Are you unsatisfied with your New Mexico 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 New Mexico 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 New Mexico.
Guru Tip: If you would prefer to have a professional service deal with the paperwork and take over registered agent duties, hire a New Mexico registered agent service. It’s just a small annual fee.
What Is a New Mexico 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 New Mexico 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.
In New Mexico, all registered agents are required to have a physical street address in the state at which they are present during the hours of normal business operation.
You may appoint either a qualifying domestic corporation or an individual resident of the state as long as they meet the requirement of having a physical address within the state. Most commonly, registered agents are either individuals affiliated with the business entity (such as the owner or an employee) or they are a corporation designed specifically for providing the services of registered agent for an annual fee.
Should you wish to seek the services of a commercial registered agent, you may choose to check out this list of the top registered agent services based on price and overall value.
How to Change Your Registered Agent in New Mexico
If you would like to change your registered agent for any reason, the process is simple.
To change your registered agent in New Mexico you must complete the Change of Registered Agent or Registered Office form. The document may either be completed online through the state of New Mexico’s Online and E-file System or completed here as a PDF document and mailed to the New Mexico Secretary of State.
Regardless of how you choose to submit it, you’ll need the following information to complete it:
- The name and business ID of the company
- The current registered agent’s name and address
- The successor agent’s name and address
- The business entity’s principal address
- Your signature
In order for the Change of Registered Agent or Registered Office document to be processed, it must include a Statement of Acceptance of Appointment by Designated Registered Agent which certifies your new registered agent’s consent to serve. The Acceptance form can be found in the same PDF file as the Change document, and requires only the registered agent’s name, a statement of consent, and a signature.
Change of Registered Agent Fee: $25 for corporations and $20 for LLCs
Should You Hire a Professional New Mexico 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 New Mexico 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 New Mexico 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 New Mexico registered agent!