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The Responsibilities of a Registered Agent

Naming your registered agent is a requirement for incorporating any business. However, it is also a part of the business formation process that many entrepreneurs are completely unaware of. This article is designed to help you understand the role and responsibilities of a registered agent.

A registered agent's primary role is to receive any formal correspondence between government agencies and your business. These communications are typically sent through the mail but may also come by fax or email.

There are specific requirements and responsibilities that a registered agent must fulfill:

  • Responsibilities - The registered agent must be available during normal business hours (Monday - Friday, 9am - 5pm) at the specific address that was provided to the state to receive any communications between government agencies and your business.
  • Personal Requirements - Your company cannot serve as its own registered agent. However, the registered agent may be an individual or a company that actually offers registered agent services. It is important to keep in mind that your registered agent information will become part of the public record that is established during the corporate filing process.
  • Location Requirements - A registered agent must be located within your chosen state of incorporation. You must also secure the services of a registered agent in any state in which your company foreign qualifies. Your registered agent's address must be a physical address, not a P.O. Box or leased mailbox service.

Hiring an Outside Professional as Your Registered Agent

Due to the requirement that a registered agent be consistently available during business hours, it can often be difficult for small businesses to dedicate an in-house individual to the position. Add in the fact that this agent will be in charge of handling your most sensitive company documents and it becomes very clear that the selection of your agent must be made only after careful consideration.

For many businesses, the answer to the registered agent requirement is found outside of their own staff. Hiring a professional registered agent service ensures that important documents will be received and forwarded to you in a fast and efficient manner. These services also log all received documents and have experience making sure that the communication process between your business and the state is as streamlined as possible. Use of a registered agent service may be the most cost effective and reliable way to meet your company's registered agent requirements.

Regardless of the state in which your business is located, Enbanc Filings offers registered agent services that will carefully monitor your company's communication with government agencies. The main goal of this service is to provide organizations of all types and sizes an affordable solution that will make sure they remain compliant with all registered agent requirements and in a manner that protects that privacy of the company's owners. Visit ourRegistered Agent Servicesfor information on ordering Enbanc Registered Agent Services.

At the local level, the required licenses can vary greatly. They can be required at both the county and municipality level. These types of licenses typically include local tax licenses as well as a standard general business license.

Permits

Permits are different from licenses in that they signify your organization's compliance with a specific local ordinance. Their purpose is to ensure that your business is operating safely and in accordance with community appearance bylaws. Common forms of permits are local health department permits, signage permits, and fire department safety permits.

Zoning Laws

Some businesses are also subject to zoning restrictions that are designed to restrict specific types of organizations from operating in certain areas. Zoning problems are typically only an issue for businesses such as liquor and tobacco shops, firearm dealers, nightclubs, and home-based companies. The reason for these permits is to restrict certain activities from occurring in areas where they could likely interfere with the public good.

How to Determine Your License and Permit Needs

Enbanc can help you determine what permits and licenses your business must obtain. Our Business Licenses and Permits Research Package contains the actual license, permit, and tax registration applications and associated documents that you will need to get started. Alternatively, you check directly with each government agency that will monitor your business.

Have a question? Call us at 888-450-banc