A Certificate of Compliance is a form of validation for the credibility of the company and states that accounting and reporting requirements have been satisfied. If a company does not comply with the obligatory accounting and reporting requirements, not only will fines and penalties be incurred, and the Certificate of Compliance will not be issued.
A Certificate of Status more often referred to as a "Certificate of Good Standing" or “Certificate of Incumbency”, confirms a Canadian company has a status of good standing with the Ministry of Government Services under the Canadian Business Corporation Act.
The certificate resembles a Certificate of Incorporation and is used to confirm the company's continued legal existence. It also confirms that all administrative requirements pertaining to the company's continued registration have been complied with.
The certificate is an official registry document, accepted by authorities and institutions as proof of continuing good standing of a Canadian company
The certificate certifies that:
We can provide the certificate electronically from the Ministry of Government Services. The electronic version will bear the same security features as traditional hard copy certificate. Alternatively we can provide a traditional hard copy of the certificate delivered by courier.
It also provides the Quebec Business Number.
The document is an official confirmation that the company exists and of its status. When we order this document from the Registrar, we can also secure a specific date for its issue and obtain an English translation.
A Certificate of Compliance is issued by Industry Canada. It certifies that the corporation:
This certificate of Compliance is signed by the Deputy Director of Industry of Canada.