Registered agents receive important tax and legal letters and packages for their clients. These packages may arrive from many sources including the state and include annual statements, tax documents or litigation notices which inform you of legal suits.
Registered agents must have a physical location, such as a street address, in the state where your business is formed. They must also be open from 9:00am to 5:00pm or similar hours of business. They may not use any type of post office box or rented mailbox for their address as a registered agent. Their address is considered a public record which means everyone may access it. Some states don’t require legal addresses for all companies to accompany the formation documentation or other filing documents. In this case the address of the registered agent will be the only one filed with the state.
States do allow individuals to perform the service of a registered agent for businesses. If you have a street address in the same state where the formation of your business takes place, you can become its agent. You may not name your corporation as its own agent. For a corporation to perform the service of registered agent, it has to get approval from the state of location.
Occasionally it is in the company’s best interest to obtain the services of a professionally established registered agent service provider. Keep the following instances in mind as you consider who can best serve your corporation as its registered agent.
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