Question: Does Registered Agent Mean Owner?

Should I be my own registered agent for an LLC?

You can act as your own Registered Agent for a corporation or LLC as long as you have a physical street address in the state where your corporation or LLC is formed.

The actual corporation or LLC being formed, however, cannot name itself as its own Registered Agent..

What do I do if I don’t have a registered agent?

Because the registered agent accepts important notifications on behalf of your LLC, if you don’t have a registered agent, or one who is available, this means that your LLC misses out on legal notices about things you need to know, such as notifications from the IRS or your state tax department.

Why have a registered agent?

Your Registered Agent is also responsible for receiving service of process for your company. Service of process is legal paperwork that gives your company official notice that a lawsuit has been filed against it. Your registered agent may also receive other court documents such as wage garnishment orders or subpoenas.

Why you should not be your own registered agent?

Agents are required to keep regular business hours. Registered agents need to have regular business hours to accept service of process. This can be difficult for small business owners who often cannot stay in an office all day and who cannot afford to hire full-time employees to work out of a specific location.

Can my accountant be my registered agent?

In most cases, any resident of the state you do business in can be a registered agent – they just can’t list a P.O Box as their address. … However, your company’s accountant, lawyer, or any of its corporate officers can also act as the registered agent for your business.

Can a virtual office be used as a registered agent?

For starters, a virtual office is not the same as a registered agent. A registered agent (or registered office) only receives your legal documents on behalf of your company. … A virtual office can function as an address for your regular office. It must be permitted by the United Stated Postal Service.

Is registered agent the same as owner?

When you designate a registered agent, you reach an agreement with that person or company to accept service of process on your LLC’s behalf. … The registered agent does not become an owner of your LLC—unless he or her is already a member—and does not have the right to respond to the papers received on your behalf.

Who is considered a registered agent?

A registered agent is simply a person or entity appointed to accept service of process and official mail on your business’ behalf. You can appoint yourself, or in many states, you can appoint your business to be its own registered agent.

Do I need a registered agent?

Every business should have a registered agent and, in many cases, it’s required by law. by Michelle Kaminsky, Esq. If you own or run a small business, most states require you to have a registered agent. But even if your state doesn’t, strongly consider getting one.

Can my wife be my registered agent?

Your registered agent is the person named in your limited liability company’s (LLC) articles of organization to accept service of legal documents on the company’s behalf. You can name your spouse as your registered agent, but this may not be a good idea.

How do I choose a registered agent?

5 Factors to Consider When Choosing a Registered AgentChoose a professional service. At first glance, the registered agent’s task seems simple enough: have an office that’s open during business hours. … Consider value, not just price. … Go with a nationwide provider. … Evaluate service levels. … Evaluate software.

Should I use LegalZoom as my registered agent?

LegalZoom is a good choice to serve as your registered agent because of their premium features like a Compliance Calendar, and due to their wide popularity in the industry. … LegalZoom has a flat $159 per year price for registered agent services.