may exist tempting to act as your own registered agent to save money, information technology could end up costing you more over time. This is considering a registered agent service can help you avoid fees or legal bug acquired by missing or misplacing an important certificate or find.
How to Elect Yourself as a Registered Agent
To elect yourself as the registered agent for your LLC, simply list your name, address, and other required information on your LLC's germination documents when you file them. If your company already has a registered agent, you tin can file a grade with the advisable state agency to change it to yourself.
Downsides of Existence Your Own Registered Agent
The downsides of being your own registered agent include loss of privacy and time.
In terms of privacy, if yous work out of your habitation and act every bit your own registered agent, your dwelling house address will exist listed in a public database operated by the state. Many people may non exist comfortable with this.
If you work in an function exterior your home and act as your ain registered agent, people may deliver sensitive documents to your role that you lot would rather go on private (like service of process) during business concern hours.
Interim equally your own registered agent also requires fourth dimension for receiving documents and keeping track of filing deadlines that you could be spending on other business matters.
Benefits of Hiring a Registered Agent Service
In that location are several benefits of hiring a registered agent service rather than acting is your own. These include:
- Compliance With the Law
- Peace of Mind
- Flexibility
- Privacy
See Should I Utilise a Registered Amanuensis Service for more than information.
Compliance With the Law
A registered amanuensis service helps y'all stay upward-to-date on legal requirements similar filing deadlines, helps find accountants and attorneys, and keeps copies of your corporate documents.
Peace of Mind
Hiring a registered amanuensis service will give you lot peace of mind that yous are coming together legal requirements and don't have to go along track of them, equally they can change periodically.
Flexibility
If y'all hire a registered agent service, you tin can work whenever you lot wish and won't have to exist available during regular business hours every day of the week to sign for documents.
Privacy
Hiring a registered agent service volition keep your domicile accost out of the public record if yous work from home. If your office is located outside your home, it volition foreclose deliveries of sensitive documents during work hours.
Recommended: ZenBusiness Registered Amanuensis Service
ZenBusiness is a small business organization formation service that helps others launch their businesses. After advisedly researching many LLC formation services, we decided to partner with ZenBusiness to design packages that offer the most affordable registered agent services for our users at but $99/year for an existing business. You tin likewise upgrade to the complete coverage package to include a "Worry-Free Compliance" guarantee for a total of $149/twelvemonth.
Tin can I Be My Own Registered Amanuensis FAQs
Tin can I be my own registered agent for an LLC?
Yes, y'all can be your own registered agent if yous own an LLC. However, for privacy reasons and to free up your time for building your business, we recommend hiring a registered amanuensis service.
Can anybody be a registered amanuensis?
Any adult who meets the criteria for a registered amanuensis can be one. These include:
- Being xviii years or older
- Having a physical accost (not a P.O. box) in the state where business is conducted
- Being available in person during normal business concern hours
How much does it toll to hire a registered amanuensis?
Registered agent services typically toll between nigh $100 and $300 a year.
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