A service will send you important documents via email and postal mail. /* SCROLLING STYLES */ Similarly, you have complimentary use of a private office or meeting room at your home location for a maximum of eight hours a month. It can therefore be quite embarrassing if someone sues your company. Or you could miss a notification about a lawsuit filed against your company and, consequently, not respond on time. Any business that is registered with the state needs to appoint a registered agent, also called a statutory agent or resident agent in some states. They provide you with a real place for letters and parcels to be received, remotely. This can solve many of the problems that listing yourself as your registered agent could pose. The registered agent for an LLC has one primary function: to be an, , as well as receiving other important correspondence on behalf of the, . The platform alerts you upon receipt of any documents. Its fairly inexpensive for the service. Additionally, if you want the peace and mind of making sure your government, tax and legal correspondence will be received by a third party and sent to you in a timely manner, its a good idea to hire a registered agent service. .y-axis-3-table tr.row-10 td, Selecting a registered agent that can adequately perform this function is an important process for your LLC company and your. A member of my team has already contacted you and discussed the situation. To display a Company Registered Office, you need to register your office address with the relevant tax and business authorities. Our partners compensate us. If the registered agent cant be foundfor example, if the person you designated takes holidays or even occasionally goes off-site to attend a meeting with a clientdelivery cant be made, and the consequences can be quite severe. We give you the option to obtain a virtual office registered business address at one of our prime locations across the globe. margin-bottom: 0px; By choosing a virtual office over a traditional workspace, you wont have to spend a lot on rent and administrative staff when venturing into a new location. Talk to a specialist today. But there are a number of things you should keep in mind. If you change your registered agent or their contact information changes, youll need to inform your states business filing agency. If you have an LLC or corporation, then you are required to have a Registered Agent. text-align: center; Must have a physical address in the state of registration. If youre spending time sorting through official mail, that adds to your already busy lifestyle. Registered agents are required by law for certain legal entities, and even though you can serve as your own registered agent in some cases, this is not recommended for business owners. Or choose multiple business addresses and expand your global presence. We also accept Amazon Verification Cards. We believe everyone should be able to make financial decisions with confidence. There are some advantages to running your business from a virtual office. A registered agent is an individual or company that receives service of process, legal documents and official notices on your business's behalf. } Collaborate with colleagues and partners in modern, tech-enabled coworking and meeting spaces. Why use a virtual mailbox for physical mail? Creating operating agreements allows LLC owners to have more control over their businesses. .cc-fullview-table .fit-table .tbody .tr:nth-of-type(even) .td, If you change registered agents, you must inform the state or appropriate agency. Not having a registered agent could result in the state suspending your companys right to conduct business. Within the LegalZoom account portal, you can also just download PDF copies of the documents as well. Additionally, a registered agent must promptly forward such materials to an active company, such as an LLC, C Corp, or any other entity type. active company, such as an LLC, C Corp, or any other entity type. .y-axis-3-table tr.row-2 td, /* adjust logos size*/ Since the provider offers registered agent services, it also helps businesses in the new company filing and registration of existing companies in other states. overflow-x: auto !important; Build your presence fast, anywhere in the world. background-color: #F9F9F7 !important; Past performance is not indicative of future results. Pre-qualified offers are not binding. We have different office packages to suit your business needs from basic address bundles to lounge/meeting room access and phone handling offers. Other considerations? margin: 0 auto; /* --- FULLVIEW TABLE STYLES --- */ .y-axis-3-table tr.row-14 th{ First, a registered agent must always be available to receive service of process notices, government correspondence, and other important documents. Virtual addresses are still fixed locations, and your address is publicly available to be searched alongside other limited companies. .cc-table-desktop .column-1 img { And if you move your business, youll have to file a change of address for your registered agent. If your business is involved in a legal action and youre the registered agent, you may be served with legal documents in front of customers and employees. What are the features of a virtual office? It might be tempting not to maintain a registered agent after initially designated one when you registered your company. Regus registered agent. (Source: Sococo). NerdWallet strives to keep its information accurate and up to date. not legal advice. The most significant benefit to listing yourself is cost. .y-axis-3-table .column-3, In most states, there is a change form (example from Texas shown above) that you can download and fill out online. Her work has appeared in publications such as Quartz, the Village Voice, Gothamist, and Slate. Virtual offices are ideal for startups aiming to reduce costs, small to medium-sized organizations exploring a new location, and companies wanting to secure a prestigious address. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. .cc-fullview-table .fit-table .tbody .tr:nth-of-type(even) .td a, In addition to accepting official correspondence, LegalZoom and many other legal services will create a compliance calendar (like the one pictured above) for your business, noting important government deadlines. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. line-height: 15px; Read this comprehensive Davinci Virtual review. And if you go too long without an appointed agent, the state can revoke your certificate of good standing or even dissolve your company. Its a dedicated business address separate from a home address, helping to give home-run businesses a more professional image. Generally, if you designate a member of your LLC as the LLCs registered agent, the physical address you use for service will be your place of business, as thats where your registered agent is likely to be during regular business hours. Incorporation & Registered Agent Davinci offers an automated, digital Registered Agent (RA) platform. A virtual office can be used as a registered office address and boasts several advantages for company directors or business owners. However, this does not influence our evaluations. Many registered agent services operate in all 50 states. The main purpose of a registered agent is to ensure your business receives essential and time-sensitive information. } background-color: #fff !important; With Regus Express, you get complimentary access to business lounges around the world. width: 16%; This typically happens during company formation. He holds a Bachelor of Arts in communications and a Master of Arts in anthropology. Agents are employed to represent their client in negotiations or dealings with third parties. A registered agent must be a resident of the state in which, Designating yourself or another member of your active company, such, as an LLC, C Corp, or any other entity type, At first glance, designating yourself or another member of your. You can browse through all 135 jobs Regus has to offer Full-time More Than A Receptionist!!! text-align: center !important; Registered Agent representation for Law Firms, Tax Firms, and in-house legal teams at multi-state / multi-company organizations? We are not a law firm and do not provide legal advice. .y-axis-3-table td, /* --------------------------------- */ Regus Be Registered Agent Every State has slightly various requirements for creating a corporation, however in general, you'll comply with these steps. Business Services. View and manage your mail and packages with our app or online. These services mean you could work from anywhere in the world while still keeping on top of your physical mail. More and more people are working from home, so its no surprise many are looking for flexible and cost-effective ways to run their business. **Pricing is exclusively for annual billing. When registering a business entity, you'll be. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. text-align: left !important; min-width: 125px; There are consequences for not having a registered agent: You wont receive important government and tax documentation and could risk missing important notices about any lawsuits against your company. You can hire aregistered agent servicefor an annual fee. LinkedIn There are certain rules you need to follow when choosing one. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. These services charge an annual fee, usually between $50 and $300. What is the difference between a mailing address and a physical address? We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Our partners cannot pay us to guarantee favorable reviews of their products or services. Before that, he worked at PCMag as a business analyst. .cc-fullview-table .fit-table th { .css-t53uqh{position:absolute;left:-16px;}A virtual office can be used as a registered office address and boasts several advantages for company directors or business owners.. boxes dont count, so you cant use a UPS Store, for example. Our most comprehensive package: all our virtual office services plus workspace access. Functions of a Statutory Agent. .cc-table-desktop .tbody .tr:nth-of-type(even) .td, .y-axis-3-table .row-8 .column-1 img, When choosing how you'll satisfy that requirement, you've got some options. However, you face serious consequences if you do not have a registered agent. Prior to joining the team, she wrote content for a real estate listing platform, covering industry news and investment advice to property marketing. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. completeness, or changes in the law. The platform automates the entire Registered Agent experience by tracking and storing Service of Process (SOP), official notifications, and compliance deadlines. mailbox cant be used. More specifically, here are the three main reasons why registered agents are important: Receive legal process: People with legitimate legal complaints against a business have an address to send service of process.