Before you can fully incorporate when starting a business in Nevada, you are required to retain the services of a Nevada Registered Agent.
A Registered Agent is an individual or a business entity that represents your business to reserve service of process notices and other legal documents forwarded by the Secretary of State and other government agencies.
Notifications and documents include legal correspondence, tax forms and requirements, notice of lawsuits, tax report notices, and more.
Since the role of the Registered Agent in Nevada is quite sensitive not just for compliance purposes but also to ensure that you receive legal documents on time, prompting a swift course of action as well in your part upon receiving these documents, it is necessary to find a Registered Agent that meets both state requirements and your own business requirements.
Although there is no statute that you cannot be your own Registered Agent, this is highly discouraged as it can divide your attention between performing the role and taking care of your business. Below is a guide of Nevada requirements and restrictions when hiring a Registered Agent.
Of the considerations for a Nevada Registered Agent, you must first look into the state’s requirements in hiring one.
The state has enumerated a number of criteria that must be fulfilled when hiring an agent for your business. A Registered Agent can only qualify for the position if: (1) he is an individual resident of Nebraska, or (2) it is a business entity, both domestic and foreign, as long as it is registered to operate with the Secretary of State. A physical street address should also be provided by the Registered Agent. A P.O. Box is not considered a physical address.
The agent chosen for the position should consent to accepting legal notices on behalf of the company prior to its designation. Most importantly, the Registered Agent in Nevada should be at all times present at the physical address provided during office hours, ready to receive any legal notification.
Just like business taxes and licenses, a Registered Agent is a requirement in the state of Nevada. Make sure you take the time to find a qualified individual if you are not up for the job yourself. Choose wisely! Do your research and check out your options.
At the end of the day, your decisions will affect your overall business operations. If you’d like a Registered Agent service to do all the legwork for you, check out our top two options below. Both options are excellent and affordable.