When incorporating a business in Delaware, a Delaware Registered Agent is a required. This means that you cannot legally operate a business and register it with the Secretary of State if you do not comply with this requirement.
That said, there are specific sets of requirements and restrictions when choosing a Registered Agent in Delaware you need to observe. Not doing so will delay the starting of your business.
This guide will walk you through the process of choosing the perfect Registered Agent who will be there to help keep your business compliant with state-mandated regulations.
A Registered Agent in Delaware acts as your business’ representative in terms of accepting legal paperwork from the Office of the Secretary of State. These legal paperwork include tax notifications, annual state obligations, state communications, etc.
As a new entrepreneur, there are restrictions and requirements that need to be observed when hiring a Delaware Registered Agent. You have to adhere to these conditions to avoid delay in your application to legally operate a business in Delaware.
That said, a Registered Agent can either be an individual or another business entity operating in the state that offers their services.
For an individual to be a Registered Agent, he/she must be a full-time resident of Delaware and must have an office in the state and present during office hours to accept service of process. If the Registered Agent is a business entity or service, whether local or foreign, it must comply with business license requirements to legally operate in Delaware.
You can also be your own Registered Agent. However, experts typically advice against this.
Before you choose a Registered Agent or Registered Agent service for your business, do your research. One very important thing that you have to remember is credibility. A Registered Agent must always be efficient because they will be at the forefront of your business.
Aside from this, you also have to look into if a Registered Agent has a legitimate working office because legal documents are usually delivered at 8am to 5pm, Monday through Friday so you have to make sure that the agent you choose has this. These are just some suggestions, at the end of the day, the decision is up to you.