On this page, you’ll learn about the following:
- DC Registered Agent Requirements
- How to Choose a Registered Agent?
- What to Consider When Choosing a Registered Agent
- District of Columbia Business Laws and Registered Agents
DC Registered Agent Requirements
There are certain requirements to fill the role of a DC 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 DC, you must nominate a registered agent. You can either appoint an in-house registered agent (yourself or any LLC member) or outsource a DC registered agent service.
You can elect your registered agent online through the DC 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 DC.
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 three of the best LLC services on our list that will provide you with registered agents to ease your worries.
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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.
District of Columbia Business Laws and Registered Agents
Registered agents are responsible for handling all the business laws and other legal issues related to DC LLC. Every state has its own business laws. DC is no exception. It has its own set of different business laws to follow. Here are some of the important business laws every business should follow,
- Antitrust Laws: In general, Antitrust law detects the formation of cartels in any open market. When competitors come together and influence the market price and supply in illegal ways, they form a cartel. Cartels are illegal in any market. In DC, like any other state, there is an Antitrust Law to prevent this. The time span to bring the claim under this law is 4 years in DC. A successful plaintiff can recover attorney’s fees as well.
- Interest Law: Every state in the United States has an Interest law for businesses. Normally, the general interest rate guidelines are lesser than the legal threshold of interest rate. In DC, the legal maximum interest rate in the absence of agreement is 6% per year and by contract in writing up to 24%. Interest rates on judgments are set at the rate of 4% on judgments against the DC.
As a penalty for Usury (Unlawful Interest Rate) is forfeiture of interest and recovery of usurious interest paid.
- Corporate Laws: These laws govern the formation and operation of corporate entities, such as the content of articles of association, incorporation, and corporate names. The District of Columbia Official Code Title 29: Business Organizations.
- Deceptive Trade Practices Laws: Connecticut laws aim to protect their residents from unfair business practices. Such practices mislead the consumers into investing in invaluable market products by selling them with twisted statements and lies such as false advertising. Remedies in such cases include civil penalties, damages, Consumer redressal remedies, punitive damages, injunction, and attorney’s fees.
The registered agents are the ones who take care of these cases and laws for you. Hiring a registered agent in DC will help you to handle and cope with all these business laws.
How to Remove a Registered Agent for LLC in District of Columbia
The Registered Agent is responsible for receiving legal documents on behalf of an LLC. The registered agent may be a DC resident or an authorized business in the District of Columbia. If your LLC has a registered office outside of the District of Columbia, you should contact the Northwest Registrar of Companies and request to be removed from the list of agents. This service is inexpensive, but you must comply with the state’s requirements.
First, the LLC must select a registered agent. As the name implies, the registered agent will accept legal documents on behalf of the business. Once you’ve chosen a registered agent, you’ll need to notify the district of any change. Once you’ve chosen a registered representative, the process is simple and painless. To change the registered agent, visit the DCRA’s page on D.C. licensing.
To change the registered agent for your LLC, you need to file an RA-3 form with the DCRA. The fastest way to file this form is online through the CorpOnline web portal. You’ll need to know the exact name of the LLC in DCRA records and the current registered agent’s name and address. Once you’ve done this, you can choose a new registered agent.
All corporations and limited liability companies doing business in DC are required by state law to appoint a DC registered agent. DC registered agents provide a reliable way for the Secretary of State and state courts to contact a corporation or LLC.
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.
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.