Can You Be Your Own Registered Agent Llc

Appointing yourself registered amanuensis for your company sounds similar it might be the simplest solution, but in fact, it's not advisable.

While it's tempting to act equally your ain registered agent for LLC or corporation issues, it'south more often than not not a good thought.

6 Reasons You Shouldn't Be Your Own Registered Agent

What Is a Registered Agent?

A registered agent is a person or agency your company appoints to receive official notices on your LLC'south or corporation's behalf. This includes service of procedure, correspondence with the state, and notifications most land and federal taxes.

The amanuensis for service of process tin exist anyone — the business organization possessor, an employee, or an outside person or service hired to fulfill the part.

Registered agents are peculiarly important for companies that are not based in a land where they are doing business (for case, you're located in New York merely also sell things or provide services in New Jersey). In that location must a manner to contact the company for legal purposes, and a designated registered agent is the style to do and so.

Many companies hire a registered agent service, a company that is ready to accept notices and service of procedure for other businesses. These firms have thorough procedures in identify so that they tin runway annihilation they receive on your behalf and ensure it comes to your attention quickly.

Information technology might seem every bit if it would be less expensive and simpler just to be your ain registered agent, but there are several reasons why this is not skilful business practice.

1. The agent needs to accept a concrete address.

A corporation or LLC registered agent must accept a physical address within the country where the company is doing business, and a mail service role box does non suffice. A private mail service or mailbox also does not fulfill the requirement.

There has to be a brick and mortar place where someone can go to evangelize service of process or evangelize mail service. If you're doing concern outside your home country, y'all may not have a physical location in that state.

2. You may not desire to utilise your home address.

If y'all plan on being your ain registered amanuensis, you lot may end up having to apply your home address (especially if you lot have a habitation-based or web-based business), which will make the address public. This raises privacy concerns and also means the address will exist available to marketers and may increase the amount of junk mail you receive at your home.

Additionally, it could hateful a process server or angry litigant could come to your habitation to serve you lot with notice of a lawsuit, something y'all may not want to bargain with at habitation.

3. Address change notices must be made promptly.

Ane thing to consider every bit you wonder, "Tin can I be my ain registered agent?" is that if y'all're planning on moving or relocating your concern location, you would need to notify the country of each address change, which can be time-consuming. Y'all will likely also need to pay a fee for each notification of an address alter.

When you add up those fees and consider the time involved in handling address changes with the state, it is simpler and peradventure less expensive to hire a registered agent service.

iv. Agents are required to keep regular business concern hours.

Registered agents demand to have regular business organization hours to accept service of process. This tin can be hard for small-scale concern owners who often cannot stay in an role all 24-hour interval and who cannot afford to hire full-time employees to work out of a specific location.

5. Yous must have an agent in every country.

You need to designate a registered agent in every state your company does business concern in. It would be costly to maintain a brick and mortar location for your company in each state.

If you hire a registered amanuensis service, yous tin hands maintain an amanuensis in every state without hiring employees or maintaining a concrete location in each state where you lot are conducting concern.

6. You never want to miss an of import discover.

Paying a small fee each year for registered agent services so that you accept an amanuensis for service of process and other notices tin exist well worth the time yous will save in trying to keep track of official notices yourself and making sure y'all're sorting and reading your post.

This blazon of service ensures you won't miss or forget about an important detect, which could exist hugely expensive for your company if you don't respond to pending litigation or if you fail to pay taxes past their deadlines.