Foreign Businesses: Requirement to Register U.S. Agent
New rules require foreign businesses operating in the U.S. to register a U.S.-based agent. This aims to simplify legal and regulatory contact with these companies, increasing transparency and security for citizens and other entities. Citizens will have easier access to information about foreign companies and the ability to assert their rights.
Key points
Foreign businesses must appoint and register a U.S.-based agent for legal matters.
Agent contact information will be publicly available on the Department of Commerce website.
Registration implies consent to U.S. court jurisdiction for disputes.
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