Setting up a corporation in another state is a very important decision that must not be taken lightly. However, as a 'foreign corporation', you do have to abide by certain rules and regulations of the state. One rule that applies to setting up a corporation in any state in the country is to appoint a National Registered Corporation Agent in the state where you want your corporation to be formed. This registered agent is responsible for a number of important documents and filings for both taxation and legal matters. Notices of litigation, franchise tax forms, annual report forms, and all other official correspondence are done by this registered agent.
Your national registered agent can be an individual or company that has been endorsed by the state to act as your agent and must be located at the address where the company is formed in the state. Additionally your registered agent will have his/her/its name and address on all corporation formation documents as a matter of public record.
So exactly who are national registered corporation agents? And what purpose do they serve? National registered corporation agents are individuals or a company that have been appointed by you (the corporation) to act as the corporation's representative for accepting any and all official documents on behalf of the corporation in a certain state. National registered corporation agents differ from registered agents on the basis that they are fully licensed professionals who can act on your (the corporation) behalf in all fifty states including the District of Columbia and some international jurisdictions.
These agents act on behalf of a number of businesses and organizations such as regular corporations, non profit corporations, regular partnerships, limited partnerships, LLCs, tax haven corporations, insurance companies and banking organizations as well as small businesses.
The basic purposes of a national registered corporation agent include:
The accepting and forwarding of Service of Process documents when forming a corporation. Service of Process includes all legal proceedings, court notices, official state government communications and other documentation that needs to be presented to a business that wishes to incorporate itself within a state.
The forwarding and filing of all tax and other regulatory compliance documents.
Maintaining, filing and forwarding of all official correspondence and communiqués.
A national registered corporation agent makes sure that all the above mentioned documents and notices are not only properly received but are also properly and promptly forwarded to the appropriate persons or party. These agents need to maintain an address within the state and must be available during regular business hours to accept/receive any notices or Service of Process documents.
Getting a national registered corporation agent is important because the law requires it. If you want to conduct any business in a state you need a national registered corporation agent to help you do it. It is best to hire the services of a professional national registered corporation agent because they will ensure that any and all of your documents will reach you in a timely and efficient manner.