All businesses regardless of entity type are required by the state of Indiana to hire a professional registered agent to maintain its operations. To comply with this requirement, designate and maintain a registered agent before launching your business.
An Indiana Registered Agent, also known as a resident or statutory agent is a professional who will serve as your third party representative. He/she will play a vital role in your Indiana small business. A registered agent’s main role is to keep your documents and mails in check so you’ll never get blindsided.
To make sure that you maintain your Indiana small business’s good standing and reputation, you need to keep and record all important information in its proper place – this is one of the many tasks of your Indiana Registered Agent. To help you designate a competent registered agent, the following are some of the basic requirements that you need to look for in a candidate.
If you want to set more requirements and standards, you can also do so. Take into consideration the track record of the agent; look into experience and efficiency by checking out reviews and client feedback.
Need more information why you need to hire an Indiana Registered Agent? This article will introduce you to 5 solid reasons, enabling you to understand the role of these professionals in your business.
When hiring for an Indiana Registered Agent, state-specific requirements should be strictly observed; one, for compliance of requirements; and two, to legally incorporate as a business entity in the state. Aside from these state requirements, an Agent should also have a few other characteristics as a professional to handle all your legal notifications.
For Indiana state requirements, the state permits any qualified individual or a domestic or foreign business entity registered to operate in the state to act as a Registered Agent.
In addition, the individual should also be a resident of the state. A physical address within the state should also be presented by the Registered Agent (note that a PO Box is not acceptable). Lastly, the individual or business entity should accept the position before the actual position designation.
One of the reasons why you need to designate an Indiana Registered Agent is for long-term representation.
Aside from being a requirement, you will definitely need an agent in the long run because you’ll have to focus your attention on managing your Indiana small business. You will most likely have limited time when it comes to dealing with other aspects of your business such as accepting or receiving your own mail.
As your third party representative, your Indiana Registered Agent will be in charge of receiving, sifting, prioritizing and notifying you of any documents that need immediate attention. They will also be responsible for forwarding important paperwork to the right people.
In general, an Indiana Registered Agent will make your life easier. You don’t have to worry about anything no matter how busy you are because your agent will handle almost everything for you and your business. Your only job is to manage your Indiana small business well and lead it to success.
Running an Indiana startup is highly risky, you will be able to encounter people who will sue or file a case against you for a variety of reasons. To notify you of lawsuits, the proper court will issue a service of process notice, usually served by your local law enforcement. Just imagine having police officers at your establishment; it will not only disrupt your business operations, it will also cause a ruckus.
No matter how small or false the case is, lawsuits are perceived by people as something negative, it will not be good for the morale of your employees and it will certainly leave a negative effect on your customers. Most important of all, it will ruin your business reputation and invade your privacy which you’ve worked so hard to maintain.
If you have an Indiana Registered Agent however, you will be able to redirect all your mail to your agent’s street or office address. All documents, including your service of process notices will be sent to your registered agent instead of your business address.
Your Indiana Registered Agent will be available most of the time, there are even those who will go way past their business hours and they will also be open from Mondays through Fridays. With this, all documents mailed to you will be received promptly and they will also be opened and read early.
If there’s anything that needs your attention, you will be able to know about it right away. You won’t have to go through bulk mail and read your mail all by yourself, which by the way are quite difficult to understand sometimes.
Whether you want to focus more on your work, or you want to take a much needed break, you can do so because you have an Indiana Registered Agent who will take charge of everything for you. While you’re away, your agent will be there to continue accepting your mail.
All you have to do is open your lines of communications so that if your agent contacts you, you can receive the communication promptly. There are also other job functions which are included in the scope of a registered agent. If you forgot to comply with a minor requirement, you can ask your agent to do it for you, which leads us to the next reason.
Most entrepreneurs have no idea about this function of a registered agent. These professionals can actually assist you in complying with state requirements. Don’t get stressed by doing all the work yourself, you can actually ask help from your agent.
Whether it’s renewing your business licenses and permits, preparing and paying federal and state taxes or filing reports, an Indiana Registered Agent will fully assist you. You can even ask him/her to work on other tasks within his scope for an additional fee.
When you hire an Indiana Registered Agent, don’t treat it as something that the state is forcing you to do; you have to see the importance of your registered agent to be able to choose the best one. To make sure that you don’t miss anything, hire a competent agent who does not have a record of absenteeism, tardiness and inefficient record keeping.
If you don’t follow this mandatory requirement, it can affect your business negatively; you will not be able to apply for loans, you’ll find it difficult to encourage investors and you may even find it challenging to file a case before the courts if you encounter legal problems in the future. The worst consequence would be the revocation of your entity status barring you from continuing to operate.
To avoid all possible problems, hire a competent and professional Indiana Registered Agent who will truly care about your business, someone who will work hard to go above and beyond from his incremental duties.
As mentioned previously, a Registered Agent’s job is not just any run-of-the-mill position. It is important for the smooth operations of your business. Qualifications and reputation should be on your to-hire list when looking for the individual/business entity to qualify for the position.
A highly recommended option when hiring an Indiana Registered Agent is through a Registered Agent service. For simple, effective legal compliance, IncFile and LegalZoom meticulously match a Registered Agent to your specific business requirements to ensure that you can get the best out of the registered service.
With compliance, confidentiality, and convenience in mind, taking care of legal notifications is made easier. Each company caters its services to all states across the country with experienced professionals, guaranteed to protect your business’ reputation and take care of your legal notifications.
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.