Two Ways To Raise Money For Your Business You May Not have Considered
When starting a business, among the most common methods that are thought of to raise money for the business are...
Read More >>An LLC Registered Agentâalso known as a statutory agent or agent for service of processâis a third-party entity or person appointed to receive important state and court correspondences like: Annual State Filings, Biennial State Filings, Tax Notices, Court Notices; among other official documentation. The LLC Registered Agent will collect the official mail or notifications, then process and communicate them accordingly to the business owner.
State government requires you to provide someone as a point of contact for your business at all times to accept documents on your behalf. An LLC registered agent is particularly important if you donât have a physical location in that state, since P.O boxes donât fulfill this requirement. You can’t afford to miss critical information on tax payments or lawsuits concerning your business, either. It is the registered agentâs job to forward court, state, and other official documents to the business entity and notify them immediately.
On the other hand, if you donât have an LLC registered agent (which is required by most states), it might cause you to drop out of âgood standingâ with the state, which may result in the loss of your business license, among other fines and penalties.
The LLC registered agent of your choice must have a physical street address (no P.O. boxes) and availability at that address during normal business hours. Ideally, you want an LLC registered agent solution that is reputable and responsible in getting documents unto your hands promptly to avoid state and court sanctions, default lawsuits and judgments, among other fines and penalties.
At Spiegel & Utrera, P.A., we provide Registered Agent Solutions with Attorney Client Privilege. If you’ve done your research, you know that Spiegel & Utrera, P.A. offers complete business formation services, years of experience that canât be matched by many and of course the best price out there! But maybe the most important reason is, the Attorney-Client Privilege in effect:
This means that if you receive a subpoena to produce information about your corporation, LLC, Partnership or Trust because of alimony, child support, bankruptcy, debt collection, foreclosure, IRS, tax collection, government enforcement action, criminal matter or anything else, Spiegel & Utrera, P.A. is duty bound NOT TO DISCLOSE any information contained in any client communications whether oral or written. This is powerful legal precedent to have working for you and you can only obtain it from a lawyer. A non-lawyer Registered Agent or Registered Office service does not offer this valuable confidentiality protection.
Check out our highly informative video on structuring business relationships!
â â â â â