If youve decided a corporation or limited liability company (LLC) is the best business structure for your company, youve probably come across the term registered agent. Selecting a registered agent that can adequately perform this function is an important process for your LLC company and your. We are not a law firm and do not provide legal advice. The market is teeming with various agencies offering flexible workspaces modern businesses need. 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. The said document must be signed, dated and attached in Form 18. The drawback in choosing Alliance Virtual Services is that you need to settle the setup fee to get started. And if you go too long without an appointed agent, the state can revoke your certificate of good standing or even dissolve your company. line-height: 15px; Link Regus website Learn more Jobs We were not able to detect your location. text-align: left !important; Authorities like Companies House and HMRC can use this as your official business address to send you correspondence. Not just anyone can fill this role, though. When you apply for your EIN, they are asking for your principal place of business or. If your agent moves out of state or the service you are working with goes out of business, youll need to appoint a new registered agent. GET STARTED NOW, Belle Wong,is a freelance writer specializing in small business, personal finance, banking, and tech/SAAS. } Advantages of a Virtual Office. Its active presence in several locations worldwide offers several options for the best virtual address for business. Its monthly plan only costs $29 a month, covering phone services, same-day digital scanning, physical forwarding, and a unique suite number for a professional business address. Or choose multiple business addresses and expand your global presence. } Alliance Virtual Offices makes it easy to set up an office in top central business districts. This information may be different than what you see when you visit a financial institution, service provider or specific products site. New York, NY 10003-1502, California Privacy Rights | Privacy | Terms | Sitemap. A registered agent can also be called a resident agent, statutory agent, or agent for service of process. While these requirements are simple, its important to look more closely at who you should designate as your registered agent. Why use a virtual mailbox for physical mail? The listed registered agent must be present at the address listed to receive government, tax and legal correspondence during official business hours. Our virtual offices are available in every major town and city worldwide, so you can represent your business professionally and maximize every opportunity. } .y-axis-3-table tr.row-9 td, No, registered agents must have a physical address capable of accepting physical mail during business hours. Domestic and foreign corporations cost $100 to form or register. But there are a number of things you should keep in mind. Matt Ross, co-owner of RIZKNOWS and The Slumber Yard, which operate multiple internet properties, chose LegalZoom after using the website for LLC setup. Performance information may have changed since the time of publication. The only drawback in choosing this provider is its high virtual office prices. And how do you decide who to designate as your LLCs registered agent? You are legally required to list a registered agent as part of your LLC or corporation. } One notable feature of this provider is the automated, digital registered agent platform, which monitors and secures Service of Process (SOP), official notifications, and compliance deadlines. THIRD: Purpose. Virtual addresses are still fixed locations, and your address is publicly available to be searched alongside other limited companies. width: 100%; boxes dont count, so you cant use a UPS Store, for example. Instead of receiving mail in person, you have a whole host of remote mail options. mailbox cant be used. The registered agent is responsible for receiving service of process, which includes legal documents such as summonses, complaints, subpoenas, and other official notices that are served on the company. Real estate. Rick VanderKnyff leads the team responsible for expanding NerdWallet content to additional topics within personal finance. } .cc-table-desktop .column-1 img { These are the benefits of using a legal service: LegalZoom, Rocket Lawyer and IncFile charge about $150 per year for registered agent services. Yes. The company's principal . You can browse through all 135 jobs Regus has to offer Full-time More Than A Receptionist!!! text-align: center; An LLC registered agent is an individual or entity designated by. Florida Registered Agent. It can therefore be quite embarrassing if someone sues your companyand serves notice of the lawsuit in front of your customers or clients. Section 5.201(b) of the BOC requires that registered agents designated on or after January 1, 2010 must have consented to serve in that capacity in a written or electronic form . But what's a registered agent and what do you need to know to choose one? MORE: NerdWallet's best accounting software for small businesses, A version of this article was first published on Fundera, a subsidiary of NerdWallet, About the author: Priyanka Prakash is a writer specializing in small-business finance, credit, law and insurance, helping business owners navigate complicated concepts and decisions. .cc-fullview-table .fit-table tbody tr:nth-of-type(even) td { Youor any other individual person can only act as registered agent for your business in the state where you live. A registered agent is an individual or a business entity located at a physical street address in Oregon, whose sole responsibility is to accept legal documents (service of process, lawsuits, liens, subpoenas, etc.) Agent: An agent is any person who has been legally empowered to act on behalf of another person. Theres an option to get a teammate and pull them into a real-time virtual discussion or knock on a meeting room to join the conference. .y-axis-3-table tr.row-14 th{ . Functions of a Statutory Agent. Our virtual offices are available in every major town and city worldwide, so you can represent your business professionally and maximize every opportunity. left: unset !important; All ratings are determined solely by our editorial team. If you have a fast-growing business, it can be tough to keep all your important paperwork and deadlines straight. We may make money when you click on links to our partners. Many or all of the products featured here are from our partners who compensate us. Before joining Forbes Advisor, he was a content producer at Fit Small Business. The Registered Agent on file for this company is Mark William Regus II and is located at 1365 W. Foothill Blvd Ste 2, Upland, CA 91786. What happens if you dont have a registered agent? A registered agent is an individual or company that receives service of process, legal documents and official notices on your business's behalf. Founded 1989 Company size more than 10,000 Revenue $1B to $5B (USD) Industry Real Estate Headquarters Dammstrasse 19 CH-6300, . The Registered Agent needs to be aware and understand the company's activities at all times; therefore systems and procedures will be put in place to manage the flow of information on the company that services are being provided to. The providers package includes a range of perks you can use to work and meet with colleagues in other types of offices. Pre-qualified offers are not binding. Let me know if there's anything you need! The company's filing status is listed as Active and its File Number is 4543460. LinkedIn You can also relocate your business address at any time, at no additional cost. With pricing starting at ZAR 1890, we offer the flexibility and freedom to accommodate any workstyle. Theres no administrative staff receiving and forwarding emails to your workplace. No, The UPS address is not allowed to use as a registered agent to establish a company in the USA. 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. We'd love to hear from you, please enter your comments. Within the LegalZoom account portal, you can also just download PDF copies of the documents as well. Hiring a professional registered agent from a service will give you the assurance that someone will always be available to receive important legal mail and relay it to you in a timely manner. .cc-table-desktop strong.promo-code a{ Attorneys with you, every step of the way. Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. USPS also dictates required procedures for commercial mail receiving agents (CMRAs) like us to follow. line-height: 16px; The name of the Corporation is Regus Business Centre Corp. (hereinafter referred to as the "Corporation"). Setting up an LLC is a great way for business owners to limit their liability for company debts. If the registered agent is a company, it can be a domestic or foreign entity, as long as its authorized to do business in the state. Your LLC can't function without a registered agent. The registered agent for an LLC has one primary function: to be an, , as well as receiving other important correspondence on behalf of the, . If you have one of these business types, youll be asked to name your registered agent during incorporation or business registration. Senior Assigning Editor | Los Angeles Times; University of California, San Diego; Microsoft. Appointing yourself registered agent for your company sounds like it might be the simplest solution, but in fact, it's not advisable. Sococo has an iOS and Android app, making it easily accessible for mobile teams. If youre in the market looking for the best virtual office, consider these top factors: excellent location, phone number and live receptionist inclusions, on-demand access to physical workspaces, and flexible membership terms and payments. And if you move your business, youll have to file a change of address for your registered agent. Read more. What is the difference between a mailing address and a physical address? } min-width: unset !important; Use this handy guide to start your Texas LLC. .cc-table-desktop .tbody .tr:nth-of-type(even) .td, Regus registered agent. While a registered agent with a company provides a basic and simple function, its also extremely important. You can hire aregistered agent servicefor an annual fee. A service will send you important documents via email and postal mail. Did you know Legalinc is a fully owned Legalzoom subsidiary that providesRegistered Agent representation for Law Firms, Tax Firms, and in-house legal teams at multi-state / multi-company organizations? All Rights Reserved. Arizona. It also gives business owners an additional layer of privacy and a greater separation of home and work life. If you want more than a professional business address, our packages mean you can choose the services you need to get to work. Select the newsletters youre interested in below. Before subscribing to Servcorps virtual office solutions, note that it only operates in four U.S. cities: New York, Chicago, Washington D.C., and Houston. Upgrade your company image with a business address at a prestigious office building or coworking space. There needs to a separate, responsible party, whether thats an individual or an outside agency. text-align: center; We used LegalZoom to form our LLC, so we thought it was easiest to stick with them as our registered agent as well Whenever they receive documents from the state, they immediately snail-mail us copies. This means the registered agent must always be present at your registered physical address during normal business hours. overflow-x: auto !important; Product might not be available in some territories, limitations and restrictions apply. text-align: center; Junk mail and registered agent mail do not count toward that total. To determine the best among the top virtual office companies, we looked at these criteria points: We considered the monthly cost of virtual office packages of each provider. The platform alerts you upon receipt of any documents. .y-axis-3-table td, Work wherever and however you need to with a Regus Office membership. } Our opinions are our own. We gave higher scores to providers that have generous live call answering minutes. @media only screen and (max-width:1024px) { width: 100%; position: sticky; 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. If you're not your own Registered Agent, then you SHOULD NOT USE the Registered Address as your company's business address. } Corey has over a decade of experience in marketing, tech writing, and corporate communications and has even penned content for the former First Lady Michelle Obamas Lets Move initiative. Below you will find a . A registered agent must be a resident of the state in which you registeredyour company or companies are registered. We have a team of specialists available 24/7 to help you find the best solution for your business. An LLC registered agent is an individual or entity designated by an active company, such as an LLC, C Corp, or any other entity type, to receive service of process notices, government correspondence, and compliance-related documents on behalf of the company. This could mean that a court could issue a judgment against your company before you have a chance to defend yourself. The name you pick for your corporation will certainly develop its brand. Once your virtual office is registered, you can use the address on documents, emails, business cards, pretty much anything business-related. Are you sure you want to rest your choices? Its monthly plan only costs $29 a month, covering phone services, same-day digital scanning, physical forwarding, and a unique suite number for a professional business address. Read more. Need corporate registered agent representation? We also considered the services they offer to make remote work easier for businesses, including registered agent solutions, same-day digital scanning of mail, and VoIP services. As a business owner, you have many options for paying yourself, but each comes with tax implications. Registered Agents are not regulated by the State of Delaware. The requirements that must be met to be eligible to be a registered agent are quite simple. Registered Agent Legal Requirements There are a few legal requirements for a. Since earning her law degree from the University of Washington, Priyanka has spent half a decade writing on small-business financial and legal concerns. .y-axis-3-table tr.row-2 td, 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. Disclaimer: NerdWallet strives to keep its information accurate and up to date. The fee for changing your appointed agent is usually pretty low, $25 to $50 in most states. .cc-table-desktop strong.promo-code a{ It might be tempting not to maintain a registered agent after initially designated one when you registered your company. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Find the right location for your business. A registered agent must also have a physical address to deliver documents. FIRST: Name. // min-width: 80px; /* SCROLLING STYLES */ } If your registered agent changes, youll need to file a form indicating this change. Check your states business filing website for forms and fees for changing registered agent information. In many cases, using a registered agent service as your registered agent makes senseto receive documents on your behalf and forward them promptly. .cc-fullview-table .fit-table .column-1 img { a "statutory agent"). **Pricing is exclusively for annual billing. When you form a corporation or an LLC, youll be asked to name a registered agent. // min-width: unset; padding-top: 5px; A virtual mailbox is the perfect solution for those working from home. No matter who you select, youll need to keep the information up to date. This article is part of a larger series on Unified Communications. In some states you are allowed to serve as your own registered agent; however I highly advise against doing that. * All prices shown are valid at the time of inquiry, based on 24-month contracts. A Non-Objection Certificate (NOC) is required from the legal owner of the property/coworking space, permitting the use of such property as a registered office of a company. @media only screen and (max-width:641px) { A registered agent is an individual or business entity that accepts tax and legal documents such as service of process on behalf of your business. 1 Limit personal information on public documents } font-weight: 700; } Hours Open until 11:59 PM more Phone (302) 318-1300 (302) 318-1300 +1. The virtual office can be used as the registered agent address; however, make sure that the instructions that you leave with Regus are explicit. Editorial Note: We earn a commission from partner links on Forbes Advisor. This can be embarrassing and cause unwanted gossip and speculation. Did you know Legalinc is a fully owned Legalzoom subsidiary that provides. You must specify your company's registered agent when you file your Articles of Formation. /* --- FULLVIEW TABLE STYLES --- */ This compensation comes from two main sources. lawsuits, legal summons, or subpoenas) on behalf of a business. You can change plans as the needs of your business adapt over time. Rob is an SMB writer and editor based in New Jersey. 4min read. Best, Lorraine Brule Global Customer Service at Regus background-color: #F9F9F7 !important; .y-axis-3-table tr.row-5 td, A registered agent and its address is responsible for receiving and forwarding service of process and other legal documents (ie. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. Information provided on Forbes Advisor is for educational purposes only. Abacus Property Consultants Ltd View all (30) properties. To display a Company Registered Office, you need to register your office address with the relevant tax and business authorities. 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. background-color: #fff !important; provides a basic and simple function, its also extremely important. Availability: Must be available to receive mail and sign official documents during normal business hours, Monday to Friday, 9 a.m. to 5 p.m. Depending on the state, a registered agent may also be called a statutory agent or resident agent. Be part of a vibrant coworking community with dedicated desk or hot desking options. The most significant benefit to listing yourself is cost. In fact, in many cases, it's required by law. You might be using an unsupported or outdated browser. A1 Properties Ltd View all (46) properties. } She spends h We looked at the locations offered by the virtual office service providers and favored those with a vast geographical footprint, especially those that have offices overseas. You will need to include a physical address and not a P.O. Imagine being served with a lawsuit while youre helping a customer. .y-axis-3-table .row-1 th.column-1.ch { .cc-fullview-table .fit-table .tbody .tr:nth-of-type(even) .td a, 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. Nonprofit corporations are $30. .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.. (Source: Alliance Virtual Offices). Since earning her law degree from the University of Washington, Priyanka has spent half a decade writing on small-business financial and legal concerns. A virtual office located in a top commercial district helps businesses establish a professional, reputable image. An LLC registered agent is an individual or entity designated byan active company, such as an LLC, C Corp, or any other entity type, to receive service of process notices, government correspondence, and compliance-related documents on behalf of the company.