Do Corporations Require Registered Agents In Every State

The Ins and Outs of Registered Agents: What Yous Need to Know

Whether you know what a registered amanuensis is or not, it is possible that you take been told that yous need one. Every land requires corporations and LLCs to accept a registered amanuensis for a multifariousness of reasons. Agreement the ground for the requirement tin help you amend utilize a registered agent in the correct way.

Tabular array of Contents

What Are Registered Agents?
Why Would Your Concern Need a Registered Agent?
Tin You Be Your Own Registered Amanuensis?
What Tin Happen If You Do Not Maintain a Designated Registered Amanuensis?
In What Kinds of Situations Are They Used?
What Are the Benefits of Having a Registered Agent?
Why Registered Agents Make Sense

What Are Registered Agents?

A registered agent can be either a business or an individual. Certain states accept requirements, though, so yous should check with your local laws to determine whether or not you should use an individual or a business concern. This individual or business is designated to receive whatsoever service of process notices, official government notices including any correspondence from the Secretary of State, tax forms, notices of lawsuits, and other documents for an LLC or corporation.

Why Would Your Business Demand a Registered Agent?

It is a requirement by all states for businesses formed inside that state to take a registered agent. The main reason for this requirement is so that the land volition take an official contact. This contact volition be the person with which the state communicates all important filings to as well as any changes in organization requirements, at the very least. This individual or business is besides responsible for accepting a observe of lawsuit on behalf of the business organisation. Additionally, if you plan on expanding your business to another state, you have to have a registered agent in that state co-ordinate to the legal statutes. As function of this, you will demand to notify the land of who your registered amanuensis is and who they should contact at any time. The state will need to have an actual address of this individual because a P.O. Box accost is non an acceptable address for registered agents.

Can You Be Your Own Registered Agent?

Information technology is typically legal for you to serve as your own registered agent, only you should check with local laws to verify this. Fifty-fifty if information technology is legal, you may not want to practice it that manner. This is because most states have a requirement that in order to be a registered agent, there needs to be someone present during business organization hours. Some states require the amanuensis to take an office or bodily business organization location.

It is commonly advised that you designate a 3rd-party individual or business to accept on this role for your concern. The main reason behind this is that you volition know that no thing where you are, you volition have someone in that location who can have your tax and legal documents on behalf of the company. Even if you lot plan on being there almost of the time, at that place will be occasions where you volition non exist in the state and able to have these documents. By choosing to use a third party, you tin can practise these things freely without worry and you volition never miss an important delivery. There are five main reasons why you lot may not want to act as your ain registered agent:

You volition demand to have a physical accost in the state – If you practise non alive in the state in which you lot do business or have a concrete accost there, yous will not exist qualified to be your own registered agent. Additionally, y'all will need more than a P.O. Box or a individual rented mailbox considering that is not an acceptable address for registered agents. This only complicates things and does not make a lot of sense for your business.
You will need a registered agent in every state in which you foreign register your business organization – If your business is incorporated in multiple states, and then you will need to have a registered agent in each of those states unless you have a physical office there. You lot cannot exist in more than one place at one fourth dimension, which means y'all will demand to have more than one registered agent. This prevents yous from beingness your own registered agent.
You volition take to maintain normal business hours – The registered agent in each state y'all do business organisation will need to exist available during normal business hours to take of import documents at the time they are delivered. If you want to set your own hours, or simply practice not want to be tied to an part all 24-hour interval long, then yous should consider getting a tertiary party to exercise this task for you since it is part of the requirement. Also, depending on your type of business, this may be a skillful idea in the state you are incorporated in, especially if you lot do not have someone who volition exist at an office all mean solar day long.
You will non be able to move hands – If your address is likely to change, this may pose a problem by adding a long and costly step to your moving process. No matter what, your current address has to remain updated at all times in the country records. When y'all do movement, yous will take to consummate a formal state filing, and y'all usually accept to pay a fee. How much you volition pay depends on the state, so you should check the fee schedule within each country yous are doing business organisation. By using a tertiary-political party service, you lot will not have to worry about this because their accost is less likely to change even if yours does every year.
Your address volition be public record – Any registered agent's address is role of the public record, which ways that anyone tin access it if they wish to do so. This may not sound like a big deal until you start getting postal service from unwanted mailing lists, spammers, and even marketers. Equally a result, y'all volition become a lot of unsolicited junk mail for the business, and there is cipher that yous can do near it. If y'all would adopt to keep your personal address or even your business accost confidential, then using a third-political party service is the best selection for yous. This gives you an actress layer of privacy and will prevent yous from having to deal with a lot of junk mail service.

What Can Happen If Y'all Do Not Maintain a Designated Registered Agent?

At the time of formation, at that place must be an agent listed. Yous exercise non desire to let your designation lapse since it is a state requirement to have one at all times. Even so, it is too important to know what tin can happen if you practise not maintain your registered amanuensis. Ane of the biggest things that tin happen is that yous run the risk of losing your "adept standing" condition with the country in which the concern is registered. On its own, that may not seem then scary, simply the things that can come along with it are what makes that such a large deal. When you lot lose your "good standing" status, you lot can face a diverseness of different penalties every bit a outcome. These penalties can include a revocation of your business concern license, hefty fines, losing the power to enter into whatsoever legal contracts, losing the ability to gain admission to the state court system, and more.

Avoid Extra Hassle

When you lot try to reinstate your status, and then you will take to pay for any criminal or civil sanctions earlier you volition be able to do so. This tin be a long and drawn-out process, so you should consider getting a registered agent equally shortly every bit it is required, if not before, and then you can avoid all of this actress hassle and focus on building your concern instead.

In What Kinds of Situations Are They Used?

For the most office, registered agents are used to accept whatsoever legal or tax documents on behalf of the business organisation. The main reason they are used is so that you do non miss any of import mailings or information that may have to do with lawsuits, taxes, judgments, and more. Notwithstanding, registered agents tin also play a role in the operation of your business, although this is not required. If you lot wish to have someone actually be a function of your business organisation and play a more integral role, yous definitely take that option and yous can define how much or how piddling they are involved in everything.

Some other situations y'all can benefit from include information shielding, helping with compliance, and even developing and maintaining all of import documents on your behalf. Keep in mind that at the bones level, a registered agent must perform the duty of accepting important documents for you within that state, fifty-fifty if they practice nix else for yous.

What Are the Benefits of Having a Registered Agent?

Equally you tin probably already tell, one of the biggest benefits of having a registered agent for your concern is that you never accept to worry about missing whatever important documents for your business no matter what is going on. In that location are some other benefits of registered agents, however, that you may non take thought of and that you can take advantage of.

One of the principal advantages is that you volition non be tied to one location forever. Equally the accost of your registered agent volition stay the same, yous will exist able to move your business organization location whenever you need to without having to become through the process of filing paperwork to change your accost.

Some other main benefit of using a registered agent is that you get to take an added layer of privacy for the concern. Whatever registered agent'due south address is function of the public record, and if you have one for your business, this is the address they will find instead of your business address. This is a great selection if you piece of work from domicile or even if you lot simply want to receive less junk mail service for your business. Of grade, you will still be able to exist contacted for all legal matters, simply this simply gets rid of any excess junk post that yous exercise not desire to deal with.

The final main do good is that you will ensure that you have a professional person paradigm at all times, fifty-fifty when you are non at the business location in that country. All of these advantages combined strengthen your business in a multifariousness of ways and tin can help you lot to continue to abound and prosper over time.

Why Registered Agents Brand Sense

At that place are two specific instances where registered agents only create the virtually value to your business organization. The commencement is because time-sensitive documents need immediate attending. If you are decorated running your business, you may non always be available to become these documents and yous may miss a deadline. A registered agent will get them for y'all and then notify you of the borderline that you must run across according to the document. With a reliable person doing this for y'all, you lot can stay on tiptop of these time-sensitive items.

The 2d way is because your business organization image is important and needs to be protected. When yous cull to register your business, yous are choosing to legitimize information technology. By doing this, you need to accept a registered amanuensis who tin help yous maintain your professional image fifty-fifty while you are running around taking care of the business organisation. This allows you to stay on top of legal matters and also provide better service to your customers at the same time. With a registered amanuensis, yous are able to do more and do it amend for all of your customers and clients.

Prepare to Get Started? Create your business documents and apply our registered amanuensis service now.