When you’re incorporating a business in Maine, choosing a Maine Registered Agent should be part of your startup checklist. This is one of the requirements in starting a business in Maine, and your compliance is a must or your application for legal registration to do business will be not go through.
Now, aside from state-specific requirements and restrictions when hiring a Registered Agent in Maine, you also need to find someone of impeccable character and proven track record as an agent since this is an important position in your organization.
A Registered Agent basically serves as the arbitrator between the state and your business. When the state needs to serve legal notifications, documents, and other paperwork for a business, these are sent to the respective Registered Agent of your business rather than through you personally.
It is then the Registered Agent who will sort all these legal notices and forward it to your business for legal action. As the timely compliance is of utmost importance, the efficiency and competence of your Registered Agent in Maine is vital.
Under state guidelines, there are certain requirements that should be fulfilled for the approval of your chosen Registered Agent in Maine. For an individual to qualify for the Registered Agent position, she/he must be a resident of the state of Maine.
If another business entity like a Registered Agent service, a legal registration to operate as a Registered Agent in the state of Maine is required. Any domestic or foreign company can qualify for the position provided that the previous requirement is fulfilled. The next condition should be that the individual or the business entity should provide a physical street address in Maine. A PO Box is not considered a physical address.
On the question of whether you can be your own Registered Agent, there are no restrictions imposed by the state, but as with any sensitive position such as this, it is often discouraged by small business professionals.
In the matters of the competency of the Registered Agent, it is solely the responsibility of the entrepreneur to find an agent that is highly reliable and efficient, one that can deliver the job on time and always looks out for the best interest of your small business.
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.