A Resident Agent is a person or company who receives legal documents and notices from the state for an LLC.
Said another way, a Resident Agent is a receiver and forwarder of documents.
If your business gets involved in a lawsuit, a Resident Agent will accept legal mail (called “Service of Process”) for your LLC. Then they will send you the documents, so you can follow the court’s instructions and decide if you want to hire an attorney.
A Statutory Agent is a person or company who receives legal documents and notices from the state for an LLC.
Said another way, a Statutory Agent is a receiver and forwarder of documents.
If your business gets involved in a lawsuit, a Statutory Agent will accept legal mail (called “Service of Process”) for your LLC. Then they will send you the documents, so you can follow the court’s instructions and decide if you want to hire an attorney.
What’s the difference between an LLC Member and a Registered Agent? One owns the company, the other handles legal mail. Learn how their roles work together.
A Manager-managed LLC is run by selected Managers, not all owners (Members). This guide explains how it works, who it’s for, and why some choose it for privacy or simplicity.
An LLC Member is simply an owner of an LLC. Members can be individuals, companies, trusts, or even non-US residents. An LLC can have one Member (Single-Member LLC) or many (Multi-Member LLC). Members have liability protection, meaning their personal assets are safe if the LLC is sued or owes money.
An LLC Manager is a person or company chosen to run the day-to-day business and sign contracts for the LLC. LLCs can be Member-managed (run by owners) or Manager-managed (run by Managers). Members pick the Manager(s) and can remove them if needed. This choice is documented in the LLC Operating Agreement and sometimes in state filings.
A Member-managed LLC is the most popular LLC structure for small business owners. All Members (owners) run the business and make decisions. Learn how it works, who it’s for, and how it compares to Manager-managed LLCs.
Yes, an LLC in one state can own property in another, generally speaking. This is very common in real estate investing and holding property.
Hiring an attorney to form an LLC typically costs $1,000 to $1,500 to form an LLC. This usually includes LLC name, Articles of Organization, Operating Agreement, and EIN. However, fees and services can vary based on the LLC attorney you hire.
Choosing a Registered Agent can feel overwhelming. We know firsthand because we’ve formed LLCs in almost every state – and we’ve chosen different Registered Agents depending on each business’s needs.
At this point, you could say we’re pros at it. ;)
We’ll explain your options and guide you through the decision process – so you can choose the best Registered Agent for your business needs.
