Every limited liability company operating in the United States needs to designate a registered agent. Even after you identify your initial registered agent in your formation paperwork, there are several reasons for why you may need to change the registered agent for your LLC in Colorado.
Your registered agent could be moving out of state, or they could be a former co-owner or employee who no longer works for your organization. Maybe you want to switch from an individual registered agent to a professional service that operates in all 50 states, or perhaps you’re simply unsatisfied with your current registered agent’s service.
Whatever the reason may be, each state allows you to change your registered agent at any time, and in most states the process is both simple and inexpensive. Let’s dive into the specifics of how to change your LLC’s registered agent in Colorado.
NOTE: If you need help changing registered agents, the same services that are known for offering online LLC services — like LegalZoom and Zen Business — can also take over registered agent duties and file the needed paperwork.
Who Can Be a Registered Agent in Colorado?
A Colorado registered agent is a person or business entity that has a physical address in the state. You or one of your co-owners can serve as your own registered agent, you can designate a friend or family member for this role, you can hire a lawyer or accountant as your agent, or you can hire an online business services company to provide registered agent service.
No matter who you choose to be your registered agent, they need to be physically present at the address provided to the state during all standard business hours. This person or entity does not need to have any prior experience being a registered agent, but it’s wise to choose a registered agent who is familiar with the serious responsibilities that come with this role.
Colorado requires a registered agent to be at least 18 years of age. In addition, Article 7-90-701 of the Colorado Revised Statutes states that a registered agent shall be:
- “An individual who is eighteen years of age or older whose primary residence or usual place of business is in this state, or
- A domestic entity having a usual place of business in this state, or
- A foreign entity authorized to transact business or conduct activities in this state that has a usual place of business in this state.”
For more general information regarding the role of a registered agent with a Colorado LLC, we encourage you to check out our full guide on the topic.
What Is the Procedure for Changing Your LLC Registered Agent in Colorado?
While the role of the registered agent is vitally important for any American business entity, this role can always be changed, and there are different rules for how to change your agent depending on which state your business operates in.
In the state of Colorado, business entities can change their registered agent info by filing a Statement of Change form, or they can indicate this change in their annual reports.
Option 1) Filing a Statement of Change Form
Option 2) Updating the Agent Information In Your Annual Report
All LLCs in Colorado must file a periodic report every year. LLCs are able to change their registered agent information in this report, and there is a $10 fee to file it. Like the Statement of Change form, the periodic report can only be filed online.
Online filings in the state of Colorado are processed in real-time, so your Statement of Change or periodic report filing will be completed immediately upon your submission of the form.
Prefer to Have a Registered Agent Service Handle Your Requirements?
A registered agent service is a company that specializes in being a registered agent for a wide variety of businesses across the country, bringing tons of expertise and a healthy dose of reliability to the role.
Most professional registered agent services operate on a national basis, meaning there’s no restrictions on which states you can operate your business in. They also tend to charge affordable rates, as you can find several registered agent services that charge around $10/month or even less for this service. In addition, most of these companies will also offer to handle the process of changing a registered agent for you.
If you’re interested in this option, we highly recommend Northwest Registered Agent.
The Law for Changing Your LLC Registered Agent in Colorado
It’s always important to be well-informed regarding the specific laws for changing your registered agent. In Colorado, the registered agent laws apply to all business entities, regardless of business structure or domestic/foreign classification.
Specifically, Title 7, Article 90 of the Colorado Statutes says:
- “An entity that maintains a registered agent pursuant to this part 7 may change its registered agent, the registered agent address, or the registered agent name of its registered agent only by stating a different registered agent, different registered agent address, or different registered agent name for its registered agent, as the case may be, in one of the following:
- A statement of change filed pursuant to section 7-90-305.5;
- A periodic report filed pursuant to section 7-90-501; or
- Any form or cover sheet filed by the secretary of state pursuant to part 3 of this article, which form or cover sheet has been prescribed by the secretary of state for effecting such change.”
If you operate a limited liability company in the state of Colorado, you need to designate a registered agent to receive important government document deliveries on your behalf. If you decide at any time that you would rather change your registered agent to a different individual or business entity, it’s important to know what that process looks like.
In Colorado, you can change your LLC’s registered agent by filing a Statement of Change form, or by including the information in your annual report. They’re both simple documents with reasonable filing fees, but if you’d rather have a registered agent service handle this task for you, you certainly have that option.
We hope this article helped you improve your understanding of changing a registered agent in Colorado, and as always we thank you for choosing Registered Agent Ready!