Starting a small business involves tending to hundreds of details.You will need the help of several professionals in order to get all your legal paperwork filed and taxes and insurance forms completed properly. Most states require that business owners use registered agent services. Even if you are a business owner living in a state without this requirement, you should seriously considering employing one of these agents.
Registered agents are companies or individuals you have designated as your representative to receive certain communications and documents from government entities, and official notifications from the IRS and attorneys. They do this on your behalf. Agents must be located in the state where the business is registered.
States consider these agents their official contacts for individual businesses. If you own a business with satellite offices in several states, it is especially important for you to have this kind of representation. Failing to name a representative, could mean facing serious consequences.
Business owners hire third party representatives to accept important official documents and notices for them. The agents are located in the state where the business is registered. Official representatives are authorized to receive notifications such as process notices, tax forms, communications from the Secretary of State and various government entities, and information notifying businesses of pending lawsuits.
It's important to states that they be able to reach owners of businesses at all times. That's why the majority of them require businesses to have official contacts. If you don't actually do business in the state where your company originated, the contact is even more important. Agents are required to have physical addresses. Post office box addresses are not acceptable to states.
You should consider your representative more than a convenience for the state. He also plays an important part in the success of your business. When you have satellite offices, you could miss important legal and tax notices, and fail to respond in a timely manner. You certainly don't want a notification that you are being sued to go unanswered because you didn't get the information until a deadline had passed.
Some owners want to be their own agents, and it's usually permissible to do so. The downside is that you've got to be available at all times to receive official documents. That means you have to make arrangements just to leave the office for the day, to go on vacation, or stay at home because of an illness. The convenience of having a third party representative almost always outweighs the cost involved.
If you don't want a sheriff in your office delivering notice of a tax audit or pending lawsuit, hiring one of these agents is a good choice. Having an official representative also makes a business location move much easier. If you don't have a representative you might be subject to fines, revocation of your license, and loss of the ability to use the court system.
Registered agents are companies or individuals you have designated as your representative to receive certain communications and documents from government entities, and official notifications from the IRS and attorneys. They do this on your behalf. Agents must be located in the state where the business is registered.
States consider these agents their official contacts for individual businesses. If you own a business with satellite offices in several states, it is especially important for you to have this kind of representation. Failing to name a representative, could mean facing serious consequences.
Business owners hire third party representatives to accept important official documents and notices for them. The agents are located in the state where the business is registered. Official representatives are authorized to receive notifications such as process notices, tax forms, communications from the Secretary of State and various government entities, and information notifying businesses of pending lawsuits.
It's important to states that they be able to reach owners of businesses at all times. That's why the majority of them require businesses to have official contacts. If you don't actually do business in the state where your company originated, the contact is even more important. Agents are required to have physical addresses. Post office box addresses are not acceptable to states.
You should consider your representative more than a convenience for the state. He also plays an important part in the success of your business. When you have satellite offices, you could miss important legal and tax notices, and fail to respond in a timely manner. You certainly don't want a notification that you are being sued to go unanswered because you didn't get the information until a deadline had passed.
Some owners want to be their own agents, and it's usually permissible to do so. The downside is that you've got to be available at all times to receive official documents. That means you have to make arrangements just to leave the office for the day, to go on vacation, or stay at home because of an illness. The convenience of having a third party representative almost always outweighs the cost involved.
If you don't want a sheriff in your office delivering notice of a tax audit or pending lawsuit, hiring one of these agents is a good choice. Having an official representative also makes a business location move much easier. If you don't have a representative you might be subject to fines, revocation of your license, and loss of the ability to use the court system.
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