What Is An Arizona Registered Agent?
The main point of contact of your Arizona LLC with the state is your registered agent. Registered agents receive things, such as compliance information and tax notifications, on behalf of their client’s LLC.
The role of registered agents is to accept service of process. That is why your registered agent will accept the legal summons on behalf of your LLC, especially if your LLC is getting sued.
Is It Possible To Be My Own Registered Agent In Arizona?
Yes! You can be your own registered agent. It is also possible to select a member of your LLC, or you can choose to select someone you trust, as long as the person:
has a physical address in the state where you conduct business
is at least 18 years
can receive service of process in person, so the person should always be available during normal business hours
Hiring a professional registered agent service is another option. It is more expensive than acting as your own registered agent, which is one of the disadvantages. However, you can pay fees or face further legal trouble if you misplace or miss an important document or notice, so use a service to avoid any fees and further legal trouble. Using a service can even save you some more time and money in the long term.
Can I Use An Arizona Registered Agent Service?
The advantages of hiring a professional registered agent service for your business are much more than the disadvantages. Registered Agent Services are also known as commercial registered agents.
The address of your registered agent is listed on the public record. It is not listed on your office or personal address. It is important to consider this if you operate your business out of your home.
You need to be available during standard business hours at the address you provide to receive official notices, especially if you decide to act as your own registered agent. You can keep a flexible schedule if you hire a professional registered agent.
Your registered agent notifies your immediately and discreetly if your business is sued. You do not have to worry about getting served in front of your workers, or even worse in front of your clients or customers.
Peace of Mind
A registered agent makes it easy to keep your LLC in good standing. How? The professional will notify you of any requirements and send you regular compliance reminders for keeping your LLC in good standing. Therefore, you will have more time and energy to run your business.
A national registered agent service will continue services if you choose to expand your business as a foreign LLC in different states.
It is more expensive to hire a commercial registered agent service than to act as your own registered agent.
How To Elect A Registered Agent in Arizona?
You are required to elect a registered agent when completing the Articles of Organization of your LLC in Arizona.
How to Elect a Registered Agent Online
You will pay a filing fee of $50 to form your LLC online at the website of the Arizona Corporation Commission. You will fill in the name and contact information of your registered agent on the “New Statutory Agent Information” section on the online form.
How to Elect a Registered Agent by Mail
How do you form your LLC by mail? You will pay a $50 filing fee and download the Articles of Organization. Then, you will fill out the required fields and send a physical copy to the State of Arizona Corporate Commission Corporate Filings Section. You will provide the information about your registered agent in the middle of page 1 under Article IV (Statutory Agent).
How Can I Change My Registered Agent In Arizona?
The Corporations Division of Arizona provides the proper forms, so fill out these forms in person or by mail to change your registered agent service. You will also have to fill out and submit a Statement of Change of Address or Statutory Agent, a Statutory Agent Acceptance form, and a cover sheet. In Arizona, you will pay a non-refundable fee of $5 ($35 if expedited) to change your registered agent.
You need to submit the signed consent form of your new registered agent when you elect your new registered agent. This step depends on who you select to be your registered agent and it can vary by state.
Registered Agent FAQ
Do I Need a Registered Agent in Arizona?
All limited liability companies (LLCs) and corporations are required to have a registered agent in every U.S. state, except for the state of New York. The names of the registered agents are different in different states, including an agent of service of process, a statutory agent, or a resident agent.
It is Possible to Be My Own Registered Agent in Arizona?
Yes! In Arizona, it is possible to be own registered agent as long as you:
have a physical address in Arizona
are at least 18 years old
can receive service of process in person, so you should always be available during normal business hours
What Is the Work of a Registered Agent?
A registered agent maintains up-to-date paperwork to keep your business compliant. The other role of the registered agent is to accept official correspondence on your business’s behalf, including legal notices, tax forms, and paperwork from the federal government and the state.
Can I Be My Own Registered Agent?
You need to meet certain conditions to serve as your own registered agent. Some small business owners do not want to appoint someone else or hire a third party to the role, so they choose to do this instead.
There are potential inconveniences and extra responsibilities that come with this position. That is why several business owners choose to hire a professional service or another person to act as a registered agent for their businesses. It is important to weigh the advantages and disadvantages of each option before deciding what is best for you and your business.
What is a Registered Agent Service?
A registered agent service, a third-party company, charges a fee to take on a registered agent’s responsibilities for your business.
Who Can Be a Registered Agent?
The requirements of a registered agent vary from state to state. However, they generally allow business entities and individuals to serve as a registered agent of a company.
A business entity needs to be registered to operate in the operate and the individual needs to be 18 years or older. Both need to be available during regular business hours, so they need to have a physical office location.
You can be your own registered agent. However, we highly encourage you to hire a reliable registered agent service with enough experience to handle this part of your business needs.
How Much Does It Cost to Hire a Registered Agent?
The cost of hiring a registered agent varies. It is free if you are acting as a registered agent of your company. And some third-part services charge a few hundred dollars a year.
It is possible to save time and money in the long term by hiring a registered agent service.
Are Registered Agents the Same as the Owners?
No! The roles of the registered agents are not the same as the roles of the owners. Registered agents accept official correspondence and keep certain paperwork up to date on behalf of the business. However, the business owner can act as a registered agent of their company.
Why Do I Need to Appoint a Registered Agent?
If you own a business in most states, you are required to designate a registered agent. However, we highly recommend you appoint a registered agent even if the state does not require you to do so. You can maintain your privacy and gain peace of mind by appointing a registered agent to accept service of process.
Is a Registered Agent Liable?
If the registered agent fails to meet their legal responsibilities as a registered agent, like failing to inform you that your business was being sued, then the registered agent could potentially be liable for damages.
Is It Possible to Change My Registered Agent?
Yes! It is possible to change your registered agent. How? You will file the necessary paperwork with the appropriate state agency.
Can I Use a Registered Agent Service?
It is important to decide whether hiring a registered agent service is best for you and your business. It is more convenient to hire a registered agent service, and the service can help reduce the amount of paperwork you need to keep track of yourself. However, it is expensive to hire a registered agent service. You can determine the best option for you by weighing the advantages and disadvantages.
What is a Statutory Agent?
A statutory agent is also known as a resident agent, a process of service agent, or a registered agent.
Registered agents are referred to as statutory agents in the state of Arizona.
What is a Resident Agent?
The other name of a resident agent is a statutory agent, a process of service agent, or a registered agent.
What is a Service of Process Agent?
A service of process agent is also known as a statutory agent, a resident agent, or a registered agent.
What is a Commercial Registered Agent?
Commercial registered agents are referred to as registered agent services in some states.
What is the meaning of “Service of Process?”
The meaning of service of process is to receive legal documents like a summons. A summons orders you to appear before a judge because of a pending lawsuit.
What is the difference between a commercial registered agent and a noncommercial registered agent?
In most states, LLC owners are required to provide the name and the address of their registered agent to form an LLC. Some states will ask you to select a commercial or a noncommercial registered agent. Professional registered agents are referred to as commercial agents in some states while individual registered agents are referred to as noncommercial agents.
Does Registered Agent Mean Owner?
No! A registered agent does not necessarily have to be a business owner. However, a business owner can be a registered agent.