Does New York Require A Registered Agent
New York Registered Agent
In New York, the Secretary of Country acts as the statutory agent for service of procedure (registered agent) by default. You lot can too choose to elect your ain registered agent for your New York LLC.
In this registered agent guide, we'll get over everything related to what a registered agent is, what they do, and how to option one.
Recommended: To explore your options, cheque out our All-time New York Registered Amanuensis Services review.
What Is A New York Registered Amanuensis?
A registered agent's job is to receive service of process in the issue of a lawsuit. In New York, the Secretary of State acts equally the registered amanuensis by default. You tin also choose to elect your ain registered agent.
Notation:Many LLCs choose to hire a registered agent service to reduce New York publication costs.
For more information on the office of registered agents, read our What Is a Registered Amanuensis guide.
For help forming your LLC, use our New York LLC guide.
Can I Exist My Own New York Registered Agent?
Yeah, any possessor or employee of a business can be its registered agent in New York as long as they are over the age of 18, and take a street address in New York.
Yous could also choose to elect a member of your LLC, or even a friend you trust, equally long as the person meets these requirements too.
Though many businesses prefer to use a professional registered amanuensis service.
Why Businesses Use a New York Registered Agent Service
Many businesses choose to employ a registered agent service when they form an LLC, hither are some of the reasons why:
Lower Publication Costs
New York requires newly formed LLCs to publish anotice of formation in local newspapers. Publication tin can toll around $1,500 or more if the principal address is in New York City.
A registered agent service located outside the city allows an LLC to use the registered agent'due south address as the principal address, which profoundly reduces the cost of publication.
Compliance
A registered agent service maintains a compliance calendar and will remind yous when annual reports or other filings are due, and help you lot file them.
This helps you to avert fines and keeps your company in good continuing, which is important to maintain your limited liability protection.
Legal complications, fees, or any other problems can arise if you practice not respond quickly to service of process. A registered amanuensis will scan your documents, share them with you online, and notify y'all when they are available.
Privacy
If you piece of work from domicile, or even a individual office, and act equally your own registered agent, your address will exist published publicly on the New York Corporation and Concern Entity Database.
If yous value your privacy, a registered agent service will use their own address in place of yours.
Discretion
Receiving service of process for a lawsuit at your business can be a sensitive situation to accept happen in front end of your employees and clients.
To avoid having this issue a registered agent will receive whatsoever service of procedure and other documents at their function, and discreetly deliver them to y'all online.
Flexibility
If you are your own registered agent, you must be bachelor at all normal business hours, every working solar day of the year.
Registered agent services run physical offices and have staff to cover those hours, then they tin can be available at those times
Hiring a registered agent service allows y'all to exist more flexible in the hours and locations you work. Then, have a vacation, piece of work from home or the office, or travel the world, knowing they're around to take your paperwork.
Online Storage
A good registered agent service will scan your documents as presently as they are received, storing a digital copy of all your business documents and any service of procedure bachelor on a convenient dashboard.
Typically, if you've used an LLC formation service, you will as well utilise them as a registered agent. This means that a copy of your germination documents will also be available online.
Having all of this data, bachelor every bit PDFs, is very helpful when you need to practise things for your business, such as opening a business organisation depository financial institution account, applying for a business credit carte du jour, applying for modest business organisation loans, and many more things that crave a copy of your documents.
Recommended: See the Best New York Registered Agent
National Coverage
If you plan on expanding your business concern into other states similar if you're hiring an out-of-country employee or opening a new sales office, a registered agent is necessary for your foreign LLC or other entity.
Well-nigh registered agent services operate in all 50 states and Washington D.C. Simply pay a little actress for the new state you operate in, and they volition deliver all those documents to the same online dashboard.
How Much Does a Registered Agent Cost?
The cost of hiring a registered amanuensis service is typically around $50 to $300 per year. This is a pocket-sized cost when you consider how much time it will relieve you — it'due south well worth the toll.
Best New York Registered Amanuensis Service
ZenBusiness provides the most comprehensive registered amanuensis service for the price, fulfilling all state requirements. They also offer Worry Free Compliance, alerting you of important compliance events, roofing your annual filing, and providing expert support.
ZenBusiness's online document management system and regular compliance alerts make working with them worry-free. They'll browse and upload all your essential legal documents into a personalized online dashboard that you can admission at any time.
ZenBusiness stands apart in its excellent customer service and their representatives are known for existence highly knowledgeable about LLC germination and maintenance.
LLC Formation + 1yr Included Registered Agent Service
$39 + Land Fees
(Registered Amanuensis: $119 later on 1st twelvemonth)
Become Started
How Do I Elect a Registered Agent In New York?
In New York, the Secretary of State acts every bit the statutory amanuensis for service of process (another name for registered agent) for all New York LLCs by default.
However, you lot can choose to elect a registered agent for your New York LLC. Y'all will be given this option when y'all complete your LLC's Articles of Organization form.
Electing a Registered Amanuensis Online
You can form your LLC online through the New York Section of State website ($200 filing fee required). If you choose to elect a registered amanuensis, you tin exercise so on this form.
How Exercise I Change My Registered Agent In New York?
Registered Agent FAQ
Do I need a registered agent in New York?
Every U.S. land, with the exception of New York, requires all corporations and limited liability companies (LLCs) to have a registered agent. A registered agent may be called different names in dissimilar states, such as a resident agent, a statutory agent, or an agent for service of procedure.
Should I exist my ain registered amanuensis?
Yous may serve as your ain registered amanuensis if you meet sure atmospheric condition, and some small-scale business owners choose to do this instead of hiring a third political party or appointing someone else to the role.
This position does come with extra responsibilities and potential inconveniences, however, then many business owners decide it'south better for them to choose another person or a professional person service to deed as their registered agent. You should counterbalance the pros and cons of each option and decide which is best for you and your business organization.
Is a registered agent the same as the owner?
No. A registered agent keeps certain paperwork up to date and accepts official correspondence on behalf of the company, but that role isn't the same equally an owner. However, the private owner of a business may also human activity as the company'due south registered agent.
Does registered agent hateful possessor?
No. A business concern possessor tin can be a registered agent, but a registered agent is not necessarily a business organisation owner.
How to Get a Registered Amanuensis in New York
To become a registered amanuensis in New York as an individual or business entity, you must:
- Be over the historic period of 18.
- Have a street address in New York.
- Take the business y'all're representing listing your name and address on their formation or change of registered amanuensis documents.
Later this, the Country of New York volition send yous official correspondence for annual reports, service of process, and other compliance information for the business you represent.
What is a registered agent service?
A registered agent service is a company that agrees to receive service of procedure for an LLC, corporation, or nonprofit.
New York Business Resources
New York Resource
- New York Registered Amanuensis Statutes
- New York Registered Amanuensis
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