Not happy with your resident agent? Or maybe you’ve been acting as your own RA in New Jersey and are now overwhelmed with the paperwork? It’s not a problem, because it’s quite easy to change an RA in NJ. Read more here to learn how to do it at https://www.outlookindia.com/outlook-spotlight/best-registered-agent-in-new-jersey-what-is-your-best-choice-in-2022-news-244836 or continue reading this article.
Further down, we’ll review how to change a registered agent in New Jersey and what procedures this process involves so you can save a lot of time and headache.
What Is a Registered Agent in NJ?
Before we delve into details, let’s start with determining what a resident agent in New Jersey is and why it’s necessary to have one.
To put it simply, an RA is a contact point between your business entity and the government appointed to receive and handle documents. In addition, the RA is responsible for notifying both the LLC and the Secretary of State of the receipt of official notes.
In New Jersey, any company or an individual who’s at least 18 years old can serve as a registered agent, as long as they have a physical address within the state and can be easily accessed at this address during business hours.
This means you have a pretty wide range of options for who you can hire:
- Your business colleague, friend, relative, or even your neighbor;
- A law firm or attorney;
- A professional RA in New Jersey;
- You can be your own RA.
Why Use a Resident Agent?
First and foremost, it’s required by law that any LLC operating in the state of New Jersey has a resident agent to process legal and official business documents in a timely manner. So, in order for an LLC to file a Certificate of Formation, it’s necessary to provide an RA’s details.
Furthermore, having a statutory agent working on your behalf saves you a lot of hassle. Rather than trying to single-handedly maintain your compliance calendar, you can outsource this work to a designated RA and rest assured your company’s kept in good standing.
Aside from that, if you’re planning to expand your business to other states, an RA authorized to work in that state can help you establish your presence there, thus saving you from the need to travel.
Finally, with an agent for service of process, you will keep your personal data off the public record, which can be an important point of consideration for home-based LLCs that don’t want their home address listed in public documents.
How to Change Your Resident Agent in New Jersey?
But what do you do if you’ve registered yourself as an RA and now you want to hire someone else? Fortunately, LLCs in New Jersey can make amendments to their Certificate of Formation at any point in time with little to no effort required.
All you need to do is fill out an L-122 Certificate of Change form and submit it to the Division of Revenue in NJ. This form can be used by both foreign entities and domestic LLCs and includes the following information:
- Your company’s name;
- The name and address of the current resident agent;
- The name and address of a new agent;
- Signature of LLC organizers.
The form can be sent online or by mail, depending on what’s more convenient for you, and the filing fee is $25. Per usual, the change is completed in 24 hours if submitted on a business day.
As you can see, changing a registered agent in New Jersey is quite simple and takes little to no time at all.