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What does a registered address mean in simple terms?
What’s essential to know?
In this article, I will break down the meaning of Registered Address so you know all there is to know about it!
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What Is A Registered Address
You’re looking to start a new business or fill out a form and you’re asked to provide your registered address…
What is your registered address?
In essence, your company’s registered address is where your company is able to receive official notifications and service of process.
Every company in the United States is required to have a registered address located in the state where they are formed and in every state where they are registered.
Companies are legally required to have a registered address to comply with their registration requirements.
Why Companies Need A Registered Address
The main purpose of your company’s registered address is to ensure that your company will receive legal notices, service of process, lawsuit notifications, and other official correspondence.
Typically, someone should be available at the registered address during normal business hours to receive important letters and legal notices.
Having a registered address ensures that all companies can reliably receive their legal notifications in case the government or third parties need to notify something important to the business.
Another important reason why companies need a registered address is that it is the place where the company must keep and maintain its corporate minute book and records.
To ensure corporate transparency, companies are required to keep their statutory registers at their registered address.
This is particularly true for publicly traded companies.
What Counts As A Registered Address
The registered address is a place that is physically located in the state where the company is formed or registered and where it can reliably receive important correspondence.
If a company has an office, a store, or a business location that is generally open during business hours and that is physically located in the state where the company is formed, that address could serve as its registered address.
For larger companies, they can choose their headquarters to be a registered address, any office address, or an establishment within the state.
A business owner of a small company can also provide his or her home address as the company’s registered address.
Registered Address Requirements
It’s important that you verify the requirements of the state where you’re looking to form your business entity or register a foreign entity to ensure you comply with the registered address requirements.
Different states adopt different rules when it comes to designating a registered address.
In some states, you can only designate the address of your registered agent as your registered address while in others your company can designate its own address as a registered address.
Having a registered address is quite important as it ensures that every legal entity can and will receive legal letters.
The idea is to ensure that legal entities and business owners remain accountable to others without having any possibility of arguing that they did not receive their mail or were unaware of the notice.
Companies Offering Registered Addresses
In some situations, a company may not have a physical office address located in the state where it does business.
Also, e-commerce businesses or those operating virtually may not have registered addresses to use.
How will these companies comply with the requirement of designating a registered address?
The solution is to work with registered agents.
In fact, there are companies where their business model is to provide registered addresses to legal entities allowing them to comply with state laws.
For example, a small business without a physical address can choose to enter into a commercial engagement with a registered agent who will allow the company use its address as its registered address.
This is useful for companies that do not have any physical offices to designate or small business owners that do not want to designate their home addresses as their registered addresses.
Registered Address vs Business Address
What is the difference between a registered address and a business address?
A registered address is any physical address where a company can always receive official correspondence.
For example, a company can choose its headquarter address to be its registered address to the extent it is physically located in the state where the company’s registered and that it’s open during business hours.
In addition, the companies are required to maintain their legal entity documents and records at their registered address as well.
On the other hand, a business address is where the company performs various business activities.
For example, a business address can be an office address, a store, a warehouse, or any other business establishment.
A business address can be used by the company in any way it deems appropriate.
In other words, if the company wants to close its business address for some time, keep it open during business hours, or not allow the general public to enter, that’s the company’s decision to make.
So there you have it folks!
What is a registered address?
A registered address is the official address of a corporation, limited liability company, partnership, association, or other legal entity.
The registered address must be a physical address where companies can receive official correspondence from other companies, clients, investors, governments, tax authorities, or others.
Typically, the registered address will be publicly disclosed and available in business entity register databases.
Now that you know what is a registered address, good luck with your research!
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