New York Registered Agent
Okay, here’s the scoop about getting a registered agent in New York.
Why are there statutory agents in the first place?
When I was a kid, you just fought dragons and paid your taxes to the lord of the land. Gradually, economies changed, 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. Entities are afforded stature that is disconnected from the people who form them. Unfortunately, it didn’t take very much time for owners to understand that they could stay away from legal actions by personally hiding out from process servers. So, to tighten up that loophole, most Secretaries of State compel companies to designate a “registered agent.”
What are the functions of a normal registered agent in New York?
A resident agent in New York furnishes a legal address where a person is available during typical business hours. The registered agent is responsible to accept service of process and legal documents for your business and then deliver this paperwork on to you. In addition, your New York registered agent will remind you about important filing due dates like annual report filings and other renewals. An New York registered agent can also double check to see to it that your business is in conformance with New York state law.
How can having a resident agent benefit my business?
First and foremost, having our registered agent service keeps your company in conformity to state law. On top of that, we receive and scan any legal notice, service of process, annual report, or letter received into your online account locally here in New York. You receive instant notification of any documents scanned into your New York resident agent client account.
As an added New York registered agent service, we also keep track of your New York annual report due date and send you reminders with how-to links to submit your report in a timely manner with the Secretary of State.
Can I get in trouble if I don’t have or fail to maintain a registered agent in New York for my company?
Yes, there can be consequences for failing to maintain your registered agent in New York. Penalty fees may or may not be assessed. The State of New York may revoke your corporate or LLC certificate of authority if you don’t maintain your registered agent in New York.