Can I Be My Own Registered Agent in Tennessee?

Can I be my own registered agent in Tennessee?
Yes, you can be your own registered agent in Tennessee. However, after considering the registered agent requirements most business owners elect to hire a registered agent service instead.

Having a registered agent is one of the prerequisites for launching a business in Tennessee. A registered agent is a person or organization chosen to accept legal and official documents on the company’s behalf. Is it possible for one person to serve as their own registered agent? The answer is yes, but a few conditions must be satisfied.

You must be a Tennessee resident or a company registered to do business there in order to serve as a registered agent in Tennessee. You can act as your own registered agent if you fulfill these conditions and are prepared to accept official paperwork on behalf of your company.

Can I act as my own registered agent for an LLC, then?

In Tennessee, you are permitted to act as your own registered agent for your LLC. Being a registered agent, however, comes with a certain amount of responsibility because you will be in charge of receiving and managing crucial legal paperwork. If you feel uneasy handling this duty, you might want to think about using a registered agent service.

Does TN permit domestication of LLC in this regard?

Yes, domestication of LLCs is permitted in Tennessee. Domestication is the process of transferring an LLC between states. You must submit the required documentation to the Tennessee Secretary of State and comply with all state regulations in order to create an LLC in Tennessee. It is significant to remember that the domestication process could incur costs.

What is the cost of incorporating in Tennessee?

Depending on the sort of entity you are forming, Tennessee incorporation fees vary. For instance, a for-profit corporation’s articles of incorporation cost $100 to file, but an LLC’s articles of organization cost $300. Franchise taxes and yearly report fees are two additional possible fees related to incorporation.

Can I use a PO Box in Tennessee for my LLC?

No, in Tennessee, your LLC’s registered office address cannot be a PO Box. Legal and official documents must be able to be delivered at the registered office address. This can be the registered agent’s address, your home address, or the address of your place of business. It’s crucial to remember that the registered office address needs to be in Tennessee.

FAQ
What is better LLC or sole proprietorship?

In Tennessee, can I serve as my own registered agent?