Registered Agent
Why do I need registered agent for company setup?
Registered Agent Role
A registered agent is responsible for receiving official mail, legal documents, and service of process on behalf of your LLC. While a registered agent can help with forming an LLC, their primary role is not to create the LLC but to ensure your business can be reached officially, especially for legal matters.
Why Registered Agents Exist
Registered agents have existed as long as the United States because every business needs to have an official point of contact for legal matters. This is critical for service of process, where a business needs to be notified if they are being sued.
Privacy Protection
Registered agents are also valuable for protecting your privacy. If you run a business and do not want your home address publicly listed, especially if you operate online, using a registered agent service can prevent your personal address from being made public on state records.
Cost
The cost of a registered agent service can vary, typically ranging from $90 to $300 per year. In return, they provide services like mail collection and forwarding, and ensuring your business meets state compliance requirements.
The above covers the purpose and benefits of using a registered agent service, particularly for small business owners who value privacy and want to ensure they meet legal requirements.
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