Change Registered Agent in Colorado: A registered agent in Colorado is a point of contact between your LLC and the state. You must appoint a Registered Agent when you form an LLC in Colorado. At any point in time, you might need to replace/change your Registered Agent in Colorado. When it comes to changing the registered agent in Colorado, it is a straightforward method. To change your Registered Agent in Colorado, one has to submit the statement of change of the Registered Agent. It can be filed online or by mail.
In this article, you will learn how to change registered agent in Colorado. Also, you will get to learn when and why you have to change your Registered Agent, appointed for your Colorado LLC.
On this page, you’ll learn about the following:
What is Registered Agent in Colorado
The Colorado Registered Agent, appointed by the limited liability company, is a person who receives all the legal documents on your company’s behalf. To become a registered agent in Colorado, one must meet the following requirements,
- The person must be or above 18 years old
- The person has to be a permanent resident of Colorado
- The person should have a legal permit to conduct business in Colorado
- The person must be available during business hours at the designated office address in Colorado
You can also be your own registered agent in Colorado. However, it is not wise to be your own agent as it can divert your attention from the core of your business.
How to Change a Registered Agent in Colorado
To change the Registered Agent in Colorado, one has to file the statement of change of the registered agent. You must pay the filing fee of $10 to complete your application. To file for the Statement of Change of Registered Agent and Registered Office Address with the Colorado Secretary of State, you can opt for any of the following methods:
Online Filing
To file the statement of change of registered agent in Colorado online, you must search for the appropriate online form. You can file your change of Registered Agent statement online if the online form is available through the Secretary of State. Follow the below-given instructions:
- Visit the Colorado Secretary of State’s official website
- Log in to the portal using your credentials.
- You will find the ‘Update’ option in your dashboard if the online update option is available.
- Click on the ‘update’ option to find the ‘registration’ option.
- You will get an online form (or in PDF format)
- Fill out the form (or download it on your PC, then fill it out) with the old and new registered agent’s details.
- Submit (or upload) the completed form to the portal.
- In the next section, you will get payment details (if applicable) and pay the fees using a credit card.
Your online updation is done! It takes some time to update the details on the portal. Once it is updated, your new registered agent can start conducting business on your behalf.
Filing Through Mail or In-person
If you want to file the statement of change of registered agent via mail or in person (if available), then you should follow the rules. For in-person or mail filings, you need to download the Colorado Change of Registered Agent Instruction (PDF) from the official website of the Colorado Secretary of State. Complete the form by filling in all the information about the LLC and both (new and existing) registered agents. The form has to be signed by the new registered agent. This will provide the consent of the new agent. Once completed, submit it to the below-mentioned address:
Important Links | Submit Offline Form |
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Change of Registered Agent – Online Colorado Change of Registered Agent Instruction – PDF Colorado Registered Agent – Requirement | 1700 Broadway, Suite 550, Denver, CO 80290 |
Fee: The filing fee charged for changing the Colorado registered agent is $10. This fee will be paid to the Colorado Secretary of State by check or credit card.
If you hire a Registered Agent service, filing the Statement of Change would be much easier. Also, the registered agent will help you with the consent letter the new registered agent has to sign. LLCBuddy editorial team suggests a list of the best LLC services that offer registered agent services. Some of them offer standalone registered agent services.
Recommended: You can get the best registered agent service at a reasonable price with online LLC service providers. We recommend using –
LegalZoom Registered Agent – $299 Per Year
Registered Agent Consent Letter in Colorado
The registered Agent’s Consent letter is a document that a new registered agent must submit along with the formation document. It is a statement that the agent submits upon agreeing to work with the LLC. When you change the Registered Agent, you must also submit the consent letter signed by the new agent. In many states, submitting the Change of Registered Agent form does the job; sending any additional consent document to the SOS is unnecessary. However, there are many states where you must submit the consent letter separately and pay a certain fee (if applicable). This consent must include the following details-
- LLC name
- A letter that says the person gives consent to serve the LLC as a registered agent
- The execution date
- Name of the registered agent
- Signature of the registered agent
In Colorado, there is a separate document, the Acceptance of Consent has to be submitted online to the SOS. You must get the Acceptance of Consent, fill it out, and submit it to the SOS. The agent must sign the form or self-attest. It is proof that the new Registered Agent has given the nod to provide their services to the LLC. An additional filing fee (or expedited fee) might be charged. Check Colorado Secretary of State for fee details.
Why Do You Need to Change a Registered Agent in Colorado
There can be several reasons why LLCs want to change their registered agent in Colorado. Some of the main and most important reasons are listed below,
Be Your Own Registered Agent
A very common reason is that if anyone wants to be his/her own registered agent. Any LLC owner can be the registered agent himself/herself as per the Colorado Secretary of State. So, you may want to change the registered agent and become one yourself for your LLC. In that case, you must submit the change form with your details.
Want to Hire a Professional Registered Agent
You may have designated yourself or someone from the family as the registered agent for your LLC in the initial phase. But with expansion in business, your roles and responsibilities also expand. You may not be present at the office during working hours. And a registered agent is required to be available in the office. So, you must hire a registered agent who could replace you.
Existing Registered Agent Resigns
If your current registered agent resigns or your service provider is out of business, you can change your Registered Agent in Colorado. You must change the registered agent if the existing one resigns or is out of service.
Forming foreign LLC
This is to be noted that a person is eligible to be a Colorado Registered Agent only if they are the Colorado resident. So, if you are forming a foreign LLC in Colorado, you might need to change your registered agent because not all registered agents are eligible to work in different states.
FAQs
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Why Change Registered Agent in Colorado is So Important
Why Change Registered Agent in Colorado is So Important
When it comes to running a business, there are numerous legal requirements and responsibilities that one must understand and fulfill. One such obligation that often gets overlooked is the appointment of a registered agent. A registered agent serves as the official point of contact between a corporation or a LLC and the state in which it operates. In the state of Colorado, changing a registered agent is a critical process that should not be dismissed lightly.
Every business, regardless of its size or industry, is required by law to have a registered agent. From receiving important legal and tax documents to being the point of contact for government agencies, the registered agent plays a crucial role in ensuring a company stays compliant with state regulations. As circumstances may change, such as when a registered agent moves or their contact information becomes outdated, it becomes imperative for a business to promptly update and appoint a new registered agent.
A key reason why changing a registered agent is so important in Colorado is the potential legal implications that may arise if a company fails to do so in a timely manner. Colorado law requires businesses to have a registered agent at all times, and failure to maintain one may result in serious consequences. Any legal documents or notices that need to be served to the business may be considered properly served if they are sent to the registered agent on record. If a business has neglected to update their registered agent and thus fails to receive these important documents, it could lead to missed deadlines, financial penalties, or even the loss of a case by default.
Another significant consideration when changing registered agents in Colorado is the impact it may have on a company’s professional image. The registered agent’s contact information, which is publicly available, is often entrusted with privacy and confidentiality concerns. For instance, many businesses operating from home utilize a registered agent to preserve their privacy and avoid combining personal and professional life. By neglecting to update a registered agent in a timely manner, a company risks having their personal details exposed.
Moreover, a business’s registered agent serves as the official representative for accepting and forwarding legal documentation. They play a critical role in ensuring that a company is notified promptly and accurately about any legal actions or tax notices that may affect them. Failing to promptly update a registered agent’s information can result in a loss of communication and a lack of awareness about important matters which could negatively impact any legal defense the company may need to mount.
In conclusion, changing a registered agent is a matter of utmost importance for all businesses operating in Colorado. Failing to update this essential information can lead to serious consequences, both legally and professionally. By keeping the registered agent’s information up to date, businesses can ensure that they are compliant with state requirements, avoid any potential legal troubles, and maintain their reputation for professional integrity. It is crucial for every business owner to understand the significance of appointing and updating a reliable registered agent and to take the necessary steps to guarantee their continued success.
In Conclusion
During your business, you may arrive at a point where you need to change the registered agent. The need may arise when the existing agent wants to quit, or you are terminating the existing agent or expanding your business. Changing the Colorado registered agent can be necessary in various situations. It is quite simple as it can be done online and through mail filing. This article has it all. If you have any queries about changing a registered agent, you can drop a comment below in the box.