Minnesota Registered Agent
Let’s talk a little bit about finding a registered agent in Minnesota.
What is the reason for statutory agents in the first place?
Back in the good old days, you just tended the farm and paid your taxes to the king. Eventually, economies evolved, new business structures like corporations and limited liability companies emerged. These types of business structures were created to protect business owners from liabilities and provide tax advantages. Companies are furnished stature that is independent from the person or persons who start them. Sadly, it didn’t take very much time for people to work out that they could dodge legal actions by personally hiding from servers of process. So, to tighten up that loophole, most jurisdictions require companies to designate a “registered agent.”
Describe the duties of a normal registered agent in Minnesota?
A statutory agent in Minnesota provides a legal address where a person is available during normal business hours. Your registered agent is responsible to receive legal documents and service of process on behalf of your business and then forward this paperwork on to your business. In addition, your registered agent will remind you of important filing due dates like annual report filings and other renewals. An Minnesota registered agent can also check to ensure your company is compliant with the state.
How does having a registered agent benefit my company?
Most importantly, appointing our registered agent service keeps your company in conformity to state law. In addition, we accept and scan any legal notice, service of process, annual report, or letter received into your client account locally in Minnesota. You receive immediate notification of any documents scanned into your Minnesota resident agent online account.
As an additional service, we also track your State annual report due date and forward you prompts with do-it-yourself links to file your paperwork on time with Minnesota.
Can I get in trouble if I don’t have or fail to maintain a registered agent for my business?
There can be ramifications for not maintaining your Minnesota registered agent. Penalties may or may not be assessed. The State of Minnesota may revoke your LLC or corporate certificate of authority if you don’t maintain your registered agent in Minnesota.