I'm starting an LLC and need to understand what a Registered Agent is. Based on the information on howtostartanllc.com, what is their main role, what physical requirements do they need to meet, and why is it generally required when forming an LLC or corporation?
Navigate to the 'Registered Agent' page on howtostartanllc.com. Locate and extract the definition and primary function of a Registered Agent. Identify the physical address and business hours requirements for a Registered Agent. Determine the reason why a Registered Agent is required for an LLC or corporation. Synthesize the gathered information into a concise answer.
State that a Registered Agent is an individual or organization responsible for receiving legal and tax documents on behalf of a business. State that a Registered Agent must have a physical address in the state and keep normal business hours. Explain that most states require a Registered Agent when forming an LLC or corporation.