One of the prerequisites for creating a limited liability corporation (LLC) in Missouri is to designate a registered agent. A person or organization named as the LLC’s registered agent will receive all legal and official correspondence and notices on its behalf. The registered agent must be accessible to receive these documents during regular business hours and have a physical location in Missouri.
Is it possible to act as your own registered agent for a Missouri LLC? Yes, if you have a Missouri physical address and are accessible during regular business hours, you may act as your own registered agent. However, serving as your own registered agent has several drawbacks. If you are not accessible during business hours, you can miss crucial legal notices or documents, which could have legal repercussions. Additionally, if you act as your own registered agent, your home address would appear on public records, which might compromise your privacy.
You must submit a Statement of Change of Registered Agent/Office to the Missouri Secretary of State if you choose to change the registered agent of your LLC there. There is a $25 filing fee and this form can be submitted online or by mail. The change must be communicated in writing to your current registered agent as well.
You must submit a Statement of Resignation of Registered Agent to the Missouri Secretary of State if you are currently acting as the registered agent for your LLC in Missouri and wish to quit. There is a $25 cost and this form can be submitted by mail or online as well. You must also give written notice of your resignation to the LLC.
What exactly does a registered agent in Missouri do then? The registered agent makes sure that the LLC is aware of any litigation or legal actions brought against it in addition to receiving legal and official papers on the LLC’s behalf. The registered agent also gives the LLC’s owners a level of privacy by keeping their home addresses out of the public domain.
And lastly, what does a registered agent in Missouri cost? Depending on the source, the fee of a registered agent in Missouri varies. Registered agent services are provided by some companies for as little as $50 annually, while others charge as much as $200. Finding a registered agent service that suits your needs and budget requires research and comparison.
In conclusion, even though you are permitted to act as your own registered agent for an LLC in Missouri, there may be certain drawbacks to take into account. Make sure you are accessible during business hours and are aware of any potential privacy consequences if you want to act as your own registered agent. Be sure to follow the correct steps and notify all relevant parties if you need to replace or resign as your LLC’s registered agent. Find a registered agent service that suits your demands and budget by doing some research and comparing different options.
No one is eligible to serve as a registered agent in Missouri. A registered agent must reside in Missouri or be a company that is permitted to conduct business there, according Missouri law. In addition, the registered agent is required to have a Missouri physical address where they can accept official correspondence on behalf of the LLC.