You might be wondering if you can serve as your own registered agent if you’re forming an LLC in Michigan. Yes, you can act as your own registered agent in Michigan, to give the quick response. Before choosing to be your own registered agent, there are a few crucial factors to take into account.
Let’s start by explaining what a registered agent is. A business company, such as an LLC, may appoint a registered agent to receive legal and official documents on its behalf. Every LLC in Michigan must have a registered agent.
You can absolutely serve as your own registered agent in Michigan if you run an LLC. There are a number of reasons, though, why this might not be the greatest option for your company. One justification is that a registered agent must be accessible to receive legal documents during regular business hours. If you are a full-time business owner, you might not be available to receive these documents throughout all business hours. This can result in essential legal documents or deadlines being missed.
Privacy is another factor to take into account when choosing a registered agent. Your address will be made available to the public on the website of the Michigan Department of Licensing and Regulatory Affairs (LARA) if you choose to use your home address as your registered agent. It follows that anyone can look up your address and possibly use it to send you unsolicited mail or engage in other unpleasant solicitation.
If you’ve previously created an LLC in Michigan, you might be asking how to find out how it’s doing. By going to the LARA website and looking up your company entity, you may quickly determine the status of your LLC. You can view your LLC’s current status as well as any recent filings or papers on the website.
Although operating agreements are not required for LLCs in Michigan, it is highly advised that you have one. A legal document known as an operating agreement describes who owns your LLC and how it will run. It may shed light on crucial problems including profit sharing, member roles and obligations, and dispute resolution. Although it is not needed by law, an operating agreement might assist avert future misunderstandings and legal conflicts.
In conclusion, even though you are permitted to serve as your own registered agent in Michigan, doing so might not be the wisest move for your company. There are registered agent services offered by third parties that can assist in ensuring that your legal documents are received promptly and protect your privacy. To safeguard your company in the long run, it is also crucial to examine the status of your LLC and establish an operating agreement.