I'm planning to start an LLC and need to understand what a Registered Agent is. Based on the information on howtostartanllc.com, explain what a Registered Agent does, what physical presence requirements they must meet, and why most states mandate their designation when forming a business entity.
Navigate to the 'Registered Agent' page on howtostartanllc.com. Identify the primary function of a Registered Agent. Locate the physical address and business hours requirements for a Registered Agent. Determine the reason why a Registered Agent is generally 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 to ensure a reliable point of contact for official communications.