Legalzoom Registered Agent Review: Right for Your Business? Worth It?

Legalzoom Registered Agent Review: Right for Your Business? Worth It? Wondering exactly what the Legalzoom Registered Agent service is, is it right for your business and worth it?  Legalzoom"s registered agent service is reviewed including an overview of the role, the need for a registered agent, plus my recommendations on which companies need an agent and which do not need a registered agent.

Registered Agent Services at LegalZoom

A registered agent is a company that you assign to receive your important legal documents in the regular mail on your behalf.

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Advantages of Having a Registered Agent (RA)

• Avoid Fines - Many states require businesses to have a registered agent to receive court documents and other important notifications


• Prevents Oversights - The registered agent will be sure to receive the filings and both notify and advise you of the next legal actions you need to take to stay safe in within the law


• Privacy and Freedom - By hiring the services of a Registered Agent at a professional firm such as Legalzoom, you keep your business matters private from your nosy neighbors and will not be disturbed at home by being served court documents.

 

 

Legalzoom Registered Agent Services Includes:

1. Notification and emailed copies of any court documents sent to your business


2. Archive, scans, and ID of documents for safe recordkeeping


3. Maintain Calendar of Compliance dates that important paperwork must be filed


4. Email notification reminders of upcoming filing deadlines for state income tax and annual reports


5. Attorney advice about legal matters from the Legalzoom network is available as an optional service

 

Who can be a Registered Agent?

The RA must be an adult or business authorized by you, the business owner, that is available during standard business hours at a street address in the state which your company was formed as a DBA, LLC or INC.

Some states use different terms for the same person and service. The names term resident agent, statutory agent, agent for service of process all function the same as the Registered Agent.

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Can I be my Own Business Registered Agent?

Yes, you can be legally, but most business experts advise against it because this is such an important role. When you hire someone else to be responsible for receiving your legal and tax documents you will rest easy knowing that they will always be there to accept such important paperwork. No longer will you worry about missing a tax notice or being on vacation when the court served you papers.

 

Things Your Registered Agent can Receive for Your Business

1. Court documents if you are served


2. State tax notifications


3. Secretary of State notices


4. Annual Report notices


5. Junk Mail - they will dispose of


6. Office state correspondence

 

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Why You Should Not Be Your Registered Agent

Why You Should Not Be Your Registered Agent You may be thinking about acting as your registered agent for LLC or business problems, but it is not wise to do so. The answer to "Could you be your registered agent?" Is yes, but you probably should not.



You might be thinking, "What is a registered agent?" A registered agent is a person or service your company appoints to receive official notices on your LLC"s or company"s behalf. Including service of process, correspondence with the country, and notifications about federal and state taxation.

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The agent for service of process could be anybody--the company owner, an employee, or an external individual or service hired to fulfill the function.

Registered agents are especially crucial for businesses that aren"t established in a state in which they"re doing business (as an instance, you"re situated in New York, but also sell items or provide services in New Jersey). There must a way to get the company for legal purposes, and a designated registered agent is the means to do so.

Most small businesses hire a registered agent service, such as my recommendation Legalzoom, a business that"s set up to accept notices and service of process for many different businesses. These companies have comprehensive procedures in place so that they can monitor anything they receive for your benefit and make sure it comes to your attention immediately.

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It may seem as though it would be less expensive and easier to only be your registered agent, but there are numerous reasons why this isn"t good business practice.

1. The agent should must a physical street address.
Corporations, whether c-corp or s-corps and LLC registered agents must have a physical address within the country where the business is doing business, and a post office box doesn"t suffice. A private email service or mailbox also doesn"t fulfill the requirement.
There needs to be a physical place where somebody can go to provide service of process or send mail. If you are conducting business transactions out of your headquarter state, you may not have a physical location in that state.

2. You may not wish to use your house address.
If you plan on being your registered agent, you might wind up needing to use your house address (particularly in the event you"ve got a home-based or web-based business), which will make the speech public. This raises privacy issues, and also means the speech will be available to entrepreneurs and could increase the amount of junk mail you get at your dwelling.
It also might indicate a process server or angry litigant could come to your house to serve you with lawsuits notices and summons, something that you might not need to deal with at home.

3. Address change notices must be made promptly.
One thing to think about as you wonder "Can I be my registered agent?" Is that if you are thinking about moving or relocating your business location, you would have to inform the state of every address change, which is time-consuming. You will probably also have to pay a commission for every notification of a change in speech.

When you add those up fees and think about the time involved in managing changes of address with the state, it"s simpler and possibly less expensive to employ a registered agent service.

4. Agents are expected to maintain regular business hours.
Registered agents will need to have regular business hours to be able to accept service of process. This can be problematic for small business owners who frequently aren"t able to keep in an office all day, and that can"t afford to employ full-time employees to work from a particular location.

5. You should have an agent in each state.
You want to designate a registered agent in each state that the company does business in. It would be quite expensive to maintain a physical location for your organization in each state.

If you seek the services of a registered agent service, you can easily keep an agent in each state without needing to hire workers or maintain a physical location in each state where you"re conducting business.

6. You never need to miss an important note.
Paying a small fee annually for registered agent services so that you have an agent for service of process and other notices may be well worth the time you"ll save in attempting to keep organize and track all of the government officials notices by yourself and making sure you"re reading and sorting your email.

This sort of service ensures that you won"t miss or forget about an important note, which may be hugely costly for your organization if you don"t respond to pending litigation or if you don"t pay taxes by their obligations.

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