3 ms·

Can you explain a bit more about the $99 yearly/annual agent renewal fee?

• cfield 14y ago
  The $99 annual fee is to pay for the services of someone who acts as the company's registered agent in Delaware, as required by Delaware law. Delaware and nearly every other state require that a company designate a person or company resident in that state to receive certain correspondence from the state and to receive service of process if the company is sued. This person is usually called a "registered agent", "statutory agent" or "agent for service of process".