New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.


LLC registered agent

Asked by: kam  — 21 March, 2013

Who can be a registered agent? What is registered agent’s duty? Why do we need registered agent? Does register agent have to be an attorney?

Answered by: admin  — 21 March, 2013


Here are the answers to your questions (see below):

Who can be a registered agent and what is registered agent’s duty?
In the US, a registered agent (in some states called “statutory agent” or “resident agent”) is a company or individual designated to receive service of process (SOP) when a business entity is a party in a legal action, e.g. a lawsuit or summons. A registered agent is required for most business entities, the exact requirements do however vary from state to state.

Why do we need registered agent?
If you fail to designate and maintain a registered agent, your company risks loosing its limited liability status and this can lead to a long row of legal ramifications. Your company can be dissolved and any certificates that your company holds may be revoked. The registered agent must have a registered office and be functioning properly. Also, having a poorly functioning registered agent can result in legal claims and other important documents not reaching you, which puts your company at risk for default judgments.

Does register agent have to be an attorney?
Absolutely not, it can be an individual or a company.

Ask Incorporation Question
Please enter your full name
Please enter your email address
Please select your phone number
Please select
Please enter text message
Begin Web-Stat code v 6.0