The role of a process agent is a vitally important service for many overseas businesses dealing with suppliers or tenders in the UK, or raising a loan from a City institution. In respect of the latter, the lending bank will require the appointment of a UK based process agent to receive formal notices should the borrower default on the loan.
UK process agents (also known as agent for service of process, registered agent, registered agent for service of process or resident agent) accept service of notices, proceedings or documents on behalf of their overseas clients in situations where, usually because of contractual obligations, it is not possible for them to be served abroad.
Under English court procedure rules, it is necessary to serve papers to start proceedings correctly. If a party does not have an address within England, the process for serving these papers abroad is lengthy and complicated. It is therefore customary – and indeed often required by the UK entity supplying the service or loan – for the overseas entity to appoint a UK process agent and agree that service at the address of the process agent will constitute proper service for the purposes of the court procedural requirements.
A process agent can also act in a broader capacity for the appointing company, including acting as a process agent for court actions, receiving documents in connection with arbitration proceedings, and receiving notices under contracts where an independent party is needed.
London Registrars can offer you a comprehensive and cost effective service as a process or service agent which will enable you to comply with your contractual obligations and give you the confidence of knowing that you have a dependable company in England representing your interests.
London Registrars Process Agency Ltd now has a branch office in Berlin and can act as process service agent in Germany as well.
The team that deals with our process agency work both for the UK and for Germany is based in our offices in central London. We are dedicated to providing an efficient service and well aware that speed and efficiency are needed when setting up a process agency agreement. Hence we always try to set up your agreement on the same day that we receive your instructions and remittance.
Our charges vary, depending on the number of appointors requiring process agency cover, the number of agreements to be covered, and the duration of these agreements. You can review our terms and conditions and a matrix of our charges by downloading the process agent brochure.
If you would like to talk to someone in more detail about your particular enquiry, please speak to Shaheda Begum on 0044 20 7608 0011, or complete the process agency form and email it back to [email protected] or fax to 0044 20 7608 1373.