Colorado Registered Agent Services | LLC Registered Agent


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If you are trying to form a Colorado LLC, then take note that in this state, how to start an LLC requires having a Colorado registered agent who will handle all official paperwork on the LLCs behalf. 

Colorado Registered Agent Requirements

There are certain requirements to fill the role of a Colorado registered agent:

  • The nominee must be more than 18 years old.
  • The individual must have a legal, physical address in the state where the LLC will operate.
  • The individual must be physically present during normal working hours.

How to Choose a Registered Agent?

When you file your Certification of Formation in Colorado, you must nominate a registered agent.  You can either appoint an in-house registered agent (yourself or any LLC member) or outsource to a Colorado registered agent service. You can elect your registered agent online through the Colorado Secretary of State website. 

Hiring an Inhouse Registered Agent

When hiring an in-house registered agent, make sure the individual is over 18 of age and lives in Colorado.

Can I be My Own Registered Agent?

Yes, you can be your own registered agent. So long as you meet the basic requirements for a registered agent, then you can take on this role for your LLC.

Outsourcing a Registered Agent

You may, instead, get professional registered agent services. Doing so ensures that you will have the best individual to represent your business. Here are the best LLC services on our list that will provide you with registered agents to ease your worries. 

LLC Service

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$99 per year

  • Standalone registered agent service

  • Take you through all steps

  • LLC formation package available

$125 per year

  • 1 year free service along with LLC formation package

  • Fast service

  • Flat rate, no hidden cost

Note that availing of the services of professional registered agents would be your best option since you are guaranteed that whoever is handling your legal affairs knows their stuff well. You will enjoy peace of mind and focus only on running your business, as the ‘professionals’ take care of all legal matters.  

What to Consider when Choosing a Registered Agent

Here are some factors to consider when choosing a registered agent.

  • Service Fee: Since most states require formal businesses to have registered agents, selecting the best-registered agent is critical. Hiring a registered agent service typically costs between $50 and $300 annually. When you consider how much time it will save you, this is a small price to pay.
  • Tenure in Business of Registered Agent: You want the registered agent to have established and time-tested procedures for handling documents that are received.
  • State Jurisdiction Limitation: If your company expands to another state, you should use the same registered agent in all states to reduce the administrative burden of dealing with multiple registered agent service providers.
  • Offer Monitoring and Follow-up Services: You want to receive up-to-date information and alerts from your registered agent as soon as possible so that you are aware of the various statutes, rules, and regulations that apply to your company.

Colorado Business Laws for Registered Agents to Note 

If you are interested in starting a business in Colorado, then you must know about the business laws the state has. There are some basic business laws that exist in Colorado. Below is the list of business laws one has to consider while forming a Colorado LLC.

  1. Deceptive Trade Practice Law: Unlike California, Colorado has adopted the deceptive trade practice law in the state. Under this law, there are some activities that are considered to be trade malpractice. The following activities are punishable under the Colorado Deceptive Trade Practice Law, 
    • Knowingly disregard products from other businesses
    • Knowingly sell damaged or old products faking it to be a new one
    • Knowingly not detecting fire or water damaged products
    • Knowingly represent false certificate of quality for the goods or services
    • Appointing sale persons falsely just to sell products to them
      The penalty for attempting any of the above-mentioned activities is the cost of the total damage or 3 times the total damage or $500 whichever is more.
  1. Antitrust Law: Colorado Antitrust Act started in the year 1992. Under this act, there are some points that are punishable. The state attorney general can bring the claim. The time span is 6years. Following are the situations when an Antitrust claim can be raised, 
    • Mergers and acquisitions to form a monopoly and reduce price competition
    • Rigging bids to influence the fixed market price
    • Any attempt to monopolize the market
      The punishment can be up to 6 years of imprisonment for any criminal offense and up to 4 years in jail for a civil offense. 
  1. Interest Rate Law: In Colorado, like every other state, there is one threshold of interest rate under this law. If no certain interest rate is mentioned in the contract, then any consumer loan will have an 8% of interest rate. For the non-consumer loans, the interest rate is 45% which is much higher among other states. However, crossing this threshold may end up being punished. 
    • No mention of interest rate > 8% by default
    • Consumer loan interest rate > 8% to 12%
    • Non-consumer loan interest rate > 45%
      The penalty for violating the rules will be a class 6 felony and a fine from $1000 to $100,000.
  1. Civil Statute of Limitation: In Colorado, the time span for bringing a civil case is 1 to 3 years. For the cases related to the collection of debts and rents, the time span is 6 years. In case of personal injury or involving any motor vehicle one additional year is available sums up to 3 years total. 

How to Remove a Registered Agent for LLC in Colorado

A registered agent for LLC in Colorado can be removed by submitting a Statement of Change form with Colorado Secretary of State along with a filing fee of $10.

In Colorado, you may be wondering: How to remove a registered agent for an LLC? The process is easy, but it does require filing a form. The state will process the form and notify the new registered agent. The process may take a few weeks or longer, depending on when the change is necessary. Here are some tips. First, do not list your spouse as your registered agent. Your spouse may have a conflict of interest. Second, make sure to have a separate, independent agent handle business communications on your behalf.

In Colorado, it is not uncommon for an owner of an LLC to name themselves as the registered agent. This is because the registered agent’s address is public record. It’s not a good idea to list your spouse as the registered agent if you run a home-based business. Keeping up with the registration process is crucial for maintaining good standing with the state. You should also be aware of the legal ramifications of failing to update your registered agent information. If you fail to do so, you could lose your company’s good standing with the state.

Changing your address or phone number is an easy process. Just visit the Secretary of State’s website and fill out the necessary forms. After filling out the forms, the next step is to upload additional documents. In most cases, you won’t need to upload these documents. However, if you do, make sure you get all of the forms signed. The state office will then verify your information and notify the state that you have changed your address.

Filing periodic reports is crucial for an LLC in Colorado. Each year, your LLC must file a report to update information about the entity, including the registered agent. If your registered agent information is inaccurate, you should revise this information in the Periodic Report. Alternatively, you can also update the information with a Statement of Correction. In Colorado, LLCs can choose a new registered agent by simply filing the necessary paperwork.

There are a few reasons why you might wish to remove a registered agent for an LLC. For example, you may have shifted locations, moved out of state, or simply don’t want your address to be on public record anymore. In other cases, you may have ceased to want to do business with your registered agent and have no time to deal with it. You may have also grown too big for you to take on all of the responsibilities.

Changing your registered agent is not a difficult process, and the state of Colorado has provided a comprehensive guide on how to fill out and file the appropriate forms. You can change your registered agent online, if you’re located in Colorado. The state will process your documents and notify you of the change. As long as the new registered agent is available and you’re aware of the changes, the process should go smoothly.

F.A.Qs

Do you need a registered agent for your LLC in Colorado?

All corporations and limited liability companies doing business in Colorado are required by state law to appoint a Colorado registered agent. Colorado registered agents provide a reliable way for the Secretary of State and state courts to contact a corporation or LLC.

Who qualifies to be a registered agent?

A registered agent is simply a person or entity appointed to accept service of process and official mail on your company’s behalf who lives in the state of service and is over 18.

Why should you not act as your own registered agent?

If you intend to be your own registered agent, you may be forced to use your home address (especially if you run a home-based or web-based business), making the address public.

In Conclusion

Before you choose a registered agent for your Colorado LLC, compare their price and services from the table. They will be responsible for all your documentations, filings, and other LLC-related tasks. Hence, choose the best one for your business that provides 100% accurate service at a reasonable price.

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