CT (company)

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CT
Type Subsidiary Corporation
Founded New Jersey (1892)
Headquarters Flag of the United States New York City, New York, USA
Industry Registered Agent, Corporate Governance, Corporate Compliance, Litigation Solutions, Trademark Research
Employees 1,500 (15 November 2006)[1]
Website CTLegalsolutions.com

CT is a wholly owned subsidiary of Wolters-Kluwer (WLSNc.AS), a multi-national information services company based in the Netherlands with operations in 26 countries. CT Corporation is the largest registered agent service firm in the world representing hundreds of thousands of business entities worldwide. It provides software and service solutions that legal professionals use.

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[edit] History

The company now known as CT Corporation has been in the registered agent business since its founding in New Jersey in 1892[2] with only 44 employees. The original charter of the company was handwritten and stated that its purpose was "to carry on a general agency business, especially the acting as agent of and trustee for corporations".

In 1895, what was then the Corporation Trust Company began assisting lawyers with the details of incorporating and qualifying corporations in all states and territories. They opened their first office in New York in 1899. In 1955, they exceeded 75,000 units of statutory representation (including domestic and foreign units).

[edit] Notables

  • In 2002 CT acquired Business Filings, Inc., an online incorporation firm based in Madison, Wisconsin. The terms of the deal were not disclosed. The company is now known as BizFilings.
  • CT has more than 1,500 employees in 43 cities nationwide. CT Corporation is the largest registered agent service company in the world[3].
  • As of January, 2007, CT Corporation represented 227,459 business entities in Delaware and over 16,663 active entities in Nevada.
  • CT Corporation is generally regarded as the most expensive registered agent service company ($320.00US per unit of domestic representation and $249.00US per unit of foreign representation annually) however like most other large agent companies, they frequently discount to secure large accounts, etc.[citation needed]

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