Can You Be Your Own Registered Agent In Colorado?

Colorado requires all businesses registered with the secretary of state to accept a registered agent. The registered agent is a person or company designated to exist the official point of contact betwixt the government, the courts, as well every bit taxing regime and your business concern. The engagement of your registered amanuensis occurs during the filing of your articles with the secretary of state.

The responsibility of the registered amanuensis is to accept legal notices and tax documents for the business; so forward them to the appropriate person. Colorado Statutes require a business to continuously maintain a registered agent and role within the state.

If you fail to maintain a registered agent for your business concern the secretary of land can appraise penalties and fees. It may also close downwardly your business.

Moreover, if your business organization doesn't take a registered agent and is sued; the process server won't be able to give legal notice on your business. The lawsuit however, volition even so proceed. As a result, your business could have a judgement placed against it without you fifty-fifty knowing.

The Colorado statutes allow a person who is an possessor, member, or officer of a business to be the registered agent for their own business.

Using a registered amanuensis service saves you time and money.

Here'due south the pro tip: Don't be the registered amanuensis for your own business.

It may seem cheaper and easier to do it yourself, however like anything else, it may come at a price. Here's why.

• Your Privacy – If y'all determine to be your own agent your accost becomes public record. It will be available for anybody to see. This could be your employer who you don't desire to know about your side hustle. Also, if your business organization is sued, the summons and complaint will exist delivered to the address on file. Employees, customers, clients, or even neighbors could witness the event, which would not exist a skilful look for y'all or your business. If you desire to operate as an bearding business owner, you'll need a registered agent. Lastly, there is e'er the possibility of a revengeful litigant or upset customer showing up at your house or place of business.
• Your Availability – Using your abode address has additional pitfalls. Colorado requires the registered amanuensis to exist available at the main address during regular business concern hours. So, if always take a holiday, are not abode during business organisation hours, or travel for business a process server will not exist able to serve you papers. The lawsuit will still continue however. A default judgment may exist entered against your business without you knowing it.
• Your Fourth dimension – Your business organization's periodic report is due annually. If y'all're the type of person who's been delinquent filing with the state considering your too busy making money at your business, so maybe handing this responsibility off to some one else is all-time for y'all. Registered agent services provide annual study reminders and updates on whatsoever state requirements.

Registered Agent Bundle

At that place are many options for registered agent services. I did a quick Google search and found the prices range from $35 to $150 per year. For $100 a year, I offer a registered amanuensis services which include acting as the contact point for service of legal process in the Land of Colorado, filing the periodic report with the Colorado Secretary of Land, monitoring your tape with the secretary of state for fraud, and free unlimited xx minute consultations regarding your business. I want you to focus on your business organization, let me worry nearly the legal stuff.

Schedule an initial consultation to observe out more.

Contact me if would like assist with your business.
email: paul@pmillerlawoffice.com  phone: (303) 900-2529

This article is for educational purposes simply, and does not constitute legal advice about your case or state of affairs. There may exist exceptions to the information outlined above. Delight consult an attorney if you have specific questions about your business.

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