*The processing time for obtaining a Certificate of Good Standing (also known as a Certificate of Status or Certificate of Existence) varies by state, depending on where your company is registered. Expedited processing is available in most states for an additional fee, and extra charges may apply for each additional page of the document. For more information, please contact our team.
Having a certificate of good standing is an important part of running your business. A Certificate of Good Standing (also referred to as a Certificate of Status or Certificate of Existence) is a certificate that shows that a business entity is filed and currently active on the record to do business in the state from which it is issued. Any time you need to show your business was properly formed and is still in compliance, you will likely need a Certificate of Good Standing.
The reasons you may require such a certification range widely. For example, it is required in some tax matters and for certain licensing requirements. It is also necessary when buying or selling a company, applying for credit or a loan, or being involved in a merger or acquisition.
In most states, registered business entities such as corporations, partnerships, LLCs, and limited liability partnerships are eligible to request a Certificate of Good Standing. Before requesting a certificate, businesses should be up to date on their annual reports and fees and registered agent designation.
BizStarter will handle your certificate request saving you valuable time. Contact us today!