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Can A Registered Agent Be A Business Owner

Can a Registered Agent Be the Owner of the LLC?

A registered agent tin be whatsoever person with a concrete accost in the land where the express liability company (LLC) was formed or a company authorized to do business in the state. As a result, the owner of the LLC can be the LLC'due south registered agent. Even so, it is generally not recommended.

In this article, we talk over what a registered amanuensis is, the requirements for being a registered agent, and why an owner may non desire to non serve as the LLC'southward registered agent.

  • What Is a Registered Amanuensis
  • Things to Consider equally an Owner Acting as a Registered Agent
  • Should You Hire a Registered Agent Service?
  • FAQs

What Is a Registered Amanuensis?

A registered amanuensis is a person or company authorized to take legal documents, tax documents, official correspondence, and other important documents on behalf of your business. A registered agent is also known as a resident amanuensis or statutory amanuensis.

Most states require LLCs to designate a registered agent. The registered amanuensis can be a professional service, the LLC'south owner, or another individual the owner feels comfortable with, equally long every bit they come across the country's criteria.

Registered agent services offer a number of benefits. To explore your options, check out our Best Registered Agent Services review.

For more data on registered agents, see our guide What is a Registered Agent?

What Is the Purpose of a Registered Agent?

A registered agent acts as a company's principal point of contact for procedure servers and other government officials. Someone representing your visitor must be reachable at all times during business organization hours, and the registered agent serves in that role.

Without a registered agent, you lot are much more likely to miss important documents from the government or a third party, such as revenue enhancement documents, official authorities correspondence, or a summons (notice of a lawsuit). This could result in fines or other legal sanctions against your visitor.

When Do I Choose a Registered Agent?

In most states, an LLC, partnership, or corporation must designate a registered agent at the formation phase. Every bit such, when the company chooses a business concern structure, it will also be required to add together a registered agent when information technology files its Articles of Organization with the Secretarial assistant of Country or other appropriate government agency.

Things to Consider as an Possessor Acting as a Registered Agent

The owner of an LLC, or any other individual, tin can human activity every bit the LLC's registered agent if they:

  • Are 18 years or older
  • Accept a physical address (not a P.O. box) in the land where business is conducted
  • Are available in person during normal business hours

However, at that place are several things an owner should consider earlier deciding to human activity as their LLC's registered agent. These include:

  • Privacy
  • Time Requirements

For more information about being your own registered agent as well as the advantages and disadvantages of doing and so, check out our Can I Be My Own Registered Agent? guide.

Privacy

The physical address of a registered agent is a affair of public tape. This means your home address will be listed if y'all human activity as your LLC's registered agent and work out of your abode, which presents privacy concerns.

If you work out of an office and list that as the registered agent'southward address, this avoids some privacy concerns only adds others. In particular, you may not want 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 deed equally your LLC'due south registered agent, you will need to be available every day during concern hours to receive and sign for documents. This requires time that yous could exist spending on other business matters.

Should You Hire a Registered Agent Service?

Designating someone else to serve as a registered agent for your LLC or corporation has its benefits. In this section, we cover the major advantages of using an affordable, national, third-party registered agent service officer—like ZenBusiness or Incfile—such every bit:

  • Compliance with the Police
  • Peace of Mind
  • Flexibility
  • Privacy

Visit our Should I Utilize a Registered Amanuensis Service guide for help with making the right choice for your business.

Compliance With the Law

One of the main benefits of hiring a registered amanuensis is that they will help you lot stay up-to-date on state regulatory requirements, such as deadlines for annual study filings. A registered agent tin also help you keep copies of your corporate documents besides as help you 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

By hiring a registered agent, you can have peace of mind that your company is meeting legal requirements that you otherwise would have to continue rails of yourself. This allows you lot to focus on other priorities, such as growing your business.

Flexibility

A professional registered agent will always exist available during business hours every day of the year to receive important documents. This gives you more flexibility in choosing your own work hours.

Moreover, hiring a national registered agent service will permit you lot form an LLC in whatsoever 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 addition, you won't take to publicly list your home address.

LLC Owner Registered Amanuensis Ofttimes Asked Questions

Is a registered agent necessary?

Most states require you lot to designate a registered agent for your LLC, partnership, or corporation when forming your business. After choosing your business structure, you will exist expected to add together a registered agent role when you file your Manufactures of System with the Secretary of State or other official authorities agency.

Tin the organizer of an LLC be the registered agent?

Information technology depends on the country. In some states, the organizer of an LLC can also exist the registered agent.

Does Registered Agent mean owner?

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 exist.

Can a registered agent sign on behalf of an LLC?

A registered amanuensis may non sign official documents on behalf of an LLC unless the LLC'due south operating agreement explicitly states that the registered agent is authorized to exercise so. Even so, a registered agent tin can sign for the receipt of official documents on behalf of the LLC.

Related Manufactures

Can A Registered Agent Be A Business Owner,

Source: https://howtostartanllc.com/registered-agent/can-a-registered-agent-be-the-owner-of-the-llc

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