These companies specialize in the business formation process and will offer registered agent services to LLCs, corporations, and other business entities that are required to have a registered agent.
They can add value to startups by providing online access to
service of process and providing tools to assist with the ongoing compliance
requirements LLCs and corporations face with prices ranging from approximately
$40 a year to $300 or more.
Consider the following guidelines when choosing a registered
agent service:
- Always be available during business hours to ensure that they’re able to receive important, hand-delivered documents.
- Make sure the staff are professionally trained experts who can also properly handle all service of process papers.
- Be able to deliver crucial documents to you as needed.
- Be located with a physical office address in the states in which you currently operate and plan to do business.
If you need to register your company in multiple states,
then you should look at national registered agent services.
If you only do business in one or two states, then you
should look at less expensive agent services within those states.
Determine how much mail you think you will receive. Expect
to receive extra marketing mail in the beginning if starting a new business.
Existing small businesses normally do not receive much mail unless doing
something out of the ordinary.
Check if your annual fee includes free mail forwarding. Some
agents offer unlimited First-Class Mail forwarding (and probably charge $150 or
more), while others include very limited mail forwarding for free. Some agents
may charge you on a per-use basis. Make sure to find out how much it costs to
forward the mail.
Some agent services allow you to use their address as your
business address, while others may not. Get more information if this is a
requirement.
Key Points to Remember
For LLCs and corporations, a registered agent service is
essential to maintaining good standing and keep your business running without
encountering compliance issues.
Compliance requirements can be both time and labor intensive, often requiring the completion of lengthy and sometimes confusing forms using information from various sources. By using a registered agent service for your business, you will be confident that you can avoid risk of non-compliance so you can avoid penalties and fees by the state as well as save time to run your business.
A registered agent service also provides many benefits of
privacy, convenience, and staying on top of all legal and government
documentation in a timely manner for your business.
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