As you decide to start a company or corporation, you need to choose a registered agent that will be recognized by the state. The work of such an agent is to handle your corporation’s lawsuit and other important documents. The agent must be in possession of a name and address that will be used to refer to the agent who can be an individual or company.
Your agent can be very important in receiving alerts from people or other entities who have lawsuits against your corporation. This is important because it would make business aware and ready for the lawsuit. The place and the policy of your current place determines how the whole thing plays out. For that reason, you should have your registered agent to handle all your company’s lawsuits and other crucial documents on your corporation’s behalf. The agent can also receive other important documents such as tax notices and the agent is obligated to hand over the documents to the person in charge of such documents in the company. You need such an agent in all states where your corporation is set to operate from.
Each state may have different requirements for a registered agent and hence there is need to have each agent be registered to operate in their state of operation. A physical address is crucial for your registered agent to ensure that your agent is traceable whenever necessary. The registered agent should be available in office during normal hours or even after hours whenever needed. Hire an agent who is an adult or a company with professionals who understand the work of a registered agent. You can have one of your employees work as a registered agent in case you do not have one.
Having your employee at the corporation be your registered agent can be advantageous because your documents would be safer with them. Some of the shortcomings it may have may include having your lawsuits served to you in front of everyone. You may be required to renew your documentation with the state in case the agent no longer works for you or changes their places of residence. Since the work a registered agent does is very important, you need to be careful and keen when making a choice. Hire an agent that can operate in multiple states in case you want to expand your cooperation’s operations to such states as you can view here for more information.
You need to hire a company that can be trusted and reliable to hand over your documents in time to avoid delays that may attract penalties such as in lawsuits and this is why you need to find a registered agent who is more familiar with llc formation.