As a business owner, you might need to modify the registered agent for your LLC at some point in the future. The procedure for dismissing your present statutory agent and appointing a new one is rather simple, regardless of whether you’re moving to a new state or merely transferring to a new agent. The procedures for deleting a statutory agent in Arizona are described in this article.
It’s crucial to review your LLC’s operating agreement before you begin the process of dismissing your present statutory agent. Your registered agent change procedure should be outlined in this document, together with any notification requirements or other formalities that must be adhered to. If you don’t already have one, now is an excellent moment to draft one or get legal advice.
Step 2: Select a fresh statutory agent You must designate a new statutory agent before you may terminate the one you currently have. A Statement of Change of Known Place of Business Address or Statutory Agent must be filed with the Arizona Corporation Commission in order to do this. There is a $5 filing fee for this form, which can be submitted either online or by mail. Make sure to include your new agent’s name, address, and formal authorization for them to act in this capacity.
Step 3: Inform your statutory agent as of right. You must inform your current agent of the change after appointing a new statutory agent. This can be done by delivering a written notification via certified mail with a return receipt requested to the agent’s last-known address. Your new agent’s name, address, and the change’s start date should all be mentioned in the notice. Step 4: Submit the required papers
The Arizona Corporation Commission must receive a Statement of Resignation of Statutory Agent as the last step in the removal of your present statutory agent. There is no cost to submit this form, which can also be done online or by mail. Make sure to provide your existing agent’s name and the day they resigned, if applicable. Include a copy of the written notification you gave to your existing agent as well. Additional Questions Related to This: How do I update my LLC’s Arizona address?
You must submit a Statement of alter of Known Place of Business Address or Statutory Agent to the Arizona Corporation Commission in order to alter your LLC’s address there. There is a $5 filing fee for this form, which can be submitted either online or by mail. Don’t forget to include the name of your LLC, the previous and new addresses, as well as the modification’s effective date.
The county in which the LLC’s recognized place of business is located must publish the LLC’s notice of creation in a newspaper. The Arizona Corporation Commission may administratively dissolve your LLC if you don’t post this notification within 60 days of submitting your articles of organization.
Arizona taxes LLCs as pass-through entities, which means that the profits and losses go on to the owners’ individual tax returns. LLCs are not subject to a separate state-level tax in Arizona.
Depending on the form of filing, an LLC’s processing time varies in Arizona. The processing time for online filings is typically 1-2 working days. The processing period for mail-in filings ranges from 5 to 10 business days. For a price, you can also ask for faster processing.
I’m sorry, but “statutory agent” rather than “statutory representative” is the correct term. A statutory agent is an individual or organization chosen to accept official correspondence on behalf of a commercial body, such as a corporation or LLC. They serve as the company’s point of contact with the state and are in charge of making sure the company gets crucial legal notices on time.