Besides just receiving your business’s official mail, registered agents help you maintain corporate compliance by regularly informing you of legal notices or sending timely reminders for annual report filing.
A registered agent is a business or individual who takes responsibility for legal documents for your company. Registered agents are also referred to as statutory agents and resident agents. Most states have made it mandatory for entrepreneurs to have LLC registered agents while forming an LLC. Simply put, once hired, our registered agents will receive government correspondence, service of process, and compliance documents for your organization.
Registered agents may be referred to as something else in your state. Some of their alternative names include:
Registered agents offer peace of mind for entrepreneurs and business owners so they can focus their time, attention, and energy on running their business. Of course, the majority of the states have made it compulsory for business entities to hire registered agents. These entities include:
All these business entities, regardless of where they are registered, are required to have a registered agent.
When searching for registered agents, keep in mind that your division of corporations and secretary of state has specific requirements for the professionals you hire. These include:
Failing to hire registered agents after forming a business could have severe consequences. This includes:
Not hiring a registered agent could lead to a business losing its good standing status. This also means that you risk losing the ability to use your brand name to conduct business in the state.
As a result of losing your business’s good standing status, your competitors will be able to acquire your company’s name. Therefore, even if you are able to implement corrective measures to refile, your business name may already be taken.
Since a registered agent is hired to prove to the state that you run a legal business, you might lose your current status as a legal business.
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REGISTER LLC TODAYNow that you know all the basics, this FAQ section will help extinguish your doubts about hiring a registered agent for your business.
It doesn’t matter when you hire a registered agent because you will inevitably need one. The state where your business is registered must have the address of your registered agent on record. Also, if you plan to grow into another state, you will need an agent there. Ideally, the same registered agent services should handle the legalities of each state you operate in.
Yes, you have the option to list yourself or any other individual as a registered agent if they have a physical address in your state. However, it will be your responsibility to research and implement all the duties of a registered agent and also to list yourself in the state’s records in a timely manner.
There are 4 main reasons as to why you should hire registered commercial agents: 1. They receive all your legal documents and reliably notify you about them 2. They keep your personal information and addresses private 3. They never miss out on delivering important documents, even if you are on vacation 4. They make sure you stay compliant and that your business fulfills state’s requirements
A registered agent accepts and signs legal documents on behalf of your business. Our registered agents go the extra mile by scanning and sending them to your online account on the same day and notifying you about timely deliveries.
They are one and the same. You see, different states refer to resident agents by different names. For example, Pennsylvanians call them Certified Registered Officer Providers. In other states, they are called statutory agents, resident agents, and many other names all over the world.
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