What is a Registered Agent?
The state where your business is registered wants to understand it has a contact individual for your business in the state during business hours. If you don’t have a physical location in that state, the necessity is particularly immediate that you have a registered agent to accept documents on your behalf. A registered agent is a liable third-party that is located in the same state in which a business entity was established and who is assigned to take service of process notices, communication from the Secretary of State, and other official government notifications, usually tax forms and advice of trials, on behalf of the corporation or LLC.
If you do not have a physical placement in the state in which your business is registered, in most states, you must choose a registered agent to accept papers on your behalf. The state where your business is registered wants to know it has a contact individual for your business during business hours; accordingly, PO boxes are not suitable addresses for registered agents.
A registered agent approves tax and legal documents on behalf of your business, making sure you don’t miss significant information regarding tax charges, lawsuits, or resolutions involving your business; a registered agent may or may not have a role in the processing of the business itself.
In addition to reminding the essential documents, having a registered agent provides that it is less likely that you will have to accept potentially disgraceful legitimate and tax documents in front of customers. Another benefit is that, as your registered agent address will stay the same, you can readily modify your business place without importantly having to file more paperwork to vary your address with the state for every move.