Can The Owner Of An Llc Also Be The Registered Agent?
Can a Registered Amanuensis Be the Owner of the LLC?
A registered amanuensis can be any person with a concrete address in the state where the limited liability company (LLC) was formed or a visitor authorized to do concern in the country. Equally a outcome, the owner of the LLC tin be the LLC's registered agent. However, information technology is generally not recommended.
In this article, we hash out what a registered agent is, the requirements for being a registered agent, and why an owner may not want to not serve every bit the LLC's registered agent.
- What Is a Registered Agent
- Things to Consider as an Possessor Interim every bit a Registered Amanuensis
- Should You lot Hire a Registered Agent Service?
- FAQs
What Is a Registered Agent?
A registered agent is a person or company authorized to accept legal documents, tax documents, official correspondence, and other of import documents on behalf of your business. A registered agent is too known as a resident amanuensis or statutory agent.
Most states require LLCs to designate a registered amanuensis. The registered agent can be a professional person service, the LLC's possessor, or another individual the owner feels comfortable with, every bit long as they meet the state'southward criteria.
Registered agent services offer a number of benefits. To explore your options, check out our All-time Registered Agent Services review.
For more data on registered agents, run into our guide What is a Registered Agent?
What Is the Purpose of a Registered Amanuensis?
A registered agent acts as a visitor's main point of contact for process servers and other authorities officials. Someone representing your company must exist reachable at all times during business organisation hours, and the registered agent serves in that function.
Without a registered agent, you are much more than likely to miss of import documents from the regime or a third party, such as revenue enhancement documents, official government correspondence, or a summons (detect of a lawsuit). This could issue in fines or other legal sanctions against your company.
When Exercise 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 company chooses a business organisation structure, information technology volition also be required to add a registered agent when it files its Articles of Organization with the Secretary of Land or other appropriate government agency.
Things to Consider as an Possessor Interim as a Registered Agent
The owner of an LLC, or any other individual, can human action as the LLC's registered amanuensis if they:
- Are 18 years or older
- Take a physical address (not a P.O. box) in the land where business organisation is conducted
- Are available in person during normal business concern hours
Still, there are several things an possessor should consider before deciding to act as their LLC'southward registered agent. These include:
- Privacy
- Time Requirements
For more information about being your own registered agent too equally the advantages and disadvantages of doing so, cheque out our Can I Be My Own Registered Agent? guide.
Privacy
The physical address of a registered agent is a matter of public record. This ways your domicile address will be listed if yous act equally your LLC's registered amanuensis and work out of your dwelling, which presents privacy concerns.
If you work out of an role and list that as the registered agent'due south accost, this avoids some privacy concerns but adds others. In item, you may not want someone coming to your function in the middle of a workday and serving a lawsuit or delivering other sensitive documents in forepart of your employees.
Time Requirements
If you act every bit your LLC'south registered agent, you will demand to be available every solar day during business hours to receive and sign for documents. This requires time that you could exist spending on other business concern matters.
Should Y'all Hire a Registered Amanuensis Service?
Designating someone else to serve as a registered agent for your LLC or corporation has its benefits. In this department, we embrace the major advantages of using an affordable, national, third-political party registered agent service officeholder—like ZenBusiness or Incfile—such as:
- Compliance with the Law
- Peace of Mind
- Flexibility
- Privacy
Visit our Should I Use a Registered Amanuensis Service guide for help with making the right choice for your business organization.
Compliance With the Police force
I of the chief benefits of hiring a registered amanuensis is that they will help yous stay up-to-engagement on state regulatory requirements, such as deadlines for annual report filings. A registered agent can also assistance you keep copies of your corporate documents as well as help you lot find accountants and attorneys.
All of these services will help your LLC stay on the right side of the law and avoid fines and lawsuits.
Peace of Mind
Past hiring a registered amanuensis, you can accept peace of mind that your company is meeting legal requirements that you otherwise would take to continue track of yourself. This allows you to focus on other priorities, such every bit growing your business.
Flexibility
A professional registered agent will always be available during business organization hours every day of the year to receive important documents. This gives you lot more than flexibility in choosing your own piece of work hours.
Moreover, hiring a national registered agent service will let you class an LLC in any of the 50 states.
Privacy
Hiring a registered agent will keep you from being served with a lawsuit or having to sign for other sensitive documents in person. In improver, y'all won't accept to publicly list your home address.
LLC Possessor Registered Agent Ofttimes Asked Questions
Is a registered agent necessary?
Nearly states require you to designate a registered agent for your LLC, partnership, or corporation when forming your business organisation. After choosing your business organization construction, yous will be expected to add a registered agent function when you file your Articles of Arrangement with the Secretary of Land or other official government agency.
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 Amanuensis hateful possessor?
No. A registered agent is a person or entity that a company designates to receive official legal documents such as courtroom papers. It could be the possessor, but it doesn't have to be.
Can a registered amanuensis sign on behalf of an LLC?
A registered agent may not sign official documents on behalf of an LLC unless the LLC'due south operating understanding explicitly states that the registered agent is authorized to do so. Notwithstanding, a registered agent can sign for the receipt of official documents on behalf of the LLC.
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