How To Be Your Own Registered Agent In Vermont
Information On How To Act As Your Business’s Registered Agent In Vermont
What is a registered agent?
When you register a business with the Vermont secretary of state, the state wants to know that there is a physical location where mail can be sent, and service of process received. This is where a registered agent comes into play. The registered agent is the person designated to accept mail and service of process on behalf of your business.
My business never gets sued! Do I need a registered agent?
It is required by Vermont state law (and in all 50 states) that your business maintain a registered agent. Even if you don’t think there is a chance your business will ever be sued, it is still necessary. You can hire an individual or a business to act as your registered agent, or you can be your own registered agent. Your business, however, cannot be its own registered agent.
How do I become my own registered agent in Vermont?
If you have yet to start a Vermont business, then you can put down your own name and address in the space provided for registered agent information on the formation documents. The documents ask for the name of the registered agent, as well as the street address and PO Box (if applicable).
If you already operate a business in Vermont, you can still be your own registered agent. You will just need to file a Change of Registered Office or Registered Agent form with the Vermont secretary of state. On this form you will write your own name and address where it asks for registered agent information, sign the form, and send it in along with the $20 fee ($5 if you are a nonprofit corporation). Mail the form and fee to:
Vermont Secretary of State
128 State Street
Montpelier, VT 05633-1104
It takes Vermont about one week to file your paperwork, and once it has been filed you will officially be the registered agent for your business.
What do I need to know about being my own registered agent in Vermont?
First of all, it is required for registered agents to have a physical street address in Vermont—not just a PO Box. Second, you must keep regular business hours at this street address for as long as you act as your business’ registered agent.
Also, be prepared for process servers to come knocking on your door. And, once you put your name and address on record with the secretary of state as registered agent, your information is public knowledge.
If you can meet these requirements, you are ready to become your business’ own registered agent.