GeekOverGears.com | All Things Automotive

Everything to know about registered agents

A registered agent is a person or organization that serves a corporation, a limited liability company, a limited liability partner, or a limited partnership by receiving official papers on the business’s behalf. Appointing a registered agent is one of the compliance requirements of running a business. As this is an essential part of setting up a business, it requires careful consideration. So, here are some of the functions, processes, and services of a registered assistant.

Functions of a registered agent
This person or organization is appointed by the business and follows instructions and authorization of the body to receive legal documents presented to the business. This also involves receiving all official communication from the government regarding the business. Communicating with the registered agents is as good as communicating with the companies directly as they have the authority to represent the business. One of the main and most essential functions of an RA includes receiving and then forwarding the “service of process” to the right person in the corporation. Usually, the appropriate person to whom this document is forwarded is the lawyer of the company; however, in some cases, a company official will receive the document to send to the lawyer.

Service of process
This is a procedure in which one party gives legal notice to another party and provides an appropriate time to respond. All organizations should have a lawyer based on the understanding that every company could possibly be involved in a lawsuit. So, it is important to put procedures and the right people in place to handle such situations.

Need for a registered agent
According to law, the states make it mandatory for companies to appoint registered agents. This is done to ensure that when a legal document is served to the company, it is given to a responsible authority to ensure it reaches the right person. It is important to follow such procedures to file a timely legal response, which can only be ensured when the documents are presented in a given amount of time. The government’s statutes and rules try to ensure that companies hire registered agents to have a dedicated person who can receive the “service of process”.

Appointment process
The appointment of the registered agent is accomplished by adding their name and address in any of the following documents:

Articles of organization
Statement of LLP registration
Articles of incorporation
Certificate of limited partnership

In some companies, the signed consent of the registered agent is also required to avoid any loopholes, and if you are changing your RA, you need to inform the State.

Corporation without RAs
In such cases, states are forced to penalize the organization for non-compliance. The companies may also lose their license to do business in the region. It is important to comply with the law by hiring a responsible RA to avoid getting caught in a complicated legal matter, as it will make business difficult to sustain.

Hiring a top-registered agent to handle legal proceedings for a business in Mexico is always a good idea. Several business owners prefer Northwest Registered Agent, Zenbusiness, and Incfile. You can also consider other legal agencies like LegalZoom and Rocket Lawyer.

Mexico is the second-largest economy in Latin America and a hotspot for entrepreneurs looking to set up their LLCs. The best part is that only two shareholders are required to set up an LLC in Mexico. If you are looking to set up your LLC in Mexico, a reputed registered agent can guide you with the end-to-end process. So, consult a registered agent, and welcome new entrepreneurial beginnings in Mexico.

Popular Reads

4 Small Pickup Trucks to Choose From

Small pickup trucks were once primarily used for hauling farming or construction equipment. Today, these vehicles also offer massive cargo space, extravagant passenger features, and rugged capabilities. And if you’re looking for such a vehicle, the number of options and price ranges can overwhelm you. To help filter your requirements is the first step to take. To shortlist your choices, here are our top four pickup trucks that truly give you bang for the buck. 2013 Toyota Tacoma The 2013 Toyota Tacoma is still a very popular truck for the regular pickup driver. It comes in different trim variants and is loaded with a variety of features. Moreover, it gives you an impressive cargo capacity for its size, making it one of the best pickup trucks. Depending on your needs you can either choose a 2.7-liter four-cylinder engine that gives 159 hp or go for a higher 4.0-liter V6 engine that produces 236 hp. It’s available in both five-speed manual transmission or four-speed automatic transmission. You can even opt for a four-wheel-drive in case you offroad a lot. 2016 Chevrolet Colorado The 2016 Chevrolet Colorado is a comfortable ride with spacious and exquisite interiors. It is a compact truck that can be easily driven in the city while offering the capabilities of a full-size truck.

5 affordable crossover SUVs you can buy without thinking twice

Crossover SUVs offer tons of versatility in functionality at practically very affordable prices. Suitable for cargo as well as passenger transportation, crossover SUVs provide the best of both worlds. In addition to being a perfect combination of a passenger car’s fuel economy and a small truck’s cargo capacity, crossover SUVs prices are more pocket-friendly. Crossover SUVs bring in the sturdiness of a pickup truck, spacious cargo hold of hatchbacks, and passenger comfort of a minivan or a wagon. No wonder crossover SUVs have quickly become popular. If you are planning to buy one, here are some popular ones at affordable crossover SUVs prices. Hyundai Kona: With prices starting from $20,100, the Hyundai Kona has one of the most affordable crossover SUVs prices. At a budget price, this crossover SUV is replete with outstanding and significantly good features. These include a stylishly quality cabin with a user-friendly infotainment system, good crash test ratings, and agile handling. At such an affordable price tag, this crossover SUV is a catch. Kia Sportage: The Kia Sportage can easily accommodate five passengers within its spacious cabin. With a price starting from $23,990, the Kia Sportage is a compact crossover SUV that gives decent performance powered by an efficient four-cylinder engine.

What to consider before buying a Chevy Silverado 1500

Chevrolet has been a household name in the automobile industry for over a hundred years now. The auto giant earned a reputation for manufacturing some of the best pickup trucks in recent years and the Silverado series is one stellar example. The Chevrolet Silverado 1500 is by far the strongest and technologically advanced pickup designed to get the job done, period! A bigger engine, better transmission, and stellar off-road capabilities rank the 1500 trims in a class of its own. Here are some of the key highlights of the pickup truck. Trims The Chevy Silverado 1500 is a true commercial workhorse that offers eight trim variants and three custom special editions. The heavier V8 engine trims can haul heavy loads for long distances, while the lighter Turbo trims offer the best fuel economy in its class. Towing and trailering also play an important role when it comes to choosing a trim variant. Engine and transmission The bigger the engine block, the more powerful is the pickup. You get multiple options for engines, including your standard V6 or V8 and the more fuel-efficient Duramax® Turbo-Diesel. The Silverado 1500 comes with a 4.3L V6, 5.3L V8, or a 6.2L V8, all great engine blocks for the heavy trims.