The majority of states in the U.S. need every business regardless of entity type to choose and maintain a registered agent. Your Georgia Registered Agent, otherwise known as your Resident Agent or Statutory Agent, is a third party representative that will take care of your legal paperwork.
The main purpose of hiring a registered agent is to provide a legal address where there are professionals who are available during business hours.
A Georgia Registered Agent will play a great role in your business; they are your partners in success. Some of the basic requirements that you need to check when hiring a Registered Agent include the following:
For your Georgia small business to be a successful one, you need to set certain standards apart from the basic things required by the state. You might want to consider the track record and experience of a registered agent as well.
In the event that your agent fails to perform their job, it might cause negative consequences to the business; this is the reason why you need to hire a competent agent for your business. To give you a better idea of the reasons why you need a registered agent, below are other important reasons.
This is the main reason why you need to hire a registered agent for your Georgia startup. Every business needs long term representation because documents and paperwork will always keep coming.
If you have a Georgia Registered Agent, you’ll be able to focus more on managing your business rather than waiting and sorting out mails all day long.
As long as you employ the services of your registered agent, he/she will continue to represent your Georgia startup in the best way. Your registered agent will receive, sort and prioritize your mail for you so you don’t have to miss anything.
When doing any kind of business, there’s always a chance that you’re going to meet legal problems along the way. You may get sued and when this happens, a service of process notice will be sent to your business address.
The document is usually delivered by local law enforcement; this is a situation that you should avoid at all costs as it can ruin your business reputation.
A lawsuit is a lawsuit, no matter how small it is. To maintain your privacy and business reputation, it’s best that you have a Georgia Registered Agent. Instead of the service of process notice sent to you, it will be redirected to your registered agent’s office preventing negative publicity for you and your business.
A registered agent handles state government documents; this includes tax notifications, legal notifications, franchise tax notices, and even annual reports forms. All these documents are very important and must be received promptly.
Once these government documents are received, it is the responsibility of the registered agent to forward them to the entity. They also need to alert the business entity if their government filing status is in good standing.
The reason why registered agents have to notify businesses about this quickly is entities have a difficult time keeping track of legislative changes because of different laws of different states.
Since your registered agent will save you from handling documents for you, you’ll have enough time for your business. You will take care of other things and won’t worry about missing anything because your agent has got your back.
You can vacation worry-free because someone will be there to manage documents for you if an immediate response to the government is required.
Every year, there are certain compliance requirements to complete to continue operating your business. Your registered agent can actually help you prepare and process your documents and paperwork for you. Many entrepreneurs miss out on this function and they end up doing all the work themselves. Since you already know this function, ask your agent for help, two hands are better than one.
Failure to maintain an agent will result in the loss of your corporate or LLC status and sometimes extra penalties and fees.
Stay compliant and hire a reliable, credible agent who be there because not because you pay him, but sincerely cares for your Georgia small business. Good luck my friend!
Your Registered Agent should not just be a professional and competent individual or business service, but also needs to be reliable.
Aside from this, you have to do homework to see if an agent has a real working office because legal documents are usually delivered during normal banking hours. These are just some suggestions, at the end of the day, the decision is up to you.
Please note that this guide is not legal advice and is for informational purposes only. If you have any specific questions about your business, speak with a local professional.