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Whether you currently own a business or you plan to form a corporation, LLC, foreign filing or other corporate entity, US law requires that you have a registered agent in the state in which you formed the entity. A registered agent, also referred to as an agent of process, statutory agent or resident agent, is tasked with accepting service of process for your organization. Service of process is defined as legal notice given to a corporation by a court or other governmental body, enabling a response from the corporate entity. Service of process usually comes in the form of court documents delivered to the registered agent.

Registered agent packages, which streamline the registered agent acquisition process, are available to businesses for low fees. A registered agent service can come in the form of either an individual or an organization. The individual must qualify by living in the state in which the business was established. If the registered agent is an organization, the organization must have the same address as the entity seeking a registered agent service.

It is very important to seek the services of a competent registered agent. In the case that your organization is sued and your registered agent fails to notify you, you will automatically lose the case in a default judgment.

In the case that your organization does not yet have a registered agent, or if your organization has recently moved to a different state, it may be wise to seek a registered agent service from an organization such as ChapterGroup.com. Alternatively, you may seek a registered agent service by contacting your accountant or attorney.

If your registered agent resigns or moves, you are required by law to find a new one. If your organization fails to do so, the domestic filing or foreign filing entity registration could be terminated. In addition, your organization could be saddled with penalty fees.