Someone must be at the designated RA's street address during regular business hours.The cost of an outside agent will be saved, and you will quickly know of any lawsuits or other important matters.ĭisadvantages of using an in-house registered agent include: Your company's RA can be you, a co-owner, an employee, or any other adult. All the Secretary of State will do is mail legal papers it receives to the address you've designated. This will save you the $30 Notice of Change filing fee, as well as the cost of an outside RA ($50 to $500 per year), but it will give you minimal service. Your options are: Use the Secretary of State Delays in responding to legal notices can be costly. The most important consideration in selecting a registered agent is to designate one that can be relied upon to identify important legal documents and notify you when they are received. In addition to the Secretary of State, the RA can be an individual person who is a New York resident, or a business entity that is registered and authorized to conduct business in New York. What do you consider in choosing a registered agent? Once the initial registration has been filed, the business entity may change its registered agent by filing a Certificate of Change with the Secretary of State, and paying a $30 fee. This initial registration document must designate the Secretary of State as the business entity's agent for service of process and give an address where the Secretary of State will forward any legal papers it receives for the entity (which can be a Post Office box or an out-of-state address). Registering a foreign entity in New York requires filing a Notice of Registration (for an LLP), or an Application for Authority (for all other foreign entities). How do you designate a registered agent?įorming a corporation, limited partnership, LLC, or LLP in New York requires filing some type of document with the New York Department of State, Division of Corporations (commonly referred to as the Secretary of State). ![]() Professional outside RAs sometimes offer additional services, such as preparing and filing registration documents, sending reminders when annual reports or license renewals are due, and keeping documents. Promptly forward any legal papers received to the business owner.Receive other official papers on behalf of the business that are mailed or delivered, such as notices of license renewals and.Be available during regular business hours to receive service of process for the business. ![]() Box, or a private mailbox or mail service)
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