At Charles Bean & Associates, We Can Help.
When you are starting your business, you have to do a lot of activities, such as marketing your business, scheduling tasks, analyzing your financial data, and filing tax returns. Given all these activities, it's hard to get all your paperwork filed correctly and on time. That's when a registered agent comes in handy.
If your business is a corporation, partnership, or LLC, you'll need a registered agent. The registered agent is your point of contact for any legal correspondence your business may face.
So who is a registered agent? A registered agent is an entity that receives legal documents on behalf of your business. For instance, if your former employee sues your business, you'll know about it through the registered agent.
Now that you know what a registered agent is, the next question is, who can serve as your registered agent? Here are the requirements a registered agent must meet:
In as much as you can choose anyone, including yourself or your spouse, to be your registered agent, it's not always advisable. Hiring an experienced business attorney to serve as your registered agent is convenient since they are able to also handle your business entity formation and contract negotiations.
The best choice is to hire someone with years of experience in being a registered agent. Every state needs limited liability companies to provide the address of their registered agent. Such an agent will be dedicated to their work and also be available during business hours.
A registered agent accepts legal and tax documents for your business. The agent also ensures that you do not miss any judgment, lawsuits, or tax payments involving your business.
There are a few things you should consider when choosing a registered agent. Here are the major requirements: