Corporate Registrations
Secretary Of State
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Patton Compliance has the resources to obtain corporate registrations quickly and efficiently. We have also arranged volume pricing with registered agent providers, due to the high number of services we retain for our clients, and as a result can secure registered agent services for your company at very competitive pricing.
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Talk to us about how we can help you quickly obtain new registrations, secure compliant and cost effective registered agent services, and efficiently manage ongoing annual reporting requirements.
1
Initial Registration
Before it will issue an insurance license (TPA, agency, adjuster), many state insurance departments require verification that a company has first registered with the secretary of state's office as an out-of-state company authorized to do business in the state. This applies to corporations, LLC's and partnerships, and other types of business entities. And unless the company has an office or physical address in the state, the company is required to retain a "registered agent" to receive service of process and other governmental and legal documents on behalf of the company.
The corporate registration and registered agent process can be time consuming, and if not completed efficiently can cause delays in the insurance licensing process itself.
2
Annual Reporting
Patton Compliance provides corporate registration annual reporting services for many of our TPA, insurance agency and adjuster clients. We can save you time and money with our annual report processing services, which include:
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Track renewals for all states where client holds registrations
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Notify client of upcoming renewals
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Prepare renewal paperwork
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Provide to client for completion and/or provision of tax information, etc.
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Prepare fee check
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Process renewal applications and provide to state
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Process renewals online to the extent allowable by each state
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Provide Registered Agent services
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Maintain compliance and good standing for all client registrations
3
Registered Agent
WHAT IS A REGISTERED AGENT
(and why do we need one)?
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A registered agent receives legal, tax, and other documents on behalf of a business in the state or states where the business holds a registration with the secretary of state. The registered agent can also receive services of process when a business entity is a party in a legal action. Either a member of the company or a third party (like a lawyer or service company) can act as a registered agent, provided the agent has a physical location in the state that is open during regular business hours to receive documents.
A registered agent is legally required in order for a company to register with a secretary of state in any given state or states. Patton Compliance can provide registered agent services for your company so that you can qualify to obtain necessary corporate registrations. We have negotiated competitive rates for registered agent services and in many cases our rates are lower than what your company may already be paying a third party registered agent service.