How to Change a Registered Agent in Colorado?

In Colorado, like in almost all the other states, you need a registered agent to receive the various official documents, tax forms, and even summons that may be sent to your corporation. It’s a crucial job, which is why it’s mandatory in most states. You can’t start and run a business in Colorado without a registered agent.

Who Can Be a Registered Agent in Colorado?

Before you replace your current agent, you need to think about the replacement so you enjoy a smooth transition. For the agent you need, several requirements must be met. First of all, they can be any of the following:

  • An individual adult (at least 18 years old) who is a resident of Colorado
  • A business entity (such as a professional registered agent service) based in Colorado
  • A foreign registered agent business entity that’s authorized to do business in Colorado

Whether it’s an individual or a business entity, the agent must also have a Colorado street address. This means a physical location, in which there will always be someone to receive the official documents for your corporation during business hours. It can’t be just a P.O. box.

Steps to Change Registered Agent

Changing a registered agent in the State of Colorado can be done in one of these 3 ways: by submitting a Change Statement, by submitting a Correction Statement (in a case where your original document was incorrect), or by revising your periodic reports (during periods when reports are made). You can look at the Secretary of the State of Colorado FAQ webpage for more information.

To change your registered agent in the State of Colorado, the easiest method is to file for a Change Statement for changing registered agent which can be completed online. The new registered agent you’re employing will need to give consent, you’ll be required to tick a box next to the Change Statement as a confirmation of their consent.

There are times when you may be employing a new registered agent close to the Periodic reporting time, as the State of Colorado requires LLCs to submit yearly periodic reports during the yearly quarter the LLC was formed. For example, if your LLC was established in the month of March, your periodic report period will fall from January to March. You can find more details about periodic reports in the State of Colorado at this link. If you’re changing your Registered agent during this period, you can simply revise the information of your registered agent in the periodic report.

In a situation where you included a wrong detail about your registered agent in the Articles of Organization or the periodic report, you can simply apply for the Correction Statement for Correcting the details of Registered Agents to correct the mistake.

You’ll be required to make a payment of 10 dollars through Credit Card when you file for any of the documents needed to change the registered agent of a business in the State of Colorado.

Info to Put In

You will be required to enter the following information:

  • The name of your LLC, exactly as it appears on the file submitted to the Colorado Secretary of State. That means including the ending part of the name, such as XYZ, LLC or XYZ, a Limited Liability Company.
  • The name and complete business or residential address of your previous registered agent.
  • The name and complete business or residential address of your new registered agent.

The Secretary of the State of Colorado has made a comprehensive guide on how to fill the form online.

Submission Options

You can only submit the documents you file to change your registered agent in the State of Colorado online.

Should You Hire a Professional?

This will actually be a lot easier if you’re planning on sifting to a professional registered agent service. The best ones offer exemplary service at extremely reasonable rates. Often, you’re able to download the needed forms with pre-filled information about the service to save time and effort. Northwest Registered agent is one of the most popular companies for this job.

With professionals, you know for sure the job gets done right. They usually have online storage for all the official documents. When they receive the documents for the corporation, the service will immediately scan them so they can send you the digital copies right away. The documents will also be conveniently stored in the same online location as your other business documents, like your formation documents.

Professionals may even maintain a compliance calendar, warning you way ahead of time when you should file a report or comply with some requirement with a deadline. That means you virtually eliminate the risk that you’ll fail to comply with any sort of compliance requirement. Such a failure may lead to fines and penalties, and perhaps even to the dissolution of your corporation. Reinstating your LLC can be a huge hassle, and it’s like starting the formation process for your LLC all over again.

So, if you’re going to change your registered agent in Colorado, you may as well do yourself a favor and switch to a good registered agent service. With the benefits you get with the low costs, you’re able to focus more on growing your business instead.

ImageProductFeaturesPrice
Northwest Registered Agent

Northwest Registered Agent

Pricing: $125/year

Who Should Use It: 

If you are willing to pay a little more for top-notch customer support and want to combine virtual office and mail forwarding services with registered agent service.

Pros

  • Top-notch customer service. Great Phone Support. 
  • Focus on Privacy.
  • Documents are scanned on the same day they are received. Mail forwarding is also available.
  • Money back refund possible within 90 days
  • No hidden charges. They handle all fees associated with the change in RA (good if you plan to change your registered agent).

Cons

  • Not the cheapest. Zenbusiness is slightly cheaper.
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ZenBusiness

ZenBusiness

Pricing: $99/year

Who Should Use It: If you need a basic reliable registered agent service at a great price, ZenBusiness is a good choice.

Pros:

  • Affordable pricing. Plans start from $99/year. Offers free registered agent service with its incorporation service
  • Convenient online dashboard for documents
  • Offers business formation services
  • It is a public benefit corporation.
  • BBB accredited (A-) and positive word of mouth on internet communities.

Cons:

  • Does not forward mails.
  • No pro-rated refunds.
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Incfile

Incfile

Pricing: $119/year. Free for the first year if you use their incorporation service.

Who Should Use It: If your objective is to minimize the startup costs in the first year, Incfile is a decent choice.

Pros:

  • Automatic mail forwarding service. Email and SMS notifications
  • Free for the first year if you also incorporate your business with Incfile.
  • It will cost you $119/year as a standalone service.

Cons

  • Customer reviews and word of mouth is mixed. Many customers complain about slow TAT and long waiting time for customer support.
  • Lots of upsells. You may just choose to ignore it.
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LegalZoom

LegalZoom

Pricing: $299/year

  • One of the oldest brands with a high number of customers.
  • 60 days money-back guarantee. 
  • The price is very high as they charge $299/year for standalone registered agent service.
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Harbor Compliance

Harbor Compliance

Pricing: $99/year. It is reduced to $89/year if you opt for a 3+ years package.

Who Should Use It: If you are looking for reliable registered agent services that help track regulatory requirements and promptly notify about lawsuits, Harbor Compliance is a good choice.

Pros:

  • Affordable pricing and no hidden fees. Price starts from $99 a year. Multiyear discounts.
  • Annual reports notification.
  • Same-day document scanning and delivery.
  • You get phone notifications of lawsuits. Other companies generally notify via email.

Cons:

  • No refund if you cancel the service.
  • They do not offer physical delivery of mail

 

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Rocket Lawyer

Rocket Lawyer

Pricing: $150/year

Who Should Use It: Medium-sized or Start-up Business owners who want to take advantage of Rocket Lawyer’s legal subscription services and don’t mind paying to pay a little extra to get their legal needs fulfilled in one place. 

Pros

  • Support from legal experts. You can avail all kinds of legal services in one place.
  • Prompt customer service and Money-back guarantee
  • You do not get free registered agent service with the business formation.
  • Good customer support. Good reputation among users.

Cons

  • Price is on the higher side.
  • No pro-rated or full refund option even if you cancel.
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