A registered agent is a person or company that receives legal documents and government notices on behalf of a business. They must have a physical address within the state where your business is registered to operate and be available during normal business hours.
A professional registered agent can save your business time and hassle. They’ll accept all official correspondence and give you timely notifications about upcoming compliance deadlines.
Requirements for a registered agent
A registered agent is a person who you designate to receive legal notices on behalf of your business, such as court papers if your company is sued (service of process), government correspondence, and tax notices.
Depending on your state’s requirements, you can choose to appoint yourself or someone else within the company as the registered agent. Some businesses even hire a lawyer to act as the registered agent.
However, this can be time-consuming and difficult for many businesses to maintain. Choosing a professional service will save you from this extra hassle.
A registered agent can also help your business stay on top of compliance with state laws and filing deadlines. They’ll create a compliance calendar to alert you of important government deadlines.
Types of businesses that need a registered agent
A registered agent is a person or company that has been designated by a business to receive service of process (legal documents and government notices). They must have a physical address in the state where the business is located.
There are many reasons why you might need a registered agent. First, they can be a convenient point of contact for important legal paperwork and government correspondence that needs to get to you right away.
Second, they can help you stay on top of important deadlines and keep your business in compliance with state laws.
Having a registered agent can also protect your business from spam and solicitations, since the person's name and address are listed in the state's public records.
Most states allow a business to appoint itself, another person within the company or a third party to serve as its registered agent. But the process is time-consuming and often inconvenient.
How to find a registered agent
One of the first and most important decisions a business owner makes is choosing a registered agent. A registered agent is responsible for receiving legal documents, including lawsuits, subpoenas and government notices that are sent to the company.
A registered agent's job is to accept these documents and forward them to the right person in the business. If an agent fails to do this, the business may lose a lawsuit through default or face court sanctions for ignoring a subpoena.
Many states require businesses to select a registered agent when they incorporate or form. Others require businesses to change their registered agents if they move or leave the business, or if an employee leaves the company.
Professional registered agents are reliable, able to handle time-sensitive documents and are available for any of your needs. A company that offers nationwide service can also save you money by not having to hire a new agent for each state you do business in.
Costs of a registered agent
A registered agent service is an affordable way to ensure that your business receives legal notices in a timely manner. They can help you avoid fines, fees, and penalties that can result from not addressing legal documents or failing to comply with state laws.
Generally, a registered agent fee is less than $99 per year. It may be more if you need services in more than one state.
There are many benefits to having a registered agent, including time savings, legal compliance, and improved privacy. However, you should make sure that the service you choose is right for your business.
The cost of a registered agent depends on the service you choose, and varies from provider to provider. Some companies simply forward legal notices, while others provide more extensive services like reporting and filing deadline notifications.