Nonprofit organisations in Delaware will almost certainly need to designate and have a registered agent.
A registered agent receives any official documents from the State of Delaware, as well as any service of process filed on a firm in a litigation.
A registered agent is a professional who will represent your company to the Delaware Division of Corporations while you do business. Registered agents are sometimes known as resident agents, statutory agents, or service of process agents in certain jurisdictions.
Typically, your registered agent will receive mail on your behalf, such as compliance information and tax notices. Registered agents are also in charge of receiving process paperwork. This simply implies that your registered agent will receive court summons and paperwork on your nonprofit’s behalf if it is sued.
The following are the criteria for registered agents in Delaware:
As long as they complete the qualifications outlined above, anybody may act as your nonprofit’s registered agent. You may choose to be your nonprofit’s registered agent, or you can designate a member of your board of directors or a trustworthy friend.
If you decide to serve as your organization’s registered agent, you must grasp the significance of this role. If you miss a filing date or misplace a document, your nonprofit’s compliance status may be jeopardised, and the Division of Corporations may revoke your nonprofit’s company registration.
Many organisations and other companies engage a professional registered agent service to guarantee that their company is always in compliance.
Before you choose a Delaware registered agent service, think about the benefits and drawbacks of this technique.
There are various reasons why you should consider employing a registered agent service for your nonprofit organisation. This strategy, in particular, can:
The sole downside of using a registered agent service is that it is expensive, while you may serve as your own registered agent for free.
While employing a professional registered agent service is a good idea for many reasons, in other cases it is required. If you answered “yes” to any of the following questions, your organisation should use a registered agent service.
When you submit your Delaware nonprofit’s Certificate of Incorporation, you must choose a registered agent. In Delaware, the fundamental nonprofit creation document is the Certificate of Incorporation.
Download the Certificate of Incorporation and use it as a guide to create your Delaware nonprofit’s Certificate of Incorporation. This document will include the name and contact information for your registered agent.
You may file your Certificate of Incorporation with the Delaware Division of Corporations in two ways: by mail or by uploading a PDF copy to Delaware’s eCorp Business Services website. Along with both filing choices, you must provide the $89 filing fee (plus $9 for each extra page).
Simply fill out a Certificate of Change of Registered Agent/Office form and submit it to the Delaware Division of Corporations together with the $5 filing fee to officially change your Delaware nonprofit’s registered agent.
When you work at a charity, you have more essential things to worry about than monitoring the mail, submitting legal paperwork, and remembering compliance deadlines. A registered agent can help you with that. When you engage a professional registered agent service, you can put these responsibilities in their skilled hands and completely concentrate on what is most important to your firm.