What is a Registered Agent and Why Should I Use a Professional?
Each US state and most countries require that these entities operating in their jurisdiction keep either a registered office or a registered agent. This is so each company has a local address staffed with a person to whom a summons and/or complaint can be served in connection with any litigation. Official communications such as tax notices and other official communications are also sent to this address.
Failure to have a registered agent can result in loss of “good standing,” which can affect a company’s ability to do business in that state or jurisdiction. It can also lead to default judgments and financial penalties costing tens of thousands of dollars.
IBCF can serve as your registered agent in all 50 states, the District of Columbia, the United Kingdom and most other foreign jurisdictions – whether or not we originally formed your company. And we are considerably more cost-effective than other providers offering identical services – but without IBCF’s expertise, reliability and efficiency.
With IBCF as your registered agent you will enjoy:
- Professional representation for your company
- A registered office and address as required by most jurisdictions
- Forwarding of Service of Process (SOP) and other official communications within 24 hours so you can react quickly
- Forwarding or furnishing of tax and compliance forms
- An annual Compliance Calendar to help you keep track of critical dates
- Convenient annual invoicing
While companies can appoint any individual to act as registered agent, professionals have the training and expertise to take quick action when served with a summons, make recommendations for further action and recognize unofficial communications and scam solicitations.
Also referred to as Special Agency Agreements, Special Representation Services, Special Loan Agreements, or Private Agreements, special agreements such as contracts and loan agreements require the appointment of an agent to promptly and expeditiously deliver process or other notice from one party to another. Service under a loan agreement, the USA Patriot Act, shareholder agreements, leases and other legal contracts are critical correspondence that should be handled by a professional agent promptly. IBCF can act as your representation in the United States, United Kingdom, and most international jurisdictions.