If you form oneLimited liability companyorgroupIn the state of Arizona, you must designate a registered agent.
A registered agent is the individual or entity that receives legal documents from the state and then forwards them to your business address. But why is this a requirement, and who should you designate as your Arizona Registered Agent?
In this guide, we will break down all the details you need to know about Arizona registered agents.
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What is an Arizona Registered Agent?
One of the most common questions we get from Arizona entrepreneurs is why a registered agent is required to form an LLC or corporation. While it may seem like an unnecessary middleman role, the registered agent fulfills an important role.
The job of the registered agent is to provide the state with a reliable way of contacting an official representative of your company at any time, which is especially important if your company is ever sued. If you don't have a registered agent, a lawsuit could go to court without your knowledge, which is obviously far from ideal.
While Arizona doesn't provide a recommended list of registered agent services, we've reviewed the top options and compiled a list of those that dobest arizona registered agent servicesby price and total value.
Who Can Be an Arizona Registered Agent?
The Arizona Corporation Commission has jurisdiction to dictate and regulate the incorporation and operation of LLCs and corporations in the state. According to their requirements, legal representatives can be either a corporation or LLC authorized to conduct business in the state, or an adult resident of Arizona. In all cases, legal representatives must have a physical address in Arizona; Mailbox boxes are not enough. Foreign LLCs and corporations can serve as registered agents as long as they are licensed to conduct business in the state and have a physical address in Arizona. In most cases, adult residents of the State of Arizona can act as their own legal representative.
In addition to the legal requirements, an important aspect to discuss is whoshouldBe your registered agent. You have the right to declare yourself as your own registered agent, which has its advantages and disadvantages.
On the plus side, you can save some money by not paying someone to act as your agent, but you'll also likely need to make your home address public, which isn't ideal. In addition, you must be physically present at your establishment during all normal business hours (9-5, M-F).
Some entrepreneurs are happy to have a friend or family member act as a registered agent, but if that person does not have experience in the position, they may not know what is expected of them. Additionally, naming your solicitor or accountant as a registered agent can work, but these options are usually quite expensive.
We prefer hiring oneprofessional registered agent service, which offers a combination of comfort, affordability and peace of mind unmatched by any of these other options.
How are Arizona residents served?
The most important part of a registered agent's role is serving a subpoena.
Before any legal action is taken, plaintiffs in Arizona are instructed to first write and mail a collection letter. A warning letter aims to notify a person or company of a law they have broken and any consequential damages they have suffered as a result. It serves as a way for companies to settle out of court. If no agreement can be reached, legal proceedings can be initiated. In order for a subpoena to be processed in Arizona, the plaintiff must first write a complaint and file it with the clerk. The plaintiff must complete an appropriate complaint form for the court in which the case is filed. Each dish has its own formatting requirements. In some cases, a civil cover sheet may be required to file the complaint. Next, the plaintiff must fill out a subpoena. In some states, the subpoena is processed and served by the state, but in Arizona the subpoena is served by the plaintiff. After completing the subpoena form, the clerk will instruct the plaintiff on how to serve on the defendant. Finally, copies of all required documents are made before they are submitted to the secretariat for filing. Registration fees vary by court. In most cases, the fee is about $52 for small claims court and $300 for federal court. If financial hardship can be demonstrated, the plaintiff may be entitled to a fee waiver or deferral. After these steps have been taken and the clerk has filed the complaint, the plaintiff may serve the subpoena on the defendant's legal representative.
How to Appoint an Arizona Registered Agent
The answer to this question depends on what type of business you are incorporating, but with either a corporation or an LLC, you must designate your registered agent when you incorporate your business.
All the documents needed to incorporate your corporation and designate your legal representative can be found on the Arizona Corporation of Commission website atthis link. The requirements and documents required to appoint a legal representative for an LLC differ from those required to appoint a legal representative for a corporation. Be sure to select the correct forms from the drop-down menus titled "Corporation Forms" or "Limited Liability Company Forms" when completing the documents. The legal representative for an LLC can be determined by completing Box #4 of the Articles of Incorporation Form, which can be foundHere. Once completed, this form must be mailed along with all other designated forms and a regular $50 processing fee.
In order to appoint a legal representative for a company, you must indicate the name and address of the representative in box number 4 of the Articles of Incorporation, which is available as a PDF file atthis link. Please note that this form is specifically designed for for-profit organizations only; Non-profit organizations must apply for a separate, specified form. Once completed, the document must be mailed along with any other required forms and a $60 filing fee.
In order for the appointment of a legal representative to be accepted, both the LLC Formation Form and the Corporation Formation Form must be accompanied by aAuthorization Form for Legal Representatives. This constitutes the formal acceptance of the legal representative's role and must include his/her signature.
Once completed, all required forms (along with the appropriate filing fees) must be submitted to the Arizona Corporation Commission.
How do I change my Arizona registered agent?
If you likeChange your registered agentFor some reason the process is pretty simple.
In order to change the address of your existing agent or to designate an entity as your new registered agent, you must first complete one of the two Declaration of Change forms available on the Arizona Corporation Commission's website. Depending on whether your business is registered as an LLC or as a corporation, you will need to fill out either the LLC Statement of Change form foundHereor found the Corporate Statement of Change formHere. Next, you need to have your new legal representative fill this outAuthorization Form for Legal Representatives. This document is suitable for both LLCs and corporations. Finally, as with all documents filed with the Arizona Corporation Commission, you must fill out a formcover sheetto accompany your documents. These three forms (Notice of Amendment, Legal Representative Registration Form, and Cover Page) may be submitted to the Arizona Corporation Commission by mail, facsimile, or in person. Arizona LLCs must charge a standard $5 processing fee to change their legal representative, while corporations can change their legal representative for free. Standard processing generally takes about 20 business days, but expedited filing is available for an additional fee of $35.
How does an Arizona registered agent resign?
Sometimes a registered agent needs to do thisresign from office.
Whether the entity is an LLC or a corporation, the current registered agent must complete a legal representative resignation form in order to resign. The forms for the resignation of legal representatives of corporations and GmbHs can be found on the "Forms" page ofWebsite der Arizona Corporation Commission. Current legal representatives of LLCs must completethis formspecified for LLCs to resign while those of corporations must fill out the found entity specific formHere.
There is no filing fee to resign as a legal representative of an LLC. However, to withdraw from acting as a legal representative of a corporation, you must pay a regular processing fee of $10.
As with all documents that may be filed with the Arizona Corporation Commission, the statutory agent's resignation form must include acover sheet. After you have completed the Statutory Agent Resignation and Cover Form, you may mail it to the Arizona Corporation Commission at the following address:
Commission of the Arizona Corporation
Company Registrations section
1300 West Washington St.
Phoenix, Arizona 85007
Why should you hire a professional Arizona registered agent service?
Hiring a professional registered agent is basically the best of both worlds between working as your own agent and hiring a lawyer or accountant.
privacy
The biggest benefit, in our opinion, is the privacy it allows, as you can keep your personal address private. There is also a major benefit over having a lawyer or accountant as your agent, and that is the fact that the services of a registered agent are almost always a lot cheaper.
professional service
Another reason we like this option is that these companies specialize in providing a quality registered agent service. They know exactly what is expected of them and there are rarely any significant problems.
nationwide
The other major benefit of hiring a registered agent service is that most of them operate in all 50 states. So if you ever want to expand your business to another state, you don't need to hire an additional registered agent. The same registered agent can provide you with the coverage you need in your new state while providing the same service in Arizona. If you have hired an attorney or accountant, the only way they can help you expand into a new state is if they have another physical office in that state.
You stay compliant
Finally, most professional registered agents operating in Arizona offer some form of compliance calendar. With this service, your registered agent will help you keep track of due dates for ongoing LLC maintenance requirements such as annual reports, which is a valuable bonus.
The best registered agent service providers offer a few other attractive features, including access to their extensive customer support networks. Some of them include a full year of registered agent service with each company formation package, which can be a real money saver. Another welcome feature is that some registered agent services offer volume discounts if you need services in multiple states or are paying for multiple years in advance.
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At ZenBusiness, we pride ourselves on providing convenient, easy-to-use business services that give you more time to actually run your business. When it comes to ongoing service for registered agents, ZenBusiness offers a great price of $99 for the first year and a competitive price of $199 for subsequent years.
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What is the penalty for not naming a registered agent in Arizona?
You must first have a registered agent to incorporate your Arizona limited company or corporation, but allowing your service as a registered agent to lapse could have serious consequences.
Failure to maintain a registered agent can result in your company losing its good standing with the state of Arizona, and the state also has the right to officially dissolve your LLC if it so chooses.
Another problem would be the difficulty of getting service if your company is sued. If the state cannot reach your registered agent, a court may decide to proceed with the lawsuit without your knowledge, which could even result in a judgment against you. Not only can this happen if you do not designate a registered agent, but also if your agent is not present during business hours to accept delivery of documents.
Diploma
As you can see, the task is to appoint a registered agent for youArizona Businessis not quite as easy as just writing down your own name.
In our opinion, there are significant downsides to almost every option, but we recommend hiring a professional registered agent service as this option has the fewest downsides. They charge affordable prices and you never have to worry about your reputation being damaged, your LLC or company being dissolved, or a lawsuit being filed in your absence.
If you have additional questions, you can contact the Arizona Department of State:
Tucson office Phoenix office Alternatively, you can email the Corporate Filings area of the Corporations Division directlyfilings.corp@azcc.gov
Commission of the Arizona Corporation
400 W. Kongress, 2. Stock
Tucson, AZ 85701
No mail received - just go inside
Commission of the Arizona Corporation
1300 West Washington St.
Phoenix, AZ 85007
FAQs
Who can be a registered agent in Arizona? ›
Who can be the Statutory Agent? A Statutory Agent can be an individual, or an Arizona corporation or LLC, or a foreign corporation or LLC that is authorized to transact business in Arizona. A corporation or LLC cannot be its own Statutory Agent – it must appoint someone apart from itself.
How do I choose a Statutory Agent in Arizona? ›As per the Arizona LLC Act (Section 29-3115), your Statutory Agent must have a physical street address located in Arizona. An Arizona Statutory Agent can't use a PO Box address. If your Arizona Statutory Agent will be a person, they must be a resident of Arizona, and have a physical street address in the state.
How do I change the registered agent on my LLC in AZ? ›To change your registered agent in Arizona, you must complete and file a Statement of Change form with the Arizona Corporations Commission (ACC). The Arizona Statement of Change can be submitted by mail, fax or in person and costs $5 for LLCs (there's no fee for corporations).
Who can be a registered agent? ›Any South African individual or registered company may apply to become a 'registered agent'. A licensed clearing agent may also become a 'registered agent'.
How much is a registered agent in AZ? ›Entity | State Filing Fee | Arizona Registered Agent Required? |
---|---|---|
Arizona LLC | $50 | Yes |
Arizona Corporation | $60 | Yes |
Foreign Arizona LLC | $150 | Yes |
Foreign Arizona Corporation | $175 | Yes |
What is a statutory agent? A Statutory Agent is a person or business that has a physical address in Arizona. A Statutory Agent's responsibility is to accept Service of Process or legal documents on behalf of a corporation or limited liability company.
Who is the agent for service of process in Arizona? ›Service of process must be made by a sheriff, a sheriff's deputy, a constable, a constable's deputy, a private process server certified under the Arizona Code of Judicial Administration § 7-204 and Rule 4(e), or any other person specially appointed by the court.
Can you use a PO box for an LLC in AZ? ›Corporations MUST have a physical street address in Arizona: An Arizona corporation MUST have a physical street address (not a post-office box) and it must be in Arizona. A foreign corporation (applying to do business in Arizona) MUST have a physical street address (not a post-office box) and it must be in Arizona.
Can you be a dual agent in Arizona? ›In Arizona, disclosed dual agency is a practice allowed by law wherein one agent or broker provides services to both buyers and sellers in the same real estate transaction.
How much do real estate agents make a year AZ? ›The average salary for a real estate agent in Arizona is $39,000 per year. Real estate agent salaries in Arizona can vary between $16,500 to $170,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.
What are the requirements to be a real estate agent in Arizona? ›
- Age - Be at least 18 years of age when applying for a license.
- Education – Complete 90 hours of “in classroom” or online Real Estate Salesperson pre-licensing education at an approved Arizona real estate school and pass the examination at an ADRE approved real estate school, college or university.
Your state will require a change registered agent form and a form showing that your new registered agent consents to being designated your registered agent. Fill out and sign the forms as required; your registered agent will likely have to do the same with the consent form.
How can I become a change agent within my current organization? ›- Be mindful of hierarchies and politics. ...
- Accept resistance as a reality and respond flexibly. ...
- Look for existing solutions. ...
- Take a holistic approach to problem solving. ...
- Focus on change that “outlives” you.
While an individual is permitted to represent himself or herself in a lawsuit, a corporation is not an individual. Only a person authorized to practice law may appear in court for a corporation.
Can a registered agent be held liable? ›In sum, an attorney or CPA, like anyone else who acts as a registered agent, may be held liable on various theories if a default judgment is entered against an entity for which the attorney or CPA agreed to act as registered agent.
How much do I pay a registered agent for LLC? ›Registered agent services typically cost somewhere between $100 and $300 per year. For some business owners, it's well worth the fee to not have to track the official notices and annual report due dates with the state.
Do real estate agents make good money in Arizona? ›How much does a Real Estate Agent make in Arizona? As of Feb 4, 2023, the average annual pay for a Real Estate Agent in Arizona is $86,473 a year.
Do you need a realtor to buy a house in Arizona? ›Contrary to popular belief, though, you don't necessarily need a realtor to help. With the right approach, you can purchase a property by yourself and save money as a result.
Does Arizona allow dual agency in real estate? ›Arizona requires the agent or broker to complete the consent to limited representation form when they are going to represent both seller and buyer or landlord and tenant. Arizona has specific laws regarding dual agents and their fiduciary duty to clients.
Can a Realtor represent themselves as a buyer in Arizona? ›The simple answer is yes – as a licensed agent, you can represent yourself in buying or selling real estate for yourself, so long as you disclose that you representing yourself upfront in the deal.
Who are considered as states agents? ›
State agent means any state official, state employee or other person authorized to enter into a contract or agreement or issue a grant on behalf of the state.
Can an individual be appointed as process agent? ›That physical location is often called the company's registered office. An agent for SOP can be an individual or an entity, such as a corporation.
What is Rule 4.2 in Arizona Rules of Civil Procedure? ›In representing a client, a lawyer shall not communicate about the subject of the representation with a party the lawyer knows to be represented by another lawyer in the matter, unless the lawyer has the consent of the other lawyer or is authorized by law to do so.
Who can serve legal papers in Arizona? ›“Generally, service of process must be made by a sheriff, a sheriff's deputy, a constable, a constable's deputy, a private process server certified under the Arizona Code of Judicial Administration §7-204 and Rule 4(e), or any other person specially appointed by the court.
What are the different types of LLC in Arizona? ›Single member LLCs may elect to be grouped as an S corporation, C Corporation, or a sole proprietorship. Multi-member LLCs can elect to be taxed as an S corporation, a partnership, or a C corporation.
How much does it cost to start an LLC in Arizona? ›The initial cost to start an LLC in Arizona is $50. This is the fee required to file your Articles of Organization with the state. There are other potential fees associated with starting your LLC, but the cost to file is $50.
Do I need an address to register a business? ›It is a legal requirement for all UK companies to provide a registered office address. This location will serve as the official address for all correspondence from Companies House and HMRC.
Is a dual agent a good idea? ›To protect your finances and ensure you are selling or buying at the best possible price, it is probably best to avoid dual agency. Buyers or sellers may be inclined to work with a dual agent because they want to obtain confidential information about the person buying or selling the home.
Can a real estate agent represent buyer and seller in Arizona? ›Dual Agency / Compensation - A real estate salesperson or broker shall not accept compensation from, or represent more than one party to a transaction without the prior written consent of all parties.
Can you be a loan officer and real estate agent in Arizona? ›Can Realtors Be Loan Officers? Realtors who are licensed loan officers cannot originate FHA Loans for their own real estate client. However, they can originate any type of conventional loan, jumbo loan, hard money loan, or commercial loan for own real estate client.
What type of Realtors make the most money? ›
Real Estate Broker
A career as a real estate broker is one of the highest paying and lucrative professions in the real estate industry. On average, experienced brokers take home a six-figure pay. You can only achieve this number once you get a significant amount of good reputation.
- Mortgage Loan Officer.
- Real Estate Attorney.
- Real Estate Agent.
- Compliance Specialist.
- New Home Sales Consultant.
- Realtor.
- Real Estate Broker.
- Property Accountant.
Criminal convictions, civil judgments, or disciplinary action involving any other professional licenses in Arizona or any other state may result in license denial. The following state laws, also known as Arizona Revised Statutes (A.R.S.), relate to original and renewal license applications with disclosure(s).
Do you need qualifications to open an estate agents? ›You'll usually need: 1 or 2 A levels, or equivalent, for a foundation degree or higher national diploma. 2 to 3 A levels, or equivalent, for a degree.
How difficult is the Arizona real estate license test? ›Is the Arizona real estate exam hard? Around 23% of Arizona students fail the test and have to retake it in order to pass. Upon follow up after the test, most do not consider the exam "easy." The best way to alleviate your nerves and pass the test is to work hard and prepare as much as possible.
Can a real estate agent represent both buyer and seller in Arizona? ›Arizona requires the agent or broker to complete the consent to limited representation form when they are going to represent both seller and buyer or landlord and tenant. Arizona has specific laws regarding dual agents and their fiduciary duty to clients.
What is a statutory agent for an LLC in AZ? ›A Statutory Agent is a person or business that has a physical address in Arizona. A Statutory Agent's responsibility is to accept Service of Process or legal documents on behalf of a corporation or limited liability company.
Can a real estate agent represent the buyer and seller in Arizona? ›Dual Agency / Compensation - A real estate salesperson or broker shall not accept compensation from, or represent more than one party to a transaction without the prior written consent of all parties.
Can a REALTOR represent themselves as a buyer in Arizona? ›The simple answer is yes – as a licensed agent, you can represent yourself in buying or selling real estate for yourself, so long as you disclose that you representing yourself upfront in the deal.
Are dual agent realtors legal in Arizona? ›
Dual agency is legal with prior written consent and the Arizona REALTORS® has put protections in place to ensure that buyers and sellers make informed decisions as to whether dual agency is in their best interests.
Is it OK to use same REALTOR as seller? ›Yes, that's allowed. The situation you're referring to is called transaction brokerage. Transaction brokerage is a service option when your real estate professional represents a buyer client interested in purchasing the property in which you are the seller client.
Who are the statutory agents of a company? ›A statutory agent is an individual or legal entity appointed to accept service of process on a company's behalf.
What is an agent vs a manager for an LLC? ›Different from a non-managing member, the managing member of an LLC acts as the company's agent. They have the power to sell or buy company property during the course of the business. They can also fire or hire employees, bind the company through contracts, and perform company operations directly.
What is the difference between member and manager in LLC? ›When you start an LLC, you'll need to decide early on who will manage it: members or managers? In a member-managed LLC, members (owners) are responsible for the LLC's day-to-day operations. In a manager-managed LLC, members appoint or hire a manager or managers to run the business.
Can a realtor sell their own home in Arizona? ›Professional real estate agents — including Realtors, or agents who are also members of the National Association of Realtors — can sell their own residence the same way they would any other property.
How much do real estate agents make on average in Arizona? ›As of Feb 2, 2023, the average annual pay for a Real Estate Agent in Arizona is $86,473 a year. Just in case you need a simple salary calculator, that works out to be approximately $41.57 an hour. This is the equivalent of $1,662/week or $7,206/month.
Can you work with more than one agent? ›Sometimes, buyers will attempt to use multiple real estate agents when searching for a home. There are no regulations or laws stating that buyers cannot use more than one agent or realtor; however, realtors have a code of ethics they follow, and they cannot interfere with another agent's sales.