There are many people today who often dream of starting and owning a successful enterprise. The prospects of being a self-employed entrepreneur can be very fulfilling. But this does not so often come easy. You will have to fulfill a lot of requirements from your state. One among the many requirements is having a statutory representative. This may compel you to hire Registered Agent Services to fulfill that need.
In the event that your state does not have a resident representative as a mandatory requirement, you should still make certain to have one. You may want to overlook this as a minor requirement in setting up your business. But in actual sense, they have a crucial role to play in your LLC. To understand more about the service you can get from an RA, continue reading below.
To begin with, the RA is a third party, usually living in the same state where your business is based. This service will facilitate receipt of service of process notices. Apart from that, they will accept communication from the Secretary of State. When the government has official notifications for your company like tax forms and lawsuit notices, they will receive them on behalf of the business.
If you were just about to ask why you would want to hire such a service, it helps to know that your state needs to be certain that their communications to your company will be received by a specific contact person at all times. This is why you cannot consider having a post office box as a statutory representative. It does not give any assurances to the state.
With the advancements in information technology, sometimes a business may not have a physical location in the state they are licensed to operate. Probably they just operate as an e-commerce product. This makes it more urgent that you get a representative for service of process to be accepting any documents in your place. It is the only way such correspondences will reach you even without a physical office.
At the same time as the law permits you to be the statutory representative for your limited liability company; you may want to avoid such a move. The essential role of accepting legal documents and tax forms should be designated to someone else to give you the freedom to focus on expanding the business. Besides, you may also want to leave for personal reasons like take your family for vacation.
Having to fret about missing crucial business deliveries is not the only reason to make you have a designated representative for service of process. The other advantage is that it can save you from the awkward moments of receiving possibly humiliating tax and legal notices before your clients. This can really work against your business image and will cost to repair.
One of the conditions for someone or an agency accepting to be your RA is that they have to maintain their address. If they have to change their address, they will file paperwork to be submitted to the state so that they are aware of the new address to deliver those notices. You do not want to find yourself in that situation.
In the event that your state does not have a resident representative as a mandatory requirement, you should still make certain to have one. You may want to overlook this as a minor requirement in setting up your business. But in actual sense, they have a crucial role to play in your LLC. To understand more about the service you can get from an RA, continue reading below.
To begin with, the RA is a third party, usually living in the same state where your business is based. This service will facilitate receipt of service of process notices. Apart from that, they will accept communication from the Secretary of State. When the government has official notifications for your company like tax forms and lawsuit notices, they will receive them on behalf of the business.
If you were just about to ask why you would want to hire such a service, it helps to know that your state needs to be certain that their communications to your company will be received by a specific contact person at all times. This is why you cannot consider having a post office box as a statutory representative. It does not give any assurances to the state.
With the advancements in information technology, sometimes a business may not have a physical location in the state they are licensed to operate. Probably they just operate as an e-commerce product. This makes it more urgent that you get a representative for service of process to be accepting any documents in your place. It is the only way such correspondences will reach you even without a physical office.
At the same time as the law permits you to be the statutory representative for your limited liability company; you may want to avoid such a move. The essential role of accepting legal documents and tax forms should be designated to someone else to give you the freedom to focus on expanding the business. Besides, you may also want to leave for personal reasons like take your family for vacation.
Having to fret about missing crucial business deliveries is not the only reason to make you have a designated representative for service of process. The other advantage is that it can save you from the awkward moments of receiving possibly humiliating tax and legal notices before your clients. This can really work against your business image and will cost to repair.
One of the conditions for someone or an agency accepting to be your RA is that they have to maintain their address. If they have to change their address, they will file paperwork to be submitted to the state so that they are aware of the new address to deliver those notices. You do not want to find yourself in that situation.
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You can get a detailed list of the factors to keep in mind when picking a provider of registered agent services at http://www.nevadadiscountregisteredagent.com right now.
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