Paracorp Incorporated (dba Parasec), a leading global document filing and retrieval firm, just announced that it has entered into a comprehensive services agreement with LicenseLogix, a premier, New York based provider of business licensing services.
Under this new agreement, Parasec will provide LicenseLogix's business license research packages, as well as filing verification renewals, and license assessments to its clients. Parasec clients will also have access to the Client License Information Center (CLiC), a compliance tool developed by LicenseLogix which can be used to create, track, and renew licenses in every jurisdiction.
"We're always striving to offer the most comprehensive approach to entity management. Clients that are purchasing incorporation packages and registered agent services have a real need for business licensing, and LicenseLogix is the premier provider," said Matthew Marzucco, President of Parasec.
The addition of business licensing services adds to Parasec's current compliance offerings including corporate name monitoring, managed annual report services (MARS), and annual report filings, creating a single source for corporate compliance and due diligence, an area that can be difficult to navigate.
With the current budget deficit, licensing agencies have stopped sending renewal notices and started going after businesses that fail to remain compliant, bringing in huge revenues from penalties and late fees. This, coupled with the complexity of more than 150,000 filing jurisdictions across the country means that businesses found without the proper licenses, permits, and tax registrations stand to lose a considerable amount of money.
"We are excited to work with Parasec. We recognize their longstanding commitment to superior customer service and we share that core value. Managing a portfolio of business licenses can be very time-consuming for companies. Our experts understand license requirements and how to quickly navigate through the process in every state and every industry," said David Yount, Founder and CEO of LicenseLogix.
Based in New York, LicenseLogix helps streamline the process of business licensing for clients in all industries across North America and has become a premier provider of outsourced business licensing services. LicenseLogix helps clients quickly and easily obtain and maintain the proper licensing with a highly skilled legal team and their convenient, web-based Client License Information Center (CLiC).To learn more about LicenseLogix products and services, visit licenselogix.com.
Parasec was formed in 1977 with the objective of delivering unparalleled customer service and high-quality work. With offices in California, Delaware, and Nevada, Parasec handles document filing and retrieval needs for clients in all 50 states and the District of Columbia. In 1987, Parasec formed Paracorp, the most reputable registered agents for service of process in the nation. To learn more about Paracorp and Parasec, visit parasec.com.