Having a registered agent is one of the legal prerequisites for incorporating an LLC in Delaware. A registered agent is a person or organization who acts as your company’s point of contact for receiving legal documents like lawsuits and subpoenas. In order to receive these documents on your behalf, the registered agent must have a physical location in Delaware and be accessible during regular business hours.
The function of a registered agent is essential to keeping your company legally compliant. Whether they are created within the state or outside of it, Delaware requires all LLCs to have a registered agent. The registered agent makes sure that all court documents are delivered on time and sent to the correct parties inside the business. The absence of a registered agent may have legal repercussions, including penalties and missed deadlines.
What is the price of a registered agent in Delaware then? Depending on the supplier you select, the fees change. In contrast to others, some registered agents charge a set annual cost for each document they receive. A registered agent in Delaware typically costs between $50 and $300 a year. Selecting a respected registered agent that offers dependable and effective service is crucial.
Let’s now discuss how to dissolve an LLC in Delaware. You must submit a Certificate of Dissolution to the Delaware Division of Corporations in order to dissolve an LLC. The dissolution procedure requires two to four weeks to complete, and the filing fee is $200. It’s crucial to pay off all existing debts and obligations, including tax responsibilities, before submitting a dissolution petition.
1. Call a meeting of the LLC’s members and ask them to approve dissolving the business. 3. Notify all creditors and other interested parties of the dissolution.
2. Submit the Certificate of Dissolution to the Delaware Division of Corporations. 4. Resolve all pending financial commitments and debts. 5. Submit the last tax return and settle any outstanding debts.
In conclusion, Delaware law requires LLCs to have a registered agent. The registered agent makes sure that your company is in compliance with all legal requirements and that it promptly receives any legal paperwork. Choosing a trustworthy and dependable registered agent is crucial because the fee varies based on the provider. You must submit a Certificate of Dissolution and pay off all outstanding debts and obligations in order to dissolve an LLC in Delaware. The dissolving procedure takes between two and four weeks to finish.