When creating a Limited Liability Company, also known as an LLC, there are several requirements that must be met in order to successfully file for a LLC. One of those requirements is to have a Registered Agent. The term Registered Agent is a term that many business owners have never heard of. Below you will find a few frequently asked questions regarding a Registered Agent, in hopes this helps you understand what a Registered Agent is and the role it plays in your business.
 What is a Registered Agent?
Answer: Given you are in the transportation industry, and spend the majority of your time over the road, a Registered Agent serves as the receiver of important legal and tax documents for your business. Documents received can include, but are not limited to:  important mail sent by the State,  tax documents sent by the department of taxation, and  Service of Process, also known as Notice of Litigation, which are documents that initiate a lawsuit of some sort. A Registered Agent will receive these documents on behalf of your business and will then work with you, as the business owner, to ensure you have also received a copy of the information received.
 Who may serve or act as a Registered Agent?
Answer: A Registered Agent may be either  an individual who is a resident of the state in which the LLC is formulated in and whose business office address is identical with the entity's (i.e.: LLC) registered office, OR  a corporation authorized to transact business in the state in which the LLC is formulated in, and whose business office address is identical with the entity's (i.e.: LLC) registered office. It is important to note that a Registered Agent must also be available at their address during normal business hours: Monday - Friday, 8:00 am - 5:00 pm.
 Can my entity's (i.e.: LLC) registered office address be the address for a mailing service company (i.e.: Mailboxes, Etc. or a UPS Store)?
Answer: No. It is also important to note that a Registered Agent's address will be publicly accessible (meaning it is a matter of public record and anyone can access it).
 Can I change the Registered Agent of my business?
Answer: Yes. At any point a business owner can change who serves as the Registered Agent for his or her company. For most states, in order to accomplish this, a Statement of Change of Registered Agent form must be completed and signed by the business owner and filed with the State. Keep in mind the Registered Agent must be in the same state your LLC is registered in.
Please feel free to contact Abacus CPAs, LLC for any questions or concerns you have regarding your LLC or Registered Agent!