Request a callback
Tax Engineering

What is a resident agent?


Question

What is a resident agent and what are his responsibilities?

Answer

The Resident agent is the legal representative of your company in the country where it has been registered whether in an offshore or onshore jurisdiction. For the registration of an offshore company the participation of a resident agent is mandatory since the owner of the company or its directors can not directly incorporate an offshore company on their own.

The responsibilities of a resident agent are:

  • Register the offshore company in the jurisdiction chosen by the client.
  • Sign the incorporation documents.
  • Assign the first director of the company.
  • Represent the company and its directors legally before the authorities of the state.
  • Send and receive notifications and any possible legal documentation that affects the company.
  • Pay the company's annual government fees.
  • Settle the company according to client´s needs and guidelines.


Make a question or comment

Recent posts

What are the most famous tax havens?

How to transfer money to offshore?

Transfer prices: What are they? How do they work?

What are Holding Companies?

Characteristics of financial centers

Why do so many people move to offshore?

Dominica

United Kingdom

FINANCIAL SERVICES

Company formation

Bank accounts

Prepaid cards

E-commerce package

Payment gateway

Online gambling license

Private foundations