Rhode Island Registered Agent

The Registered Agent must be a resident individual or a domestic or qualified out-of-state corporation, LLC or other business entity. The Registered Agent's office address must be a physical address in the state. This means that a P.O. box does not qualify as an in-state address.

The purpose of a registered agent is to provide a legal address (not a P.O. Box) within that jurisdiction where there are persons available during normal business hours to facilitate legal service of process being served in the event of a legal action or lawsuit.

Reasons why businesses hire registered agent servicesRegistered agent services typically cost somewhere between $100 and $300 per year. For some business owners, it's well worth the fee to not have to track the official notices and annual report due dates with the state.

The agent for service of process can be anyone the business owner, an employee, or an outside person or service hired to fulfill the role.Many companies hire a registered agent service, a company that is set up to accept notices and service of process for other businesses.

People often wonder whether they can form an LLC in a state they don't live in. The answer is yes. Companies have flexibility when choosing where to establish their domicile. Several states actively compete for new business formations.

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.

You hire a new registered agent, file a Change of Registered Agent form with the state where the business is registered, and then cancel service with the old registered agent. Businesses can change registered agents at any time. Most states do, however, require a filing fee for the Change of Registered Agent form.

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.

Can I Be My Own Registered Agent in Illinois? LLCs and Corporations cannot act as their own registered agents in Illinois. You are required to appoint one. You can hire Illinois Registered Office LLC for only $49 per year.