Yes, choosing a registered agent is a legal requirement if you’re incorporating an LLC in North Carolina. This person or organization receives legal and tax paperwork on your behalf and acts as your LLC’s point of contact with the state. No P.O. boxes are permitted as registered agent addresses, and the agent must be accessible to receive deliveries during regular business hours. What Does a Registered Agent in North Carolina Do?
A registered agent in North Carolina might also get notices of legal actions or regulatory activities, in addition to obtaining legal and tax paperwork. The timely delivery of these materials to you is the agent’s responsibility.
The three primary positions in an LLC are member, manager, and registered agent. Members, who may be people, corporations, partnerships, or even trusts, are the LLC’s proprietors. The LLC’s day-to-day operations are managed by managers. If the LLC is administered by its members, the members are accountable for it. If it is manager-managed, the manager is chosen by the members. The registered agent is the person or organization chosen to receive legal and tax correspondence on behalf of the LLC.
In North Carolina, creating an LLC costs $125. When you submit your articles of organization, you must pay this charge to the Secretary of State’s office. If you decide to use an online legal service or employ a lawyer to assist you with the procedure, there can be additional expenses. To keep your LLC active, you must also pay a $200 annual report fee.
The first step is to select your new registered agent. You’ll need to find a new registered agent before you may switch. This could be a person or a business that offers registered agent services. Make that the representative is accessible during regular business hours and has a North Carolina physical address.
Second Step: Inform Your Current Registered Agent
You must let your current registered agent know that you are changing. A written notice can typically be sent in this manner via certified mail or email. If there are any particular notice requirements, see your registered agent agreement.
The North Carolina Secretary of State must receive a Statement of Change once you’ve selected your new registered agent and informed your current agent. You must provide the name of your LLC, the names of your previous and new registered agents, and their contact details on this form, which can be submitted online or by mail.
You must wait for confirmation from the Secretary of State’s office after filing your Statement of Change. Several business days are typically needed for this. As soon as you get confirmation, be careful to update your LLC’s records and let any pertinent parties (such your lawyer or accountant) know about the modification.
As a result, switching your registered agent in North Carolina is a simple procedure that calls for selecting a new agent, notifying your present agent, submitting a Statement of Change to the Secretary of State, and then waiting for approval. Keep in mind that in North Carolina, LLCs are required by law to have a registered agent, so be careful to select a qualified individual.
It is not stated in the article “Changing Your Registered Agent in NC: A Step-by-Step Guide” how long it takes to incorporate an LLC in North Carolina. On the other hand, according to the website of the North Carolina Secretary of State, processing of LLC formation documents normally takes 7 to 10 business days online and 15 to 20 business days via mail.
It is not stated in the article “Changing Your Registered Agent in NC: A Step-by-Step Guide” how much it costs to incorporate an LLC in North Carolina. However, according to the North Carolina Secretary of State’s website, an LLC must pay $125 to file its articles of organization.