We may earn an affiliate commission from partner links on the Entrepreneur Guide. These do not affect our editors’ opinions.
Starting a business will come with a lot of essential responsibilities. For example, you’ll need to develop a business idea, do market research, create a business plan, and secure funding. These tasks can be challenging on their own and don’t even involve the legal aspects of starting a business.
One of the most critical parts of starting a business is selecting a business structure. You’ll need to decide between registering as an LLC, corporation, partnership, or sole proprietorship.
Each of these business structures comes with unique characteristics. No matter which one you opt for, you’ll need to appoint a registered agent when your business is formed.
Registered agents, not to be confused with resident agents, are individuals or companies that receive legal documents, official notices, and process services on your business’s behalf.
Usually, they must be reachable during normal business hours at a registered office with a registered agent address (some physical address or business address at which they can receive legal notices and other mail correspondences).
In addition to these responsibilities, registered agents also play a crucial role in incorporation, filing articles of organization (or articles of incorporation) with the state. These formation documents are entered into the public record, contain basic details about your company, and make your business entity official.
Which registered agent services are the best in 2023?
By law, you can act as your company’s registered agent. The problem is that you’ll have the added responsibilities of managing state documentation, including legal correspondence and time-sensitive incorporation services.
That means you’ll need to handle all the necessary annual reports and official notices to keep you in compliance with the state. Failure to remain in good standing could result in non-compliance penalties, including fines and the loss of business licenses.
Hiring a registered agent is generally much better than taking on these additional and unnecessary burdens. Registered agent services aren’t costly — in fact, free registered agent services are available — and they are well worth the cost.
Here is a list of the seven best registered agent services that you should consider first:
Hire a registered agent to handle your legal responsibilities.
Starting up a business can be extremely exciting. You’ll need to do so many things that it can be easy to forget a few.
The problem is that skipping some of the legal requirements of starting a business can land you in hot water. It’s best to leave the legal aspects of running a business to the experts.
Hiring a registered agent is an easy and inexpensive way to avoid legal trouble. Each of the seven services listed above is more than capable of meeting your legal needs.
There’s no reason to take on any extra burden when you can simply hire one of them to help your business. For more compelling business content, check out our website.