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Benefits of a third party agent
 
The advantages of getting a third party agent.

When a business is served a complaint (due to being sued by a particular party), the registered agent is the one through which due process is entrusted. This means that the agent on record with the State, more specifically the Secretary of State, is the one served with court documents. A third party registered agent can take on this fiduciary responsibility.

A third party agent allows a business to change locations at any time for any reason. Granted a business entity can accomplish this without a registered agent, however each move requires re-filing with the State. Each time there is a change in the address of the registered agent or an updated agent to file on record, there is a cost involved.

Having a third party registered agent sidesteps these additional costs alleviating the stress of remembering to record the changes with the State so as to circumvent delinquency. Not to mention the cost savings.

Moreover, a third party registered agent is equipped with Compliance Management system knowledge. A proper third party agent will track filing, notification and publishing requirements for your company. This in turn can save loads of unnecessary expenditures that can arise from late penalties and other related legal fees.

If you don't currently have a third party agent, it is definitely worth looking into. A national registered agent may just be what your business needs (especially if there's a bulls eye on your company that lawsuit happy lawyers always seem to aim for).


 

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