No, Registered Agents don’t file Annual Reports in their duties as a Registered Agent. LLC owners (called Members) are responsible for filing their own Annual Report. That said, many professional Registered Agent Services also provide LLC filing services for an additional fee. We’ll explain what a Registered Agent is and why they don’t file Annual Reports for LLCs.
A Registered Agent is a person or company who agrees to receive legal documents and state notices on behalf of your LLC. And a Registered Agent’s job is simply to receive these documents, then forward them to the LLC owner. We’ll explain the duties of a Registered Agent under state law. We’ll also explain what duties you’ll still be responsible for (but might be able to hire your Registered Agent to complete).
Almost every state requires your LLC to have a Registered Agent. That said, there are 2 exceptions: New York and West Virginia. We’ll explain these exceptions. Then we’ll show you how you can save money and protect your privacy by listing your own Registered Agent, even though it isn’t required.
Every LLC must have a Registered Agent at all times. If you don’t have a Registered Agent, your LLC risks: missing important state notices, missing the delivery of legal documents, losing its good standing status, being shut down, and missing court dates and filings. We’ll explain what a Registered Agent is, why you need one, and what can go wrong if you don’t have one. Then, we’ll explain how to fix it.
No, a Registered Agent can’t open a bank account for an LLC. Banks require that all of the LLC Members (owners) be present in order to open a bank account. We’ll explain what a Registered Agent is and why they can’t open a bank account for your LLC.
No, a Registered Agent can’t sign contracts or agreements on behalf of an LLC. Simply being an LLC’s Registered Agent doesn’t give a person or business the right to sign on behalf of the LLC. This is because a Registered Agent doesn’t own or control the LLC. They simply receive and forward important documents. We’ll explain what a Registered Agent is, what they do, and why they can’t sign on behalf of an LLC.
No, a Registered Agent isn’t liable for the debts of an LLC just because it’s the Registered Agent for the LLC. The Registered Agent also isn’t liable in any lawsuits against an LLC. Only the LLC itself can be held liable for its own debts and lawsuits. We’ll explain what a Registered Agent is, and their relationship with an LLC. Then, we’ll explain LLC liability.
Almost every state requires you to list a Registered Agent when you start your LLC, and to keep one for as long as your LLC exists. But, many new business owners don’t know what a Registered Agent does, or what is required when listing one. We’ll explain the Registered Agent duties and requirements to help you make the best decision for your LLC.
An LLC can only have one Registered Agent in each state where it is registered to do business with the Secretary of State. The exception to this is New York. We’ll explain the rules about how many Registered Agents your LLC can have, and the exception in New York.
In most states, you have several options for who can be your Registered Agent. They include you, a friend or family member, your LLC itself (only allowed in a few states), a Registered Agent Service, an attorney, or a CPA. Regardless of who you choose, they’ll need to meet the state requirements. We’ll explain your options and the Registered Agent requirements, so you can choose the best option for your LLC.
