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From Wolters Kluwer:
The requirements that govern business entity compliance at the state level are varied and complex. In companies with multiple entities in multiple jurisdictions, the busy corporate legal department is hard-pressed to both monitor all requirements and efficiently comply with them.
The solution is to rely on an experienced, full-service commercial registered agent. A commercial registered agent is an entity that represents multiple entities, as defined in the Model Registered Agents Act. A commercial registered agent is the most qualified party to provide compliance protection, governance assistance, and help your department streamline litigation preparations. An experienced registered agent is uniquely positioned to minimize your exposure to risk by proactively combining two vital areas of knowledge: knowledge of your entity structure, and knowledge of each jurisdiction’s compliance requirements.
This article was submitted by Samantha Chapman, Indiana Secretary of State. If you would like to submit content or write an article for the Business Law Section, please email Kara Sikorski at email@example.com.