Why is a Registered Agent Required?
Your registered agent is your official contact with the state. The state requires a registered agent be designated so that it has an official contact on file for your business. The state will send your company important compliance information and official correspondence through your registered agent.
What If I Don’t Designate a Registered Agent?
Failing to have a registered agent may result in serious adverse consequences. Your business can be administratively dissolved in the state of its formation and affect the “good standing” of your business.
Reasons for Using a Professional Registered Agent
If you have a physical address in the state in which you form your company, technically you could serve as your own registered agent. However, there are a couple of very good reasons why just because you can serve as your own registered agent doesn’t mean that you should.
Time-sensitive materials require immediate attention. You’re busy running your business and in almost every case that means you’re not always available during regular business hours to receive important communications or documents that require a response by a certain deadline or due date.
Protecting your business image. Acting as your own registered agent means keeping your business address (which may also be your personal address) on file with the state. This is where they will send all correspondence routinely associated with the corporation or LLC.