FREQUENTLY ASKED QUESTIONS ABOUT NEVADA REGISTERED AGENT
Who is a Registered Agent, and is it necessary to have a registered agent?
A registered agent is a responsible third-party who is located in the same state in which the business entity is being created. This agent is designated to get all the service of process notices from the Secretary of State and other government notifications for the company. The notices normally include the notice of lawsuits, tax forms and so on. These are all collected by the registered agent on behalf of the LLC or corporation.
If you do not have a physical location in the state in which your business is registered, it is very important for you to get a registered agent who will accept all the documents on your behalf. This means that it cannot be avoided. In short, the state will need a contact person to be available during the business hours. P.O. Boxes are not acceptable as registered agents.
A business that does not choose a registered agent will risk falling out of the “good standing” status with the state in which it has been registered. And the penalties can include revocation, fines, and the inability to enter into legal contracts and/or gain access to the state court system. Furthermore, the reinstatement proceedings include further filings and expenses. So, it is very important that you select a registered agent when forming your company in the USA. IncParadise can help you by being your registered agent. Contact us to know more!
Does my Nevada business need a registered agent?
Yes, your LLC or corporation in Nevada needs a registered agent as per the USA laws and the state laws. It is important for every company formed and running in Nevada to designate and maintain a “registered agent” in the public records of that state. In fact, there is a law that says this. As per the NRS 77.390 and NAC 77.015 of the Nevada Revised Statutes and Administrative Codes, and NV Rev Stat § 86.231 (2013), a business entity has to have a registered agent to enable the service of process.
The failure to maintain a registered agent can lead to dissolution or revocation of the legal status of the business. And with this, you will not be able to transact any business deal within the state. That is where IncParadise can help you in working as a registered agent, being a bridge between the Secretary of State and the business.
Can I use my business address as my registered agent’s address?
Yes, an individual is permitted to like their own registered agent in Nevada. But you will need to have a physical address in the state. This means that your business address cannot be a P.O. Box but a physical address if you will be giving it as the registered agent’s address. Additionally, the person (registered agent) has to be a resident of the state.
Being an agent, you have to be available during the business hours through the week to accept or sign any notifications or legal documents sent by the state. It is very important to understand that a government official or sheriff can visit the physical address offered for getting the sign on legal documents when the business gets sued or for any other reasons.
How do I change my registered agent in Nevada and how much will it cost?
It is very easy to change the registered agent in Nevada. All you need to do is fill out the Change of Registered Agent form for the state of Nevada and submit it with the office of the Secretary of State. If you are signing up for IncParadise to offer this service for you, we will take care of filling this form. Once the form has been submitted, it takes about a week or two to have the registered agent changed.
The price for this is $89 per year at IncParadise. But there is a special price for you at $40 for the first year and $89 for the following years! Here is how the process would be at IncParadise to have your registered agent changed to us:
- We will fill and sign the paperwork for the Change of Registered Agent.
- You will sign it and submit it to the Secretary of State. The details of the mailing process will be sent to you by us.
- You will have to pay the one-time fee of $60 that is paid directly to the Secretary of State for filing the change of Agent. For this, just add a signed check with the signed form when submitting it.
Commercial Registered Agent vs Non-commercial Registered agent: What is the difference?
A commercial registered agent should have filed a Commercial Registered Agent Listing with the Secretary of State. This agent has to be living in Nevada, or a company registered in Nevada to offer such services. On the other hand, the non-commercial registered agent does not have a Commercial Registered Agent Listing filed with the Secretary of State. But the rest of the rules are the same just as the commercial registered agent.