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registered agent?

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9:28 pm
November 13, 2012


retireby40

USA

Member

posts 1381

I'm finally going to form an LLC. I want to set it up to be effective in 2013 and move all my online businesses over.

So I was going through the process and I found out that I need a registered agent…

Anyone have any tips on getting the right registered agent? I'm searched online and the cheapest one cost $59/year. 

Who do you use? 

Thanks

-Joe

retire by 40

Twitter: @retirebyforty

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9:38 pm
November 13, 2012


sooverthis

Kentucky

Moderator

posts 1041

I'm my own registered agent. All that means is the person responsible for dealing with any official communication related to the business. My attorney said I could serve as my own (in KY anyway), which I liked since it was free. :)

 

 

 

4:52 am
November 14, 2012


Mike – Saving Money Today

Member

posts 520

I formed my LLC through my attorney and they serve as registered agent for no extra fee. 

5:31 am
November 14, 2012


Eric J. Nisall

Coral Springs, FL

Member

posts 377

The one thing you need to recognize about registered agents is that they need to be reachable during business hours in order to receive "signed-for" packages.  So, if you name yourself as the RA, and don't work from home then the odds are you won't be there during business hours to receive these types of packages (which include communications from the IRS and legal matters since they are often times sent via USPS signature required to verify receipt).

 

I'm pretty sure almost any attorney who does practices business law or does incorporations will have a RA service.  Choosing one will involve making sure that they are capable of keeping you in compliance with state and federal statutes when it comes to whatever communications they receive on your behalf, and how good they are at keeping you apprised in the event of any such event.  As with anything, you do get what you pay for in terms of the quality and reliability of the people you hire for certain tasks.

Eric J. Nisall

DollarVersity

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8:20 am
November 14, 2012


Eric – PersonalProfitability.com

Portland, OR

Member

posts 2120

In my state, we can do that ourselves. No extra cost.

8:54 am
November 14, 2012


The College Investor

San Diego, CA

Admin

posts 1935

I do it myself as well.  For packages, they will just re-deliver or you will have to pick up from the post office if you miss it at home.

Please check out The College Investor at http://thecollegeinvestor.com!  This is the home of my Investing 101 Class.

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9:19 am
November 14, 2012


Wayne

Member

posts 125

I've chosen myself as the RA for one LLC and a friend (who's a lawyer) as the RA of another.

If you want the ownership of the business to remain private, you can add an RA and use a PO Box. Anybody can look up the documents your LLC has filed on the Secretary of State's website.

J Wayne

VisualFin.com | Financial education through the use of visuals

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6:13 am
November 15, 2012


Khaleef @ KNS Financial

Fat Guy, Skinny Wallet

Member

posts 3149

I'm my own RA for my LLC. Definitely my best option considering how small my business is.

Khaleef "Fat Guy" Crumbley

My Battle to Lose 100lbs and Pay off $100k in Debt:

http://fatguyskinnywallet.com

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2:58 pm
November 15, 2012


retireby40

USA

Member

posts 1381

I think I'll be my own RA for now. If my business grow, then I'll get a real RA. 
Thanks everyone! 

retire by 40

Twitter: @retirebyforty

Facebook: Retire By 40 

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