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Info About Your Minnesota Registered Agent

Okay, here’s the scoop about registered agent service in Minnesota.

What is the reason for statutory agents in the first place?

Long ago, you just herded sheep and paid your taxes to the king. Gradually, economies changed, 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 status that is independent from the person or persons who form them. Unfortunately, it didn’t take long for people to figure out that they could stay away from litigation by personally hiding out from servers of process. So, to close that loophole, most Secretaries of State compel business owners to appoint a “registered agent.”

What are the restrictions or requirements I should know about my statutory agent?

There are only a few requirements relating to who can be a registered agent here in Minnesota. Specifically, the entity or person acting as your registered agent needs to be available and located at an official street address within the state of Minnesota during regular business hours. They will be responsible to receive all legal and tax-related documents, annual report forms, litigation (service of process) documents, etc., for you. It is crucial that you appoint a reliable company, such as when choosing your Minnesota registered agent.

What are the advantages of having a registered agent?

Businesses in Minnesota benefit in many ways by selecting a resident agent. First and foremost, nominating a resident agent keeps your business entity in compliance with Minnesota state code. With as your Minnesota registered agent, anytime you receive any service of process, legal notice, letter or annual report notice – we accept those in your place. Momentarily, we’re scanning your files into your client account. You’ll receive instant notice of any paperwork we scan into your Minnesota registered agent account. In addition, we also monitor your Minnesota filing deadlines and send you reminders with how-to links so you can send in your report ahead of schedule with the Minnesota Secretary of State.

What types of companies are required to have a Registered Agent in Minnesota?

An LLC in Minnesota, out of State LLC, a corporation in Minnesota, an out of State corporation, a non-profit corporation or organization, a limited partnership, a limited liability partnership, or any other Minnesota venture is required to have a registered agent in Minnesota and an Minnesota registered office listed.