On this page, you’ll learn about the following:
New Jersey Registered Agent Requirements
There are certain requirements to fill the role of a New Jersey 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 New Jersey, you must nominate a registered agent. You can either appoint an in-house registered agent (yourself or any LLC member) or outsource a New Jersey registered agent service.
You can elect your registered agent online through the New Jersey Division of Revenue 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 New Jersey.
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.
New Jersey Registered Agent and Business Laws
The registered agents of New Jersey are accountable for the legal issues that are related to New Jersey LLC law. Every state has its own set of business laws. New Jersey is not an exception. Each state is governed by its own set of business laws. These are the most crucial business rules that every company must adhere to.
- Antitrust Laws: The main purpose of antitrust laws is to identify monopolies or cartels that are formed in any market. A cartel is the combination of two or more competitors which has an unconstitutional influence on price or supply. It is unlawful to create cartels on any market. New Jersey is governed by the same antitrust laws as other states.
The New Jersey law allows the filing of a lawsuit within four years. Plaintiffs are also able to recover costs for attorney’s fees and other damages under the law. Violating the law leads to punishment and a hefty amount of fines.
- Deceptive Trade Practices Laws: New Jersey has the Deceptive Trade Practice Law. Like any other state, New Jersey businesses too, have deceptive trade practices. Any plaintiff, if raises case under this law, can recover the attorney’s fees. The accused might pay up to $10,000 for the first violation and $20,000 for the second violation. For senior citizens, they may recover twice the value.
Agents registered with the state are in charge of these cases and the laws. The laws are handled by New Jersey registered agents.
How to Remove a Registered Agent for LLC in New Jersey
The New Jersey Department of Treasury, Division of Revenue, and the State Bar of New York oversee the process of changing a registered agent for an LLC. Depending on the state, an entity may change its registered agent online, by mail, or in person. There are specific filing requirements for each method. In some cases, a change will be immediately effective. In other cases, a change may take several business days.
An individual acting as a registered agent in New Jersey must be willing to handle this responsibility. An individual is required to be available from 8 a.m. to 5 p.m. Monday through Friday. This may be a nuisance for some people. Additionally, the registered agent must be available to answer phone calls and address email requests from the state and the company. In such a situation, a registered agent service can be an excellent solution.
While it may be difficult for a business owner to replace a registered agent, changing one is easy. Business owners simply hire a new registered agent, file a Change of a Registrar Form with the state, and cancel their old service with the new one. Changing a registered agent is an annual procedure, and most states have a fee for the change. For more information, see the state tables for specific processes.
All corporations and limited liability companies doing business in New Jersey are required by state law to appoint a New Jersey registered agent. New Jersey 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.