Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Registered agent

0
Posted

Registered agent

0

All states require that your corporation maintain a registered agent. A registered agent is simply a person that is designated to receive documentation (mail or service of process for example) on behalf of the corporation. Quite frequently you can act as your own registered agent if you reside within the state of the incorporation. To reduce incorporation costs many of customers prefer to act as registered agent for the corporation being formed. However, we can gladly assist you with registered agent services if you so desire, such as in the case where there is no physical address in the state of incorporation.

0

In the United States, a registered agent is a business or individual designated to receive service of process (SOP) when a business entity is a party in a legal action such as a lawsuit or summons.[1] In some states the function is also referred to as a resident agent or statutory agent, however most states have changed their statutes and now call this function “registered agent.” The Registered agent for a business entity can be an individual or more often a third party such as the organization’s lawyer or a service company. Failure to properly maintain a registered agent can affect a company negatively.[1] Most businesses are not individuals but instead business entities such as corporations or Limited Liability Companies (LLCs). This is because there are substantive liability protections as well as tax advantages to being “incorporated” as opposed to being “self-employed”.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.