A NOTE FROM LETICIA
Registered Agent & Compliance Manager
Every so often, we’re reminded that even some of our long-standing clients aren’t aware that we offer nationwide registered agent services. Although we’ve provided this service for decades, it’s one of those offerings that can fly under the radar—especially if you’ve primarily worked with us for your entity formation and document retrieval needs.
If you’ve partnered with us for a while, you might have noticed two names: Parasec and Paracorp. While our official name is Paracorp, Incorporated, we do business as Parasec. Internally, we refer to Paracorp as our registered agent division. Regardless of the name you recognize, you can trust that it’s the same employee owners and the same dedication to service.
Our registered agent services are available in all 50 states, the District of Columbia, and various U.S. territories. We serve businesses of all sizes—from small entrepreneurs to large corporations—providing prompt delivery of legal documents, privacy protections, and ongoing compliance support. Clients also gain access to ParacorpPlus™, our secure online platform designed to simplify the management of entities, deadlines, and documents.
Whether you’re overseeing a single company or a multi-entity portfolio, having a reliable registered agent is essential for maintaining good standing. And when that agent is supported by decades of expertise along with a knowledgeable and responsive support team, it can significantly impact your operations.
If you were not aware that we offer this service—or if you are currently using another provider and considering consolidation— we’d love the opportunity to support you. As always, feel free to reach out with any questions. We’re here to help.
Industry News
Arizona: ACC Introduces Fraud Safeguards
To better protect Arizona business owners, the Arizona Corporation Commission (ACC) has adopted four new policies focused on verifying filer identity, clarifying signing authority, and confirming active LLCs.
Policy highlights include:
• Requiring two forms of ID when filing on behalf of a business
• Introducing an optional Signing Authority Form for LLCs
• Requiring periodic Attestations of Existence for LLCs
• Allowing custom Annual Reports and Certificates of Disclosure, if they meet statutory requirements
These changes aim to strike a balance between fraud prevention and ease of filing for legitimate business owners. Implementation timelines vary. Some policies took effect in mid-June. As Arizona prepares to launch its new online filing platform later this year, Parasec will continue to monitor developments and keep our clients informed. Read the full press release here.
Colorado: Registered Agent Changes
Colorado is updating its registered agent rules effective July 1, 2025. Are you prepared? Under House Bill 24-1137, individuals acting as registered agents in Colorado must verify residency with a valid state ID or complete an alternative address verification process—which could delay filings. Entities serving as registered agents must be registered and in good standing with the Colorado Secretary of State. If you or your clients form or manage business entities in Colorado, these changes might affect your filings.
To prevent delays and stay compliant, consider appointing a commercial registered agent. Paracorp, the registered agent division of Parasec, has been providing dependable registered agent services across the country since 1987. We also offer comprehensive annual report services to help keep your business in good standing.
Questions? Reach out to our registered agent team at paracorp@myparacorp.com. For more information, read our blog post on the topic here. You can also visit the Colorado Secretary of State’s informational page here.
Delaware: Trade Name Changes Postponed
Delaware has postponed the implementation of its new centralized trade name registration system, originally scheduled to be established by June 2. With the recent passage of House Bill 177, the effective date for the changes introduced in HB 40 has been moved to February 2, 2026. Once in effect, HB 40 will streamline the trade name registration process by replacing county-level filings with a statewide registry managed by the Delaware Division of Revenue. Additionally, HB 40 introduces a special trade name license for businesses not operating in Delaware but wishing to register a trade name.
The delay offers businesses and legal professionals additional time to prepare for the changes and ensure compliance. At Parasec, we’re staying ahead of these developments to help our clients navigate Delaware’s evolving regulatory landscape.
Idaho: New Filing Requirement for Credit Unions Begins July 1
Effective July 1, Idaho credit unions are required to adhere to new filing requirements as mandated by House Bill 181. Under this new regulation, credit unions must submit their articles of incorporation directly to the Idaho Secretary of State and remit the necessary filing fees. Previously, a copy of the articles had to be filed with the county recorder’s office in the county where the credit union’s principal place of business was located. That requirement has been eliminated. To read the full bill, visit this link.
Idaho: Updated UCC Filing Requirements Take Effect July 1, 2025
Idaho House Bill 227, effective July 1, 2025, amends existing law to require that the Secretary of State prescribe specific financing statement forms that comply with the Uniform Commercial Code. Prior to this amendment, the law referenced forms dated 2011. The new legislation modernizes Idaho’s approach by adopting the 2023 standardized forms revised by the International Association of Commercial Administrators (IACA). Read more here.
Oregon: Address Requirements Updated
Oregon House Bill 3588, signed into law and effective May 27, 2025, prohibits mail forwarding services, virtual offices, and Commercial Mail Receiving Agencies (CMRAs) from being used as the main business address, registered agent address, or other required contact addresses for business types. There is one exception to this rule: the Secretary of State will accept a CMRA address as a business entity’s principal office or address, provided that the CMRA’s physical street address matches that of the entity. The Secretary of State possesses the authority—though not the obligation—to review business filings for compliance. Entities that submit filings using unapproved addresses may experience delays or face rejection. Additionally, the bill also provides a confidentiality option, allowing businesses to request that their physical street address be kept private and not disclosed publicly. To read the full bill, go here.
South Dakota: Annual Report Filing Fee Increases
Effective July 1, 2025, South Dakota House Bill 1024 amends various filing fees collected by the Secretary of State. Key changes include an increase in the filing fee for most entity types’ annual reports from $50 to $55, as well as an increase in the fee for amended annual reports from $25 to $30. Additionally, the late fee for delinquent annual reports has risen from $50 to $55. To access the bill in its entirety, go here.
West Virginia: New Law on Administrative Dissolution of Nonprofits
Effective July 2, 2025, West Virginia Senate Bill 525 clarifies the procedures the Secretary of State must follow when administratively dissolving nonprofit corporations. Under the new law, if the Secretary of State determines that a nonprofit meets the criteria for administrative dissolution, the office is required to provide the organization with written notice, including the specific grounds for dissolution. The nonprofit then has 60 days to either correct the issue or demonstrate that the stated grounds do not exist. If the nonprofit fails to resolve the issue(s) within the specified timeframe, the Secretary of State will sign and file a certificate of dissolution. To learn more about the grounds for administrative dissolution and review the full legislative text, please visit this link.
Please note: This newsletter provides brief summaries of the included bills, many of which are comprehensive and nuanced. These overviews are not intended to capture all potentially relevant provisions. For comprehensive and up-to-date information, we recommend reviewing the full text of each bill on the appropriate state legislative website.
Service Spotlight
Managed Annual Report Services
Parasec’s Managed Annual Report Service (MARS) keeps your entities compliant—accurately, on time, and without the hassle. Annual reports are required to maintain good standing, and missed deadlines can result in substantial penalties or even administrative dissolution. With MARS, we perform entity audits, track deadlines, prepare filings, and submit reports on your behalf. Whether you manage a single-entity startup or a complex multi-entity portfolio, MARS scales to fit your annual compliance needs. Want to learn more? Our compliance specialists are ready to simplify your annual report management—so you can stay focused on what matters most and never miss a filing deadline again. Reach out today to get started. Email us at RAinfo@myparacorp.com.
Client Testimonial
“We really appreciate the guidance Parasec offers to get our entity documents filed on a timely basis. The agent help makes our work less stressful.”
~ Elizabeth T., Legal Secretary