Certificate of Good Standing
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Certificate of Good Standing

Provide proof that your company is in good standing with the state

Authorized to do business

A Certificate of Good Standing, sometimes called a Certificate of Existence or Certificate of Authorization, is a state-issued document used to demonstrate that a corporation or limited liability company (LLC) exists or is authorized to do business in the state and has complied with all state-required formalities.

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Why it’s important

A Certificate of Good Standing is typically required when a company wishes to register to transact business in another state (a process called foreign qualification) and may also be required before a company can enter certain contracts or relationships. The Certificate of Good Standing sets forth:

  • Your company’s name
  • That your company is incorporated and authorized to do business in that state
  • That all fees, taxes and/or any applicable penalties owed the state have been paid
  • That the company’s most recent annual report has been filed
  • That Articles of Dissolution have not been filed

Key Benefits

A Certificate of Good Standing is typically required when you want to register your corporation or LLC to transact business in another state. We obtains a Certificate of Good Standing for you as part of our Foreign Qualification Service.

Keep in Mind

If your company is not in good standing with the state when a Certificate of Good Standing is requested, the state will often return a document stating that your company is in existence but is in “bad standing,” which can have a negative impact on your business.

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State Business Name Reservation Service

Save your name

If you are not yet ready to incorporate or form a limited liability company (LLC), but would like to reserve your business name, most states allow for name reservations.

Why it’s important

The name of a corporation (C corp or S corp), LLC, limited partnership (LP), limited liability partnership (LLP) or nonprofit corporation must be distinguishable on the records of the state government. That means that it must not be substantially similar to another name already in use by a business incorporated or registered to transact business in that state. If the name is not unique or if it is already in use, the state will reject the formation documents.

A Certificate of Good Standing (also known as a Certificate of Existence or Certificate of Authorization) is a document issued by a state official as conclusive evidence that a C corporation, S corporation, limited liability company (LLC), limited partnership (LP), limited liability partnership (LLP) or nonprofit corporation is in existence or authorized to transact business in the state and has satisfied all the requirements imposed by that state as of a specific date in time.

Businesses often must obtain a Certificate of Good Standing before undertaking certain filings in a new state, such as a foreign qualification (registering to transact business), or before completing official business transactions or contracts, such as license renewal, selling the business or obtaining financing.

The document may also be used to prove that a company has come back into compliance with the state of incorporation or qualification. However, if you have not fixed the underlying issues that caused your company to be out of compliance in that state, obtaining this document will show that your company does exist but is considered “in bad standing” with the state.

We’d be more than happy to obtain a Certificate of Good Standing for your company from your state of incorporation and/or state of foreign qualification, if you’ve registered to transact business in a state(s) other than your state of incorporation.

Once a State Name Check is performed, we can reserve that company name for you for a certain period of time. Allowed reservation time frames depend upon the state, but they are often 120 days.