Selecting a new registered agent is the first step in replacing your registered agent. The new agent must be based in Tennessee and accessible during regular business hours to receive official documents and mail.
You must inform your current registered agent that you are canceling their services once you have selected a new registered agent. You can do this by hand-delivering the written notification to their office or sending it to them via certified mail.
The next step is to submit the necessary documentation to the Tennessee Secretary of State. This can be done by mail or online. There is a $20 filing fee. Upon processing of your documents, your new registered agent will be formally acknowledged. Who needs to register in order to conduct business in Tennessee?
Any company that conducts business in Tennessee must register with the Secretary of State of Tennessee. This covers corporations, partnerships, and sole proprietorships as well as limited liability businesses (LLCs). Do I have to register in Tennessee as a sole proprietor?
The Tennessee Secretary of State does not technically need sole proprietors to register. However, you must submit a “doing business as” (DBA) registration with the county clerk’s office in the county where your firm is located if you are operating under a name other than your own.
The Internal Revenue Service (IRS) issues employers with an Employer Identification Number (EIN), a special identification number. An EIN application can be submitted online, by mail, fax, or phone. Applying for an EIN doesn’t cost anything.
You must submit Articles of Termination to the Tennessee Secretary of State if you need to dissolve your LLC there. Additionally, you must submit your final tax returns and settle any unpaid taxes. To make sure you’re taking all the right actions to dissolve your LLC legally, it’s a good idea to speak with an attorney or accountant.
In Tennessee, a series LLC is a special kind of limited liability corporation that enables the formation of distinct “series” inside the LLC, each with its own assets, liabilities, and shareholders. These series are nevertheless considered to be a part of the larger LLC structure even if they are treated as separate legal and tax entities. With the ability to manage and operate each series independently, this can give firms with numerous lines of business or assets flexibility and protection.