Startup Terms Glossary
What is a Registered Agent?
A registered agent is a hired entity whose job is to act as a liaison between a startup and the local or federal government. These agents work to make sure that companies are aware and fully informed on any legal proceedings or complications that are being brought against them. The necessity of hiring a registered agent depends on the size of the company, since small startups can save money by acting as their own registered agent.
Registered Agent Examples
Examples of the points involved in a registered agent:
- Point 1. Ensures companies have due process
- Point 2. Must be 18 years of age or older
- Point 3. Must reside at a United States address
- Point 4. Must be physically present at business address during business hours
Here’s another web page about a registered agent.