BusinessFormation.io makes starting a business fast, simple, and inexpensive. Check out the Registered Agent rules for your state and form your business today. If you put it off until tomorrow, someone might just take your desired company name first!
Texas Registered Agent Services for LLCs in Texas
Registered Agent Services are a crucial part of the business registration process in Texas. In this overview, we will discuss the purpose of a Registered Agent, the legal requirements set by the Texas Secretary of State for appointing one, and the benefits of using a professional Registered Agent Service in Texas.
What is a Registered Agent For in Texas?
A Registered Agent is a designated individual or entity that serves as the point of contact between a business entity and the state. They are responsible for receiving legal documents, such as lawsuits and subpoenas, on behalf of the business entity and forwarding them to the appropriate person or department within the company.
The registered agent's primary responsibilities include:
Receiving legal documents: The registered agent must receive and accept all legal and official documents on behalf of the business entity, including lawsuits, subpoenas, and other legal notices.
Providing a reliable address: The registered agent must have a physical address in Texas where they can receive service of process and other legal documents during normal business hours.
Maintaining accurate records: The registered agent must maintain accurate records of all legal and official documents received on behalf of the business entity and forward them to the appropriate person or entity within the business.
Ensuring compliance: The registered agent must ensure that the business entity remains in compliance with all state and federal regulations related to maintaining a registered agent.
Overall, the registered agent plays an important role in helping the business entity maintain compliance with state laws and regulations and ensuring that the business is aware of any legal or regulatory actions that may affect it.
In Texas, a Registered Agent is also known as a Statutory Agent or Agent for Service of Process. The Texas Business Organizations Code requires every corporation, limited liability company (LLC), limited partnership, and limited liability partnership (LLP) to appoint a Registered Agent in the state.
What is the Importance of Registered Agents in Texas
In Texas, registered agents play an important role in the formation and maintenance of businesses. A registered agent is a person or entity designated by a business to receive legal and official documents on its behalf.
Here are some reasons why registered agents are important in Texas:
Legal compliance: Businesses in Texas are required by law to have a registered agent who is available during regular business hours to receive legal documents, such as summons, lawsuits, and subpoenas. A registered agent ensures that a business is in compliance with the law and is notified promptly of any legal issues.
Privacy: Registered agents help maintain the privacy of the business owners. Legal documents are delivered to the registered agent, who then forwards them to the business owner. This helps keep personal information, such as home addresses, or public records.
Reliable communication: A registered agent ensures that a business receives important official communication in a timely manner. If a business owner is unavailable or out of town, a registered agent can accept documents and ensure that they are promptly delivered to the business owner.
Convenience: A registered agent can provide a convenient address for a business to receive legal documents. This can be especially useful for businesses that operate from home or do not have a physical office.
Overall, having a registered agent in Texas can help a business stay organized, compliant, and protected.
Legal Requirements for Appointing a Registered Agent in Texas
To appoint a Registered Agent in Texas, the designated individual or entity must meet certain legal requirements. They must be:
A resident of Texas or a corporation, LLC, or other business entity authorized to do business in Texas
Available during normal business hours to receive legal documents on behalf of the business entity
Willing to accept the appointment as Registered Agent
It is important to note that a business entity cannot serve as its own Registered Agent. Additionally, the Registered Agent's physical address must be a street address, not a post office box.
Can I be my own registered agent in Texas?
Yes, in Texas, you can be your own registered agent for your business entity. A registered agent is a person or entity that is designated to receive official legal and tax documents on behalf of the business, such as lawsuits, tax notices, and other important government correspondence.
According to the Texas Business Organizations Code, a registered agent can be an individual who resides in Texas, a domestic or foreign entity authorized to do business in Texas, or a commercial registered agent that provides registered agent services to businesses.
If you choose to be your own registered agent, you must provide your name and address on the formation documents when registering your business with the Texas Secretary of State. It is important to note that being a registered agent requires you to be available during normal business hours to receive important legal and tax documents, so you should be sure that you will be able to fulfill this responsibility.
What is the cost of hiring a Texas registered agent service?
The cost of hiring a registered agent in Texas can vary depending on the service provider and the level of service required. Generally, the cost for registered agent services in Texas can range from $50 to $300 per year.
Some registered agent service providers offer basic services at a lower cost, while others may charge more for additional services such as document scanning and mail forwarding. It is important to compare different providers and understand what services are included in the price before choosing a registered agent.
In addition, some companies may offer a discounted rate for the first year of service or bundle registered agent services with other business services. It's important to do research and choose a registered agent that offers the right level of service and support for your specific business needs, while also fitting within your budget.
How to change a registered agent in Texas?
To change the registered agent of your business entity in Texas, you must follow these steps:
Obtain the necessary forms: The Texas Secretary of State provides a form for changing a registered agent, called the "Statement of Change of Registered Office or Registered Agent" (Form 401).
Fill out the form: Fill out the form completely and accurately, including the name of your business entity, the new registered agent's name and address, and the signature of an authorized officer or agent of the business entity.
Submit the form: Submit the completed Form 401 to the Texas Secretary of State by mail, fax, or online through the Texas Secretary of State's website. There is a fee for filing the form, which can be paid by check, money order, or credit card.
Notify the outgoing registered agent: After the new registered agent is appointed, you should notify the outgoing registered agent of the change in writing and request that they transfer any documents or information related to the business entity to the new registered agent.
It is important to note that the change of registered agent is not effective until the Texas Secretary of State accepts and files the Form 401. It may take several days or weeks for the change to be processed and become effective, so you should plan accordingly.
How to become a registered agent in Texas?
In Texas, there are several ways to become a registered agent for a business entity, including:
Be an individual who resides in Texas: If you are an individual who resides in Texas, you can serve as a registered agent for a business entity in the state.
Be a domestic or foreign entity authorized to do business in Texas: If you are a domestic or foreign entity authorized to do business in Texas, you can serve as a registered agent for a business entity.
Be a commercial registered agent: If you are a commercial registered agent, you can provide registered agent services to business entities in Texas.
To become a commercial registered agent in Texas, you must:
Obtain a Texas Registered Agent Bond: You must obtain a Texas Registered Agent Bond in the amount of $5,000. This bond is designed to protect the business entities that you represent in case you fail to perform your duties as a registered agent.
Obtain a Texas Registered Agent License: You must obtain a Texas Registered Agent License from the Texas Department of Insurance. This license requires you to pass an examination and meet other requirements set by the department.
Register with the Texas Secretary of State: Once you have obtained your Texas Registered Agent Bond and License, you must register with the Texas Secretary of State by completing and submitting the Application for Registration as a Registered Agent in Texas.
Once you have completed these steps, you can begin providing registered agent services to business entities in Texas.
Benefits of Using a Professional Registered Agent Service in Texas
While a business entity can appoint an individual or employee as its Registered Agent, many companies choose to use a professional Registered Agent Service instead.
There are several benefits to using a professional service, including:
Compliance with Legal Requirements: A professional Registered Agent Service understands the legal requirements for serving as a Registered Agent in Texas and can ensure that your business entity remains compliant with these regulations.
Privacy and Security: Using a professional service can help protect the privacy and security of your business entity. Instead of using a personal address as the Registered Agent, a professional service can provide a physical address that is separate from the business owner's personal address.
Reliable Service: A professional Registered Agent Service is available during normal business hours to receive legal documents on behalf of your business entity, ensuring that you never miss an important deadline or legal notification.
Convenience: A professional service can forward legal documents to the appropriate person or department within your company, saving you time and effort.
Flexibility: A professional service can provide Registered Agent Services for multiple business entities, making it easier to manage your company's compliance requirements.
Choosing a Professional Registered Agent Service in Texas
When choosing a professional Registered Agent Service in Texas, it is important to consider several factors. These include:
Reputation: Look for a service with a proven track record of reliability and excellent customer service.
Experience: Choose a service that has experience serving as a Registered Agent for businesses similar to yours.
Price: Compare pricing and services offered by multiple Registered Agent Services to find the best value for your business.
Additional Services: Some Registered Agent Services offer additional services, such as compliance monitoring or document retrieval, that can help streamline your business operations.
Texas Registered Agent Services Online
Some of the Texas registered agents that are online, affordable, and highly-rated include the following three companies:
Northwest Registered Agent is a popular option with a long track record of service. They offer a variety of features, including privacy by default, 24/7/365 mail forwarding, and compliance monitoring and filing.
ZenBusiness is another popular option with a good reputation. They offer a free year of registered agent service with their business formation packages.
Incfile is a good option for businesses on a budget. They offer a free LLC formation service and their registered agent services are very affordable.
In conclusion, a Registered Agent is a critical component of any business entity's compliance requirements in Texas. Whether you choose to appoint an individual or a professional service, it is essential to ensure that your Registered Agent meets all legal requirements and can provide reliable and convenient service. By working with a reputable and experienced Registered Agent Service, you can protect the privacy and security of your business entity and stay compliant with Texas regulations.
There are many business formation services on the market, and the biggest differentiators are cost and customer service. We have carefully analyzed customer testimonials, customer success, business history, and product details to present you with the 3 most popular, highest-rated options.
Filing An LLC Can Be Complicated
Streamline Your LLC Filing Online for $39
Northwest Registered Agent is the best-rated service for first time filers.
Get professional LLC formation & registered agent services for only $39 + state filing fee. This offers includes your full LLC setup, plus a private business address, lifetime support, and more.
We work with the market leaders in business formation and registered agent services. Getting started is simple and inexpensive. Form your business today & secure your brand name before someone beats you to it! Click below to view the Top 3 Best LLC and registered agent service providers.