Are you unsatisfied with your Colorado registered agent? Or perhaps you’re currently serving as your own registered agent, but would rather hire a professional registered agent service instead?
The state of Colorado makes it rather easy to change your registered agent, but there are some details involved in the process that are worth reviewing.
In this guide, we’ll discuss all the relevant details of changing a registered agent in Colorado.
Guru Tip: If you would prefer to have a professional service deal with the paperwork and take over registered agent duties, hire a Colorado registered agent service. It’s just a small annual fee.
What Is a Colorado Registered Agent?
Why is a registered agent required for every limited liability company (LLC) or corporation? It all comes down to the fact that the state needs to be able to contact an official representative of your business if they need to deliver important documents to you, especially service of process.
Without a registered agent, you could remain unaware of a lawsuit against your business progressing through the court system.
Who Can Be a Colorado Registered Agent?
If you’re looking to change your company’s registered agent, it’s a good idea to know who is eligible to serve as one.
The Colorado Secretary of State requires that any individual or company wishing to serve as a registered agent have a physical address; P.O. boxes are disqualified. Individuals must be adults over 18 who are residents of the state of Colorado. If you are an individual fitting these requirements, you choose to serve as your own registered agent. Alternatively, you may hire the services of a a company which is authorized by Colorado to act as a registered agent.
How to Change Your Registered Agent in Colorado
If you would like to change your registered agent for any reason, the process is simple.
The process to change your registered agent in Colorado must be done online. Using the Secretary of State’s system, you must complete either a Statement of Change Changing Registered Agent Information or a Periodic Report form, if you are in your periodic reporting period. While neither form may be submitted by mail or in person, you may still view PDF versions of either from the “Business Forms List” page on the Secretary of State’s website.
To complete either, you’ll first need to search the entity’s name on the Record Identification or ID search tool located on the “File a Business Document” page of the Colorado Secretary of State’s website. Once you’ve identified the correct business, click its ID number, confirm that you are authorized to make changes to the record, and proceed to the appropriate form. It will require the following information:
- The entity’s ID number
- The date of resignation
- Name and address of your previous registered agent
- The name and address of new registered agent
Change of Registered Agent Fee: There is a small $10.00 processing fee which you will be prompted to pay after the completion of the document.
Should You Hire a Professional Colorado Registered Agent Service?
Hiring a registered agent service like Northwest Registered Agent has some distinct advantages. First and foremost, compared to serving as your own agent, professional registered agent services allow you to keep your personal address private. They’re also much less expensive than hiring a lawyer or accountant to provide registered agent service.
An often-overlooked benefit is how easy it is to expand your Colorado business into other states if you choose a professional registered agent. They typically have offices in all 50 states, so if you begin transacting business in an additional state, your same registered agent service can handle that for you.
If you’re interested in hiring a professional registered agent service, take a look at our guide to the top service providers.
Conclusion
The process for changing a registered agent in Colorado isn’t a complicated one, but it’s certainly advisable to know exactly what you want to do ahead of time. If you know what you want going in, you’ll find that the process is really quite painless.
We hope this article answered your questions about changing your Colorado registered agent!