A registered agent is someone who is registered to do business in the same state in which a business entity is established and who is appointed to receive service of process notices, correspondence from the secretary of state and other official government notifications including tax forms or potential lawsuits. All LLCs are required to choose a registered agent when filing with their secretary of state.
A registered agent receives tax and legal documents for your business and ensures that you don't miss important notifications regarding tax payments, lawsuits or legal activities involving your business. However, a registered agent may or may not have a role in the operation of the business itself.
All LLCs are required to designate a registered agent when they file with their secretary of state. Failing to do so will cause you to fall out of good standing with the state causing hefty fines. If you change your registered agent without notifying the secretary of state, penalties can include license revocation, fines, and your right to enter into legal contracts and/or gain access to the state court system could be revoked. Reinstatement proceedings could also include additional financial and legal hardships.
In order to change Registered Agents, you must first complete and submit a change of Registered Agent filing. This filing will allow you to stop using your current Registered Agent service and elect a new Registered Agent.
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