Some forms of business are required by law to have a registered agent service. These include limited liability companies (LLCs), corporations, and limited partnerships. The business pioneers must provide their registered agent’s name and their address on the documents they file with the relevant state department.
However, a business may choose to act as its registered agent. It would be best if a company avoided being its agent and hired one. If you are looking for a reliable agent, check here some of the top registered agent services for you, and you can select the one which matches your needs and budget.
Below are some of the reasons businesses need registered business agent services:
To Maintain Privacy
The company enjoys one significant advantage by having a registered agent in that they use the agent’s address on the government’s website and other documents in the public domain. If your business is home-based, the use of the company registered agent’s address helps protect the business owners’ home addresses and personal contact information because they would have to be in public in the absence of an agent. The process servers would also deliver notifications to the business owner’s house.
To Avoid the Risk of Non-Compliance
You may be overwhelmed when forming a business if you are not well-acquainted with the entire process and even risk penalties for non-compliance. To be compliant, you have to beat deadlines and submit all the necessary documents. At times those documents could be many-pages that you need to complete with information from multiple sources. The good news is that you can avoid all that paperwork by hiring a registered agent service who will also help you comply and avoid state penalties. The agent will also help your business stay in good books with the government departments from the formation stage.
To Help If You Don’t Operate Normal Business Hours
If businesses do not operate regular business hours, have no permanent offices, or owners travel a lot, hiring a registered business agent would be the best option. This will ensure all business documents get to the business and the owners in good time. The agents have to be operational during regular working hours to accept crucial business documents. As such, working with an agent can ensure your business never misses any document or communication even when not open.
To Cut Employees Costs
Small businesses would need the management or owners to stay in the office to accept the service of process or hire an hourly employee to remain in the office. However, with a registered agent service, they can save on labor costs.