Once a company name is selected, the business owner must also select a registered agent. A registered agent is the point of contact between the company and the state.
Any official documentation like tax forms or legal documents is sent to this person. The registered agent’s name or company name is required when filing the Articles of Organization, which are the official LLC formation papers for the state of Florida.
What is a Florida registered agent?
A registered agent is a person or business entity that’s responsible for receiving important paperwork like legal documents, tax forms, annual reports, or a notice of a lawsuit. During the process of setting up an LLC in Florida, a company must list a registered agent on the Articles of Organization.
Do I really need a registered agent in Florida?
Yes. To be in good standing with the state of Florida, all LLCs must elect a registered agent for their company. Failure to do so can result in state fees or fines.
Can I be my own registered agent in Florida?
The state of Florida does allow a business owner to be his or her own registered agent. The owner must be 18 years old, have a physical address in Florida, and be available during regular business hours to receive important documents.
Who can be a registered agent in Florida?
In Florida, a registered agent can be the owner or any full-time resident of the state like a friend or coworker. A registered agent can also be a company doing business in the state, so long as the company has a registered office. A company can also work with a registered agent service. A registered agent must be: An adult Have a street address in the state, not a P.O. box Be at their residence or company during normal business hours
Should I hire a registered agent service?
There are companies that serve as registered agents. If an owner doesn’t want to be the company’s registered agent, and he or she would rather not elect a friend or a coworker, a registered agent service is an option. For a fee, a registered agent company will accept official documentation on your company’s behalf.
Here are some reasons you may want to opt for a service:
Convenience. Some business owners want to focus their attention on day-to-day operations and don’t want an additional chore on their plate. Electing a registered agent service is ideal for busy entrepreneurs looking to maximize their time.
Multi-state company. For entrepreneurs with more than one location, it’s easier to appoint a service as the company’s registered agent to make sure all documents are collected and forwarded.
Personal and business privacy equals peace of mind
If your company is sued, the registered agent will be served the paperwork, as opposed to an owner being served in front of employees or customers. For some, it creates a layer of privacy that’s worth the annual fee for the service.