Most states require that a registered agent be listed for the business in the state of incorporation or a state in which it is doing business. The state will suspend any company if it fails to maintain an agent. The purpose of the Registered Agent (sometimes referred to as a Resident Agent) is to maintain a consistent physical legal address in the state in which it is incorporated or doing business. It also will receive governmental and legal correspondence, including your annual report, any delinquency notices and many other documents that your company may be required to respond or take action.
How much does it cost?
Registered Agent fees are $159 per year payable in advance. You may cancel registered agent services at anytime as long as you provide proof that another agent has been named in the state of incorporation or that the business is no longer active. Remember, in order for your business to maintain good standing status it must also maintain a Registered Agent.
Source: http://www.infotaxsquare.com
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