People may come across the term “statutory representation” after forming a Delaware company and may not know what it means. IncNow provides Delaware statutory representation services – otherwise known as registered agent services – to its customers for whom IncNow forms Delaware LLCs and Delaware corporations.
What Is Delaware Statutory Representation?
Registered agent service is sometimes referred to as “statutory representation,” because to have a company in Delaware, the Delaware General Corporation Law and Delaware LLC Act both require having at all times a Delaware registered agent.
What Is the Purpose of Delaware Statutory Representation?
Delaware law requires the registered agent to be located in Delaware, be available during business hours to receive service of process and certain other notices from the Delaware Secretary of State directed to the customer, and retain the communication contact information for each customer.
Other than naming a Delaware registered agent, the customer does not need to have an office, address, or even a bank account inside Delaware. The reason for this is because the state of Delaware needs personal jurisdiction over companies registered in the state to ensure proper service of legal notices within the territory it controls.
Some benefits of using IncNow for statutory representation include reasonable pricing, expedient turnaround, and professional attorneys that manage the business.
IncNow makes it easy for business owners all over the world to form a company in Delaware by offering statutory representation services for $99 per calendar year (the balance of the year through December 31st). Invoices for these services are sent to customers on October 1st of every year for the next calendar year renewal.
Unique to IncNow, when you form your company after July 1st before the end of the calendar year, then the following calendar year’s statutory representation service will be included, providing you up to 18 months of service at the time you start your company.