About Your Maryland Registered Agent
Let me tell you about why you need a registered agent in Maryland.
Why are there resident agents in the first place?
Back in the good old days, you just herded sheep and paid tribute to the king. Gradually, economies changed, new business forms like corporations and limited liability companies emerged. These various business entities were created to provide tax advantages and protect business owners from liabilities. Companies are afforded standing that is disconnected from the person or persons who put them together. Sadly, it didn’t take very much time for owners to understand that they could dodge business lawsuits by personally steering clear of process servers. So, to get rid of that loophole, most States require companies to designate a “registered agent.”
In a nutshell, who can perform the duties of a registered agent?
Your Maryland registered agent needs to be a business entity or person who is a legitimate resident of the state. A registered agent must be on hand to accept legal documents during normal business hours. Maryland registered agents have to provide a lawful, business address within Maryland.
How does my company benefit from having an Maryland registered agent?
Businesses in Maryland benefit in numerous ways by designating a resident agent. Most importantly, nominating a registered agent keeps your company in conformity to state law. With registered-agent.net as your Maryland registered agent, anytime you receive any service of process, legal notice, letter or annual report notice – we accept those on your behalf. In minutes, we’re uploading your documents into your customer account. You’ll get an instant notice of any paperwork we upload into your Maryland registered agent account. Additionally, we also keep track of your Maryland filing due dates and email you reminders with how-to links so you can complete your paperwork on time with the State of Maryland.
What if I don’t have or fail to maintain a registered agent for my business?
There can be repercussions for failing to maintain your registered agent in Maryland. Penalties may or may not be assessed. Maryland may revoke your corporate or LLC legal status if you fail to maintain your Maryland registered agent.