You must select a registered agent for your company when you register it. This is the person or firm in charge of receiving crucial legal and tax paperwork on your company’s behalf. For the purpose of receiving these documents, your registered agent must be located in Tennessee, have a physical address, and be accessible during regular business hours.
Selecting a registered agent is a crucial choice for your company. Because you will be entrusting them with managing crucial legal and tax paperwork on your company’s behalf, you should pick someone you can trust. You have the option to act as your own registered agent, but bear in mind that doing so necessitates having a physical location in Tennessee and being accessible during regular business hours.
You might be tempted to use a service like LegalZoom to register your business. It’s crucial to remember that these services aren’t always dependable and might not offer the level of assistance you require. Working with a local lawyer or accountant who can offer individualized direction and support throughout the registration procedure is frequently preferable.
In Tennessee, you must submit Articles of Organization to the Secretary of State in order to establish an LLC. These articles must be filed for $300. Additionally, your LLC must have a distinctive name that is not currently in use in Tennessee. After your LLC has been registered, you are required to submit an annual report to the Secretary of State along with a $50 filing fee.
The price of filing a UCC in Tennessee will vary depending on the type of UCC and whether you mail it in or submit it electronically. For instance, submitting a UCC-1 financing statement by mail costs $15, whereas doing it electronically costs $10. Before submitting your documents, it is critical to confirm the specific filing fees for the type of UCC you require.
In conclusion, filing for business registration in Tennessee is a crucial first step. The Secretary of State must receive the required documents, together with your choice of registered agent. Despite the seeming convenience of using services like LegalZoom, it is frequently preferable to deal with a local accountant or attorney who can offer individualized support. In Tennessee, forming an LLC costs $300, and forming a UCC can cost more or less depending on the document’s nature and filing procedure.