A Registered Agent will accept documents on behalf of your company, ensuring that you will not lose any important information in connection with paying taxes or any possible lawsuits that may be taking place with or against your company. A Registered Agent may or may not have an official managerial position within your company. In the case of SAFETY TAX, we do not and will not offer this option to participate in the business of our clients’ companies as we understand that this would be a conflict of interest in relation to our professional activities.
The state in which your business is registered needs to know that there is a contact person available so that they can be contacted Monday through Friday during business hours. If you do not have a person who is physically located in the state of Florida or even a company that can provide you with this service, the requirement is especially important for you to have a Registered Agent in the state to receive and accept official documents on behalf of your company.
While you can be your own registered agent, it is typically not recommended. Many states recommend that companies choose third parties to take on this important role. By having someone responsible for receiving all these documents, you can be confident that they will be received. You also do not need to be available from Monday to Friday, during business hours, every day of the year in which it is applicable to receive these documents since as it is a company, it will be open commercially during business days. weekly.
In addition to not having to worry about losing important documents, having a Registered Agent (a company) also means that you are less likely to accept “Legal Documents” that you do not really need to accept or that have been sent to you in error, such as for example the official statements that come with these documents such as “When signing these documents, it is your duty to ensure that the proper recipient receives them, whether it is you or another person connected with the company you represent”.
A company that does not have a Registered Agent runs the risk of not being in “Good Standing” with the state in which it is registered and therefore registered incorrectly. Because of this, you run the risk of incurring fines and the state may even put your business into an “inactive” status. While in an inactive status, your business is technically closed for all government bodies and to reopen it will have relatively high costs.
Yes, when it comes to hiring a person or company to be the Registered Agent for your company in the state where it is registered, it is recommended that you have a duly signed document, electronically or otherwise, confirming the Registered Agent’s powers and obligations as well as your obligations as a business owner.
**Remember, the role of Registered Agent is a regularized service and should only be performed by persons or companies that are duly recognized and proven to be resident or established in the state where your company is registered and that is available from Monday to Friday, during business hours to be contacted by any legal authorities i.e. Legal Courts, Government and Federal Entities