More About Your Delaware Registered Agent
Let’s talk a little bit about registered agent service in Delaware.
Why do we have resident agents in the first place?
Back in the good old days, you just tended the farm and paid your taxes to the lord of the land. Eventually, economies evolved, new company structures like limited liability companies and corporations emerged. These types of business structures were created to protect business owners from liabilities and provide tax advantages. Business entities are given stature that is disconnected from the people who put them together. Sadly, it didn’t take long for people to understand that they could stay away from litigation by personally hiding out from process servers. So, to get rid of that loophole, most Secretaries of State insist that business entities to select a “registered agent.”
What are the restrictions or requirements I should know about my registered agent?
There are few restrictions concerning who can be a registered agent here. In particular, the entity or person acting as your resident agent needs to be located and available at an official street address within Delaware during regular business hours. Your Registered Agent will be responsible to accept all tax-related and legal documents, annual report forms, litigation (service of process) documents, etc., on your behalf. It is crucial that you select a reliable company, like Registered-Agent.net when choosing your registered agent.
How will having a registered agent assist my company?
First and foremost, appointing our registered agent service keeps your business in compliance with state law. In addition, we receive and scan any legal notice, service of process, letter, or annual report received into your online account locally in Delaware. You receive instant notification of any documents scanned into your Delaware registered agent client account.
As an added Delaware registered agent service, we also track your State annual report due date and forward you reminders with do-it-yourself links to file your report in a timely manner with Delaware.
What happens if I fail to maintain or don’t have a registered agent in Delaware for my business?
There can be repercussions for not maintaining your Delaware registered agent. Penalty fees may or may not be assessed. The State of Delaware may revoke your corporate or LLC legal status if you don’t maintain your registered agent.