Who Can Be Registered Agent For Llc In Nj

If you're forming a limited liability company or corporation in the country of New Jersey, you'll demand to designate a registered agent.

A registered agent is the individual or business entity that receives legal documents from the state, and then forwards them to your business organization accost. But why is this a requirement, and who should you designate equally your registered agent in New Jersey?

In this guide, nosotros will intermission downwardly all the details you need to know about New Jersey registered agents.

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What is a New Jersey Registered Agent?

Ane of the nigh common questions nosotros receive from entrepreneurs in New Jersey is why a registered agent is required to form an LLC or corporation. While it might seem like an unnecessary middle-man type of role, the registered agent fills a vital part.

The registered agent'south job is to provide a reliable way for the state to contact an official representative of your business at any fourth dimension, which is especially important if your business is always sued. If yous didn't have a registered agent, a lawsuit could progress through the courts without yous even knowing about information technology, which is plain far from platonic.

While New Bailiwick of jersey does not provide a recommended list of registered agent services, we reviewed the pinnacle options and compiled a list of the best New Jersey registered agent services based on cost and overall value.

Who Can Exist a New Jersey Registered Agent?

According to New Jersey's Segmentation of Revenue and Enterprise Services, a registered agent may be either a natural person of 18 years or older, a domestic corporation, or a foreign corporation that is authorized to practice business in the state.

In many cases, information technology's common for companies to engage either an private associated with the concern entity (such as the owner or an employee) or a corporation organized specifically for the purpose of provide the services of a registered agent.

Bated from the legal requirements, an important aspect to discuss is who should be your registered agent. Y'all accept the right to declare yourself as your own registered agent, which has its pros and cons.

On the positive side, you can save some money by non paying anyone to serve every bit your agent, just you'll besides likely need to brand your home address a thing of public record, which is non ideal. Additionally, you'll demand to be physically present at your business during all standard operating hours (ix-5, M-F).

Some entrepreneurs like to have a friend or family unit member serve as their registered agent, just if that person doesn't have experience in this position, they might non know what is expected of them. In addition, designating your lawyer or accountant every bit a registered amanuensis can work, but these options are usually quite expensive.

Our preference is to rent a professional person registered agent service, which provides a combination of convenience, affordability, and peace of heed that is unrivaled by whatsoever of these other options.

How Practise New Jersey Residents Become Served?

The most of import part of a registered agent's office is being served a summons.

In New Jersey, before a summons is processed, the plaintiff must offset file a merits which briefly states the plaintiff'south instance and requested reparations. The claim should be filed with the courtroom office in the county where the defendant keeps their registered address. After paying a $35.00 filing fee (and an additional $5.00 for each additional defendant), then the clerk may process a summons.

If these steps are all taken correctly, the state of New Jersey will allow a sheriff, attorney, or especially appointed private to serve a summons and a re-create of the complaint to the defendant'southward registered amanuensis.

How to Designate a New Jersey Registered Amanuensis

The answer to this question depends on what type of business organization you're starting, but with either a corporation or an LLC, you'll need to designate your registered agent when you form your company.

In New Bailiwick of jersey, whether you're forming an LLC or a corporation, you lot'll exist prompted to designate your registered agent when yous consummate the appropriate germination document. To exercise and so, you may visit the State of New Jersey's Online Business Formation platform, make an account, and select the correct formation document depending on your business entity type.

How Can I Change My New Jersey Registered Agent?

If you would like to change your registered amanuensis for any reason, the process is pretty simple.

In New Jersey, this may exist done by completing either Form C-104G Change of Agent/Address or Both for corporations or Form Fifty-122 Alter of Agent/Accost or Both for LLCs, depending on the business entity type. The forms may be submitted either by mail to the land of New Jersey's Department of Acquirement or online using New Jersey'south Business Filing Service.

In either case, the fee to change your registered agent in New Jersey is $25.00.

How Does a New Jersey Registered Amanuensis Resign?

Sometimes, a registered agent may have to resign from their position.

New Jersey resident agents wishing to end their appointment must first send written observe to the visitor from which they are resigning. Afterwards, the resigning agent must submit either a Certificate of Resignation of Registered Agent (course C104e) for corporations or a Certification of Resignation of Registered Agent Without Successor (course L-123) for LLCs. The fee to submit either course to the New Jersey Department of the Treasury is $25.00.

Why Should You Hire a Professional New Jersey Registered Agent Service?

Hiring a professional person registered amanuensis is basically the best of both worlds between serving as your own amanuensis, and designating a lawyer or auditor.

Privacy

The biggest benefit in our opinion is the privacy protection this allows, every bit you will be able to proceed your personal address private. There'south as well a major advantage compared to having an attorney or accountant serve as your agent, namely the fact that registered agent services are well-nigh ever much cheaper.

Professional Service

Some other reason we like this option is that these companies specialize in providing quality registered agent service. They know exactly what's expected of them, and there are rarely whatever issues to speak of.

Nationwide

The other major benefit of hiring a registered agent service is that near of them operate in all l states, and so that if you lot always want to expand your business organisation into another land, you won't need to hire an additional registered agent. Your same registered agent will be able to provide the coverage you need in your new state, while still providing the same service in New Jersey. If you hired a lawyer or auditor, they would only exist able to help you expand to a new state if they have another physical function in that state.

Y'all Stay Compliant

Finally, virtually professional registered agents operating in New Jersey offer some sort of compliance calendar. With this service, your registered agent helps yous keep rail of due dates for ongoing LLC maintenance requirements like annual reports, which is a valuable bonus.

The top registered amanuensis service providers include some other appealing attributes, including access to their extensive client back up networks. Some of them include a total yr of registered agent service with whatsoever business formation bundle, which can be a real money-saver. Another welcome attribute is that some registered agent services provide volume discounts if y'all require service in multiple states, or if you prepay for multiple years.

What Is the Penalty for Not Designating a Registered Agent in New Jersey?

You need to have a registered agent to form your express liability company or corporation in New Bailiwick of jersey in the offset place, but if you let your registered amanuensis service lapse, there could be some serious consequences.

Failure to maintain a registered agent could lead to your business losing its practiced standing with the country of New Jersey, and the state also has the right to officially dissolve your LLC if they choose to.

Another consequence would be the difficulty of being served if your business is sued. If the state cannot become ahold of your registered agent, a court may decide to go ahead with the lawsuit without your knowledge, which could even atomic number 82 to a judgment against yous. This can happen not just if you lot fail to designate a registered amanuensis, but also if your amanuensis is non present during concern hours to take the document commitment.

Decision

As yous can run across, the job of designating a registered agent for your New Jersey business organisation isn't quite as like shooting fish in a barrel as just writing downwards your own name.

There are significant downsides to just about every option in our opinion, but nosotros recommend hiring a professional person registered agent service because that choice has the fewest disadvantages. They charge affordable rates, and you never accept to worry about losing your expert standing, having your LLC or corporation dissolved, or having a lawsuit go on in your absence.

If y'all have any further questions, y'all tin can contact the New Jersey Secretary of State:

New Jersey Department of Country
225 West Country Street, 2nd Flooring
Trenton, NJ 08608
(609) 984-2396