Kentucky Registered Agent Info
Let me tell you about registered agent service in Kentucky.
Why do we have resident agents in the first place?
Back in the good old days, you just fought dragons and paid tribute to the king. Eventually, economies evolved, new company structures like corporations and limited liability companies emerged. These types of business structures were created to protect business owners from liabilities and provide tax advantages. Business entities are afforded stature that is independent from the individuals who start them. Unfortunately, it didn’t take very much time for owners to work out that they could avoid legal actions by personally hiding from servers of process. So, to tighten up that loophole, most Secretaries of State insist that business entities to designate a “registered agent.”
In a nutshell, who can act as a registered agent?
Your Kentucky statutory agent needs to be a company or person who is a legitimate citizen of Kentucky. They should be present to receive service of process during standard business hours. Kentucky registered agents must provide a lawful, business address within the state.
How can having a registered agent assist my business?
Most importantly, designating our registered agent service keeps your company in compliance with state law. Also, we accept and scan any service of process, legal notice, letter, or annual report received into your online account locally in Kentucky. You receive immediate notification of any paperwork scanned into your Kentucky registered agent client account.
As an added Kentucky registered agent service, we also keep track of your State annual report due date and forward you prompts with do-it-yourself links to file your report on time with the Secretary of State.
What happens if I fail to maintain or don’t have a registered agent for my business?
There can be repercussions for not maintaining your Kentucky registered agent. Fees may or may not be assessed. The State of Kentucky may revoke your corporate or LLC legal status if you fail to maintain your registered agent.