On this page, you’ll learn about the following:
Indiana Registered Agent Requirements
There are certain requirements to fill the role of an Indiana 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 Indiana, you must nominate a registered agent. You can either appoint an in-house registered agent (yourself or any LLC member) or outsource to an Indiana registered agent service. You can elect your registered agent online through the Indiana 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 Indiana.
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.
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.
Indiana Business Laws for Registered Agents to Note
Like in all other states, Indiana also has protections for both consumers and businesses. This section
describes the business laws that may affect your LLC should you operate in Hawaii.
- Indiana Antitrust Laws: Businesses have little motivation to win customers because of a lack of good and open competition, thus allowing more freedom to raise prices. The federal government and the States use antitrust laws to discourage cooperation, certain mergers, and acquisitions that may give companies an unfair advantage. Indiana antitrust laws allow citizens to bring private lawsuits against companies and also recover attorneys’ fees if they are successful.
State attorney generals can sue in the place of the state; the court can order an injunction to prohibit the practice if the lawsuit is successful.
Businesses or consumers that compete may also file a private right of action. The plaintiff can recover damages due to unfair practice if the lawsuit is successful.
- Indiana Deceptive Trade Practices Laws: The state of Indiana’s deceptive trade practices laws adheres to the Uniform Deceptive Trade Practices Act, which allows both state attorneys and private parties to file lawsuits against dishonest companies. Learn more about Indiana’s deceptive trade practices law in the following table.
Violating an injunction costs up to $15,000 and a penalty up to 500$ for incurable deceptive acts.
- Indiana Interest Rates Laws: Indiana law, like most other states, limits the amount of interest a creditor can charge. The limit and default is 21 percent for unsupervised consumer loans and eight percent of judgments.
How to Remove a Registered Agent for LLC in Indiana
A registered agent for LLC in Indiana can be removed by submitting a Statement of Change with the Indiana Secretary of State without any filing fee
If you are wondering how to remove a Registered Agent for LLC in Indiana, you are not alone. There are several reasons why an individual would want to do this. Listed below are some of the most common reasons. Before submitting your LLC registration application, you must find out whether the name you want is available. The secretary of state’s website provides a search tool so you can determine if a name is already taken.
Your LLC must keep a registered agent, which means a person or company who is accessible to the public during normal business hours. The registered agent may be a domestic entity, a foreign entity, or even a resident of Indiana. However, you cannot act as your own agent if you don’t wish to do so. So, you should look for a professional company if you don’t feel comfortable acting as your own agent.
The Registered Agent, also known as a Resident Agent, or Statutory Representative, is the person responsible for accepting government correspondence on behalf of the LLC. Their office is required to be open during business hours and have a physical address. This person must also be available to receive service of process for lawsuits. If the LLC owner is planning to expand across state lines, they may want to remove the Registered Agent from their business.
If you are concerned that your agent is not meeting your needs, you may wish to consider using an alternative registered agent service. Northwest Registered Agent is one company that offers comprehensive services for business entities. Its website is easy to navigate and offers multiple state and year services. The company’s team is comprised of former lawyers, business owners, and entrepreneurs. You can call their customer service representatives at any time of the day with any questions.
Another option is Rocket Lawyer, which is a knockoff of LegalZoom. They charge $149 per year for negligible services. However, they don’t provide the same level of support as Northwest does. In addition, Rocket Lawyer’s customer support is not as helpful as Northwest’s. Ultimately, the choice of an Indiana registered agent is up to you and your business needs. Take the time to find the right one for you.
To remove a registered agent for an LLC in Indiana, follow these steps. During the next annual report filing, you will need to update the information regarding your registered agent. Although annual reports are not required in all 50 states, they are necessary in most. It is not mandatory to notify your old registered agent of your intention to change agents, but it is a common courtesy. Be sure to clear any pending dues to the old agent before removing the agent.
You can also choose a new name for your LLC. You should select a memorable name for your business to attract more customers. It is important to keep in mind that if you are unsure, you can use a name search tool to find out. When choosing a name, make sure it is easy to spell and simple to remember. This will help attract more customers and create more revenue. Once you’ve chosen a name for your LLC, you can move forward with filing for your license.
All corporations and limited liability companies doing business in Indiana are required by state law to appoint an Indiana registered agent. Indiana 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.
Before you choose a registered agent for your Indiana 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.