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
Changing your registered agent might seem like a trivial task, but it is an essential process that can impact the overall operations and reputation of your business. There are various reasons why you might need to change your registered agent, such as if your current agent is no longer available, if your business is moving to a new location, or if you simply want to replace them with a more reliable service.
One of the main reasons why changing your registered agent in Colorado is so important is to ensure that your business remains in good standing with the state. Failing to have a registered agent can result in severe consequences, such as fines, penalties, or even the dissolution of your business. By updating your registered agent promptly, you can avoid any potential legal issues that may arise from not having a designated individual in place to receive important documents on your behalf.
Additionally, changing your registered agent can also help to maintain the privacy and security of your business. Your registered agent’s information is publicly available and can be accessed by anyone who knows where to look. If your current registered agent is no longer suitable or trustworthy, changing to a new agent can help protect your business from any potential risks associated with having unreliable individuals handling confidential legal matters on your behalf.
Furthermore, changing your registered agent can also improve the overall efficiency and effectiveness of how legal documents are managed within your business. By selecting a registered agent that is experienced and proactive in handling legal matters, you can ensure that important documents are received promptly and handled in a timely manner. This can help to prevent any delays or disruptions in your business operations that may arise from not having a reliable and responsive registered agent in place.
In conclusion, changing your registered agent in Colorado is a crucial aspect of maintaining compliance with state laws, safeguarding the privacy and security of your business, and ensuring that legal matters are handled efficiently and effectively. While it may seem like a simple administrative task, the impact of having a reliable and trustworthy registered agent cannot be understated. By staying up to date on your registered agent and making changes as necessary, you can protect your business from potential legal risks and maintain a strong and reputable presence within the state of Colorado.
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.