Connect with us

Business

What to Consider When Choosing a Registered Agent

James Smith

Published

on

Registered Agent

Once you’ve formed a business, you are usually asked to appoint a registered agent. This person is basically somebody who can receive legal papers on behalf of your business. A registered agent is an important part of your business, and it will have to be someone you can trust to receive official letters and pass them on to you.

So how do you decide on a registered agent? This article will give some tips on how to choose a registered agent.

Documents Received by Registered Agents

More specifically, these are the documents that a registered agent will have the responsibility of receiving:

  • Documents regarding lawsuits or court summons
  • Mail sent by the state, which includes annual reports
  • Tax documents

Who Can Become a Registered Agent?

While there are requirements to meet, almost anyone can become a registered agent. An individual can become an agent if they:

  • Have a street address in the state (not just a delivery address or a P.O. box, but a physical address)
  • Are at least 18 years old
  • Are available during normal working hours throughout the week, at the listed address

Even employees or owners of the company can become a registered agent.

How to Choose a Registered Agent

What should you look for when choosing a registered agent? Here are a few things you can consider when deciding on someone:

  • They need to be generally available during business hours throughout the week. This ensures that they can pass you the documents quickly.
  • They have a basic understanding of the rules and regulations regarding your business operations.
  • If you may look to expand your services beyond the state, you can look for someone who has physical addresses in different states so that you only need one registered agent.
  • They have the necessary resources to guarantee the prompt delivery of the documents
  • They need to know the necessary procedures to properly deal with certain documents such as court summons or subpoenas

Read Also: Business Ownership 101: How to Hire a Lawyer for Business Startup

It is ultimately important that you choose an agent who you know will be able to pass those documents to you, come rain or shine. You will have to consider aspects such as if they take vacations often, or travel often, and how responsive they are when you call them.

This is necessary especially in cases where you have an important notice from the state, or when you have a lawsuit. In the event of a filed legal claim, time is of the essence, and if you don’t receive the document in a timely manner, you won’t be adequately prepared to defend yourself in court.

If you don’t have anyone as dependable in your company or personal life, you can approach companies that provide registered agents, and find out why they can give you peace of mind when dealing with your documents.

Choosing a Registered Agent

Overall, the role of a registered agent may seem minimal, but it’s crucial to get right. If they are not present when you need them most, this can spell out a disaster for your company.

Did you find this article helpful? Check out the rest of our Business section.

James Smith is the writer for Munchkin Press. He is a young American writer from California and is currently traveling around the world. He has a passion for helping people and motivates others.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *