Kiritsis & Associates

 

The dangers of New York allowing for out of state registered agent services.

John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M

 

Kiritsis Law Group  

 

212 922 0005


 

A registered agent, also known as a statutory agent or resident agent, is a person or business entity that is designated to receive legal documents on behalf of a company. These legal documents may include service of process (such as a summons or complaint), tax notices, and other official correspondence. In this article, we will explore the role of a registered agent and the benefits of using a registered agent service.

 

Role of a registered agent

 

A registered agent is responsible for receiving and forwarding legal documents to the company. This may include documents related to lawsuits, tax notices, and other official correspondence. The registered agent is required to be available during regular business hours to receive these documents and must have a physical address in the state where the company is incorporated or registered.

 

Benefits of using a registered agent service

 

There are several benefits to using a registered agent service, rather than serving as the company's own registered agent:

 

• Availability: A registered agent service is available during regular business hours to receive legal documents, whereas the company may not have someone available.

• Professionalism: A registered agent service presents a more professional image for the company and can handle the legal documents in a timely and efficient manner.

• Confidentiality: A registered agent service can provide confidentiality for the company, as the legal documents are received and forwarded to the company in a private manner.

• Compliance: A registered agent service can ensure that the company is in compliance with state laws regarding the appointment of a registered agent.

 

Choosing a registered agent service

 

When choosing a registered agent service, it is important to consider the following factors:

 

• Location: The registered agent service should be located in the state where the company is incorporated or registered.

• Reputation: It is important to choose a reputable registered agent service with a history of providing reliable and professional service.

• Cost: The cost of the registered agent service should be reasonable and competitive.

• Services offered: The registered agent service should offer a range of services, including the ability to receive and forward legal documents, as well as provide compliance support and assistance with annual report filing.

 

In conclusion, a registered agent is a person or business entity designated to receive legal documents on behalf of a company. A registered agent service can offer several benefits, including availability, professionalism, confidentiality, and compliance. When choosing a registered agent service, it is important to consider the location, reputation, cost, and services offered. A registered agent service can provide valuable support and assistance to a company in managing its legal obligations and requirements.


 

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The views expressed by this author are not legally binding or reflective of the author, the author’s firm, the author’s employers, the author’s employees, or any individual and/or organization.

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