USA Certificate of Good Standing
We can provide a Certificate of Standing for USA companies registered in any of the 50 States.
The Certificate of Good Standing shows that the company has filed all the reports and fees with the Secretary of State’s office.
The USA Certificate of Good Standing / Certificate of Existence is issued by the Division of Corporations with an official seal and stamp and with a Secretary of State administrator’s signature.
The certificate confirms the company status and that the limited company is not in bankruptcy, in liquidation or involved in a merger. It also states that the company has a legal corporate existence and its records are up to date at the Division of Corporations.
Certificate of Good Standing also known as a Certificate of Existence or Certificate of Authorization is to prove the entity is incorporated and authorized to transact business in the state.
The Good Standing status signifies an entity is current with the filing requirements of that state’s secretary of state’s office.
Obtaining a Certificate of Good Standing
- District of Columbia
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
In Washington, North Dakota, South Dakota and New Hampshire the certificate has a raised seal, so we will mail a copy of the certificate.
If the USA Company is not in Good Standing the registry will issue instead an extract confirming the current company status.
Timescale to obtain a Certificate of Good Standing
Standard Service – 5 – 7 days
Expedite Service – same day
Ways companies lose their Good Standing
Once a company is incorporated in a given state, there are a few things it needs to do to maintain their Good Standing status.
Corporate registries in each state have different rules about obligations and the repercussions for not meeting those obligations, failure to adhere results in “fallen out of good standing.”
Loss of good standing can have serious consequences for a company as companies are required to show proof of their Good Standing status when opening bank accounts or obtaining finance.
If the company remains out of good standing, it may become voided or revoked. Then the company’s name is no longer protected, another entity can incorporate using the same name as the revoked company.
There are a number of ways for a company to lose its good standing status:
Not filing the periodic report on time, Non payment of franchise tax, Not maintaining a Registered Agent