DIY vs. Professional Registered Agent: Cost, Risk & Privacy Compared
What Is a Registered Agent and Why You Need One Your registered agent is your business’s official point of contact for legal notices and state communications. All LLCs and corporations are required to have one. Whether it’s you, a team member, or a professional registered agent service, this role is critical to staying in good […]
Why Filing an Annual Report on Time Matters for Your Business
Filing an annual report is a crucial responsibility for businesses of all sizes. Not only is it required by law, but it also serves as a vital communication tool between a business and the state in which it is registered. Annual reports provide updates on the business’s status, ownership, and management changes, and other relevant […]
Top 5 Benefits of Using a Professional Registered Agent Service
If you’re starting a business or already running one, you’ve likely come across the term “registered agent.” But what does a registered agent actually do? And more importantly, why should you consider hiring a professional registered agent service instead of acting as your own? Let’s break it down. What is a Registered Agent? A registered […]
What is a Certificate of Good standing for an LLC?
What is a Certificate of Good Standing? A certificate of good standing is a document, typically issued by the secretary of state in the state where your business is registered, that confirms that your LLC is in “good standing” with the state. It means that your business has paid all required state taxes, submitted an […]
Do You Need a Registered Agent? Here’s What You Should Know
Running a small business is an exciting endeavor, but it also comes with a whirlwind of responsibilities. Understanding the intricacies of legalities might not be at the top of your priority list, especially if your business operates locally. However, hiring a registered agent can be a hidden gem that saves you time, money, and even […]
All About Certificates of Good Standing
What is a Certificate of Good Standing? Have you ever been asked for a “Certificate of Good Standing” for your business? It might sound fancy, but it’s basically a report card from the state saying you’re doing things right. Think of it as a clean bill of health – proof you’ve filed your annual report, […]
What is an Independent Director?
An independent director is hired by an entity to sit on the board of directors. They are not affiliated with the operation of the entity and are independent in order to make unbiased decisions regarding financial matters should the need arise.
What to Look For in an Independent Director
Though lenders require you to have an independent director, if your business is facing financial hardship, choosing the right one can be stressful because you may not know exactly what you need or what to look for.
Do You Need Multiple Registered Agents for Your Multistate Business?
Registered agents are a necessity for businesses, but do you need more than one? If you have a business and are considered expanding to include locations outside of your original state of incorporation, or if your business already has locations in multiple states, you might be wondering if you need to have a registered agent […]
Can My Spouse Be My Registered Agent?
When it comes to choosing a registered agent for your business, it is imperative that you select someone you trust. After all, the person you designate as your company’s registered agent is responsible for accepting service of process, receiving communication from the government, and serving as the contact person for your business.