![]() Sensitive matters, like lawsuits, are embarrassing to receive. Guess what happens if an entrepreneur decides to act as their own registered agent? Unwelcome guests could arrive to the physical address they provided and publicly serve them with legal paperwork. A third party registered agent will also keep you up to date on what the state needs from you in the near future, too. This gives you more time to meet deadlines and allow your small business to remain in compliance with the state. They will deliver high-priority paperwork quickly, ensuring nothing is accidentally forgotten or lost. As the gatekeeper between your business and the state, an RA also understands which pieces of mail to prioritize in terms of time sensitivity. A registered agent will be able to organize and separate junk mail from important notices from the state before delivering the documents to you. Some of these documents include time-sensitive items likeĪnnual report notices while others may just be junk mail.Įntrepreneurs don’t need to worry about sitting down and sorting through these documents on their own. Registered Agents Are OrganizedĪ startup receives a lot of paperwork in its earlyĭays in business. They will be ready and available to receive service of process, providing peace of mind for entrepreneurs with busy schedules. If you worry that may happen, name a third party registered agent service. Small business owners may not always be able to guarantee that they will be in the office and accept paperwork. ![]() Timing is often is why many entrepreneurs designate a third party as their registered agent. These hours, and days, are typically 8 AM to 5 PM on Monday RegisteredĪgents must also be available to accept service of process between generalīusiness hours. However, if you do have a physical street address and areĪ resident of the state then you fulfill the location requirements for an RA. If you are notĪ resident and do not have a physical address in that state, then you cannot be Boxes are not accepted as a street address.) They must also beĪ resident of the state in which business is conducted as well. An RA must have a physical street address in the state of the company’sįormation. Registered agents must meet certain requirements before When is it a good idea to work alongside a third party registered agent, and why do you need this service? Let’s take a look at the benefits that come with appointing a third party RA for your business. Some entrepreneurs choose to act as their own RA, while others turn to a third party service for assistance. Upon receiving this paperwork, the RA will organize the documents and pass everything along to the business owner. Documents may include franchise tax forms and renewal reminders. An RA receives paperwork on behalf of the business from county and state agencies. Essentially, registered agents become the point of contact for the business. Most states require that the business designates a registered agent to remain in compliance.Ī registered agent, often abbreviated as RA, is an individual or entity that receives service of process. Once a business is formed on the state level and incorporated as an LLC or corporation, it is given a right to due process. Entrepreneurs have a choice when designating their registered agent. ![]()
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