What is a registered agent for LLC in Indiana?

Can I be my own registered agent for my LLC in Indiana?

Can I Be My Own Registered Agent In Indiana? Yes, any owner or employee of a business can be its registered agent in Indiana as long as they are over the age of 18, and have a street address in Indiana.

Can you be your own registered agent for an LLC?

You can act as your own Registered Agent for a corporation or LLC as long as you have a physical street address in the state where your corporation or LLC is formed. The actual corporation or LLC being formed, however, cannot name itself as its own Registered Agent.

How do I choose a registered agent for my LLC?

5 Factors to Consider When Choosing a Registered Agent

  1. Choose a professional service. At first glance, a registered agent’s task seems simple enough: have an office that’s open during business hours. …
  2. Consider value, not just price. …
  3. Go with a nationwide provider. …
  4. Evaluate service levels. …
  5. Evaluate software.
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Is registered agent the same as owner?

Does Registered Agent mean owner? No. A registered agent is a person or entity that a company designates to receive official legal documents such as court papers. It could be the owner, but it doesn’t have to be.

How much does it cost to file for LLC in Indiana?

The Indiana Secretary of State charges a $100 fee to file the Articles of Organization. You can reserve your LLC name with the Indiana SOS for $20. Indiana LLCs are also required to file biennial reports every other year after forming an LLC. The fee for this report is $50 if filed by mail or $32 when filed online.

Is it worth paying for a registered agent?

The Bottom Line

For many small businesses, hiring a registered agent service just doesn’t make sense. They have a regular storefront, keep normal business hours, only operate in their home state, and they aren’t concerned about their privacy. If that’s you, you should do fine without a registered agent.

Why you shouldn’t use LegalZoom?

LegalZoom Admits Its Limitations in Helping You

LegalZoom’s legal document service is not a substitute for the advice of an attorney. LegalZoom cannot provide legal advice and can only provide self-help services at your specific direction. LegalZoom is not permitted to engage in the practice of law.

Is it a bad idea to be your own registered agent?

Appointing yourself registered agent for your company sounds like it might be the simplest solution, but in fact, it’s not advisable. … While it’s tempting to act as your own registered agent for LLC or corporation issues, it’s generally not a good idea.

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Who should I make my registered agent?

In most states, the agent can be an individual who is at least 18 years old, or it can be a company that provides registered agent services. A corporation or LLC cannot act as its own agent, but in most states, one of its employees or owners can be the agent.

What are the risks of being a registered agent?

Risks to Being Your Own Registered Agent

  • 1) You Have to Be Available During All Business Hours. …
  • 2) You Could Miss an Important Delivery. …
  • 3) You Can Only Conduct Business In Your Home State. …
  • 4) A Registered Agent’s Address Is a Matter of Public Record. …
  • 5) Your Customers or Employees Could See You Get Served.

Can anyone be a registered agent?

In general, a registered agent can be any person who is at least 18 years old and has a physical address (not just a P.O. … An agent can also be a business that provides registered agent services to LLCs and corporations. Registered agent LLC rules vary slightly from state to state.

Can a registered agent refuse to accept service?

On occasion, a person legally allowed to accept will refuse to take the documents you are trying to serve them. This could be the person named in the documents, a co-resident who could be substitute served, or, in the event of a business: a manager or registered agent.

What does a registered agent do for a new company?

What does a registered agent do? Registered agents keep your business compliant by maintaining up-to-date paperwork. They also are in charge of accepting official correspondence on behalf of your business, such as paperwork from the state and federal government, tax forms, and legal notices.

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Which is better LLC or sole proprietorship?

Most LLC owners stick with pass-through taxation, which is how sole proprietors are taxed. However, you can elect corporate tax status for your LLC if doing so will save you more money. … However, due to the combination of liability protection and tax flexibility, an LLC is often a great fit for a small business owner.