Now that we took a deep dive into the best-registered agent’s services, it’s time to understand why you really need a registered agent.
Why Do You Need a Registered Agent?
If you own a small business or are in the process of forming an LLC or a corporation, you are required to appoint a registered agent to receive legal documents for your business
One of the unique benefits of owning an LLC is that your business structure is treated as a separate legal entity.
Although your LLC is separate from you, there are still requirements for maintaining contact with representatives of the legal world.
This is where the registered agent comes into play!
Every state in the U.S requires business entities to have a registered agent. Many services like MyCorporation and Incorporate.com offer good customer support, but they didn’t make the list of best-registered agent services for a reason.
What is a Registered Agent for LLC?
A registered agent is a responsible third party, either an individual or a business, that resides in the same state as your business. Even if you have an LLC in an add
They are designated to receive service of process letters, take care of state compliance, tax notices, and other issues on behalf of your LLC or corporation.
To be as clear as possible about the role of registered agents: they are responsible for receiving important legal documentation in the name of your business.
Besides being available to receive mail during business hours, business services offer additional features.
This includes preparing and filing compliance documents or reminding your LLC about important due dates.
Because of these additional services, choosing the right registered agent for your LLC can simplify your life as a business owner. It’s important to note that if you have an LLC outside of your home state, you need to appoint an additional registered agent.
Can You be The Registered Agent for Your Own LLC?
Yes, you can if you have a street address in the state where you are forming your LLC.
If that’s the case and you would like to be your own registered agent you can use your home address.
Being your own registered agent is convenient, but take caution before mixing your business and personal life.
When you decide to become your own registered agent, you’re taking on the responsibility of being on top of important legal notices and you need to pay attention to your annual report.
In addition to that, the address you use becomes public information – even if it’s your home address.
If you’re conducting business outside of the state that your LLC or company was formed in, then having a registered agent is even more important for you.
For example, let’s say your business is located in Texas, but you sell goods or provide services in Maryland. If you have a home address in the state of Maryland, you can become your own registered agent and cut some significant spending costs from your budget.
However, if you don’t live in the state of Maryland, then you will probably want to hire a registered agent service as that is a requirement.
Cost of Registered Agent
The average cost for a registered agent is around $150 per year.
Using an LLC registered agent service is one of the expenses of starting your business, and it’s a cost that repeats yearly.
However, finding the best-registered agent service will save you time and hassle down the road.
This is one area where spending a little now can save you time and headache in the future.
Is There a Free Registered Agent Service?
No, unfortunately there really isn’t a free registered agent service.
There are registered agent services that offer a few months or even a year free if you use them to form your LLC, but after that time is up you’ll have to start paying the fee.
Choose the Best Registered Agent for Your LLC
The legal side of creating a business can be overwhelming. Take every stage slowly and make sure you do your homework (as you are right now)!
Our goal is to help you grow your business and choose the best-registered agent service for your business.
If you’re still not sure which registered agent company is for you, here’s a quick recap of our registered agent review.
Northwest is best for – Entrepreneurs who are looking for quality support and overall great value for money.
ZenBusiness is best for – Businesses looking for low-priced legal services that offer a whole lot more than just a registered agent service.
Incfile is best for – People who are interested in fantastic customer service available to answer your questions.
Rocket Lawyer is best for – Anyone looking for a solid online platform and overall quality services.
LegalZoom is best for – Companies that are looking for experienced agents.