As you start a company, you need a recognized agent that will be know by the state. This agent will be responsible for handling several documents, lawsuits and other important duties on behalf of your corporation. The agent must be in possession of a name and address that will be used to refer to the agent who can be an individual or company.
Your agent can be very important in receiving alerts from people or other entities who have lawsuits against your corporation. This is important because it would make business aware and ready for the lawsuit. This can happen in different ways depending on where you are and the policy in that state. This explains why you need a registered agent who will ensure your documents and lawsuits are well handled and in time. The agent can also receive other important documents such as tax notices and the agent is obligated to hand over the documents to the person in charge of such documents in the company. The agent operates in places where they and the corporation are registered and licensed to operate.
Your corporation needs to have a registered agent that can operate in every state that your corporation can operate. There is need to have a physical address within their state of operation where the agent can be found if need be. The registered agent must be available whenever needed be it normal hours of operation or even after office hours. Hire an agent who is an adult or a company with professionals who understand the work of a registered agent. You can have one of your employees work as a registered agent in case you do not have one.
You can be more comfortable having one of your employees as a registered agent for you because you would trust them more. Some of the shortcomings it may have may include having your lawsuits served to you in front of everyone. You may be required to renew your documentation with the state in case the agent no longer works for you or changes their places of residence. Following the sensitivity of what they do, you need to have your corporation be extra careful in making a choice on that. Hire an agent that can operate in multiple states in case you want to expand your cooperation’s operations to such states as you can view here for more information.
Since lawsuits and other important documents attract serious consequences if not acted upon in time, you need a trustable agent that will ensure this happens in time to avoid such consequences.