If you’re starting a new business and have begun researching LLCs and other business structures, you might be wondering: do I need a registered agent? The answer is yes. You are legally required to list a registered agent as part of your LLC or corporation.
Why Your Business Needs A Registered Agent
When you structure a limited liability company (LLC) or corporation, you’re required to list a registered agent. A registered agent is an individual or entity you have appointed to deal with the essential government, tax and legal correspondence about your business. The foremost reason for a registered agent is to ensure your business receives integral and time-sensitive information.
Without a registered agent, essential correspondence can be misplaced in the shuffle of your other business mail, causing you to omit closing dates and go through felony and financial consequences.
You can list yourself as a registered agent for your business, however, this can pose some issues if you do not work from one bodily vicinity or are now not current at the physical area you listing at some stage in regular business hours. Alternatively, you can hire a registered agent carrier for an annual price which could remedy many of the problems listing yourself pose.
5 Reasons You Might Need to Use a Registered Agent Service
- Official Mail Duties
It can be a burden to sift via junk mail and urgent documentation you want for your company, and many people select to outsource this mission to a service they can have faith to deal with reputable correspondence. When you employ a registered agent service, you ensure that all essential documentation gets treated and relayed to you on time.
- You Want to Keep Your Personal Address Private
When you list yourself as a registered agent for your business, you threaten to expose your non-public information to public records, specifically, if you work from a domestic office.. Hiring a registered agent permits you to keep a barrier of privacy.
- You Want to Keep Legal Matters Confidential
In some states, legal notices are delivered in man or woman by means of a law enforcement officer or system server. If your business is worried about a legal motion and you’re the registered agent, you may be served with legal archives in front of clients and employees. This can be embarrassing and reason undesirable gossip and speculation. A registered agent service ensures you’ll by no means be placed in this position.
- You Aren’t in the Office During Normal Business Hours
If you work nontraditional hours, don’t live or work in a fixed location, are out of the office frequently, have an unpredictable schedule, or aren’t sure you’ll usually be existing in your very own location f for the duration of the workweek, a registered agent carrier can be the answer you’re searching for. These services cost an annual fee, normally between $50 and $300. This way, you’ll make certain all vital documentation about your corporation receives relayed to you in a timely manner.
- You Want to Expand Your Business to the Other States
You–or any different person– can only act as a registered agent for your business in the country of the place you live. If you want to increase your agency to any other state, you’ll need a registered agent that lives in that kingdom or is approved to do business there. A registered agent provider can be a true solution.
