Most businesses that engage in international business are familiar with the term ‘process agents’ and may even know that they need one. However, many businesses don’t fully understand what process agents do or how they benefit their company.
Process Agent Services: Ensuring Smooth Legal Transactions in the UK
Process agents act as local representatives to accept legal proceedings, notices, and other documentation on behalf of companies that are not incorporated in the jurisdiction in which they operate. They also manage registration for taxes, subsidies, and other compliance documents on behalf of clients. Process agents save companies time and money by managing these tasks on their behalf.
Any motor carrier, freight broker, or private motor carrier that has a USDOT number and travels or operates across state lines must appoint a process agent. This is required by federal regulations in order to activate operating authority. Choosing the right process agent is vital to ensure that lawsuits are served promptly and privately.
When selecting a process agent, it is important to research companies thoroughly. Look for a company that has a history of reliability and integrity. It is also helpful to review contracts to ensure that you are clear on services offered, rates, and fees. Some process agents offer a flat, annual fee while others charge per service and/or location.
If you are a trucking or logistics business, consider working with a process agent that offers blanket agent coverage. This will save you the hassle of searching for individual states and submitting them to the FMCSA through form BOC-3.…