A business that is looking to operate in the state of Maryland should retain the services of a Maryland Registered Agent.
A Registered Agent is an individual or organization that receives, accepts, and forwards to your business service of process and other legal notices. Instead of legal documents going directly to the business owner, it is forwarded to the Registered Agent.
When starting a business in Maryland, the services of a Registered Agent is a necessity and a state-mandated requirement that must be met. Failure to retain a Registered Agent in Maryland will result to the non-registration of your business. As a state requirement, there are some regulations and restrictions to be observed when hiring an Agent.
This guide will discuss Maryland Registered Agent requirements and provide you with a viable option when hiring for one.
As mentioned above, a Maryland Registered Agent should meet several key criteria to qualify for the position. These criteria are set forth by the state of Maryland, and should be strictly adhered to become legally incorporated. For the Registered Agent position, an individual residing in Maryland and is duly registered to act as one can qualify for it.
A business entity whether domestic or foreign can also be a Registered Agent provided that it is legally registered to conduct business in Maryland. Before the position designation, the Registered Agent should give assent to receive the service of process. A physical address of the Registered Agent in Maryland should also be provided.
The Registered Agent should be present during business hours at the physical address provided to ensure that all legal notifications and mail are processed immediately.
When finding a Maryland Registered Agent, it’s not only important that you focus on statutory requirements. Reliability and efficiency of service should also be taken into account. This is why research is always a vital aspect of finding a qualified agent to be your business’ representative when it comes to accepting legal papers.
Next to statutory requirements, make sure that the Registered Agent has good standing when it comes to reliable services. A proven track record should come in handy when talking about this aspect. Also, the Registered Agent should be able to efficiently take care of all legal notifications, ensuring that every document is sorted, prioritized based on due date, and forwarded accordingly to the company.
There are several tens of options for a Maryland Registered Agent, but the following suggestions below are proven and tested reliable and efficient.