A Certificate of Good Standing is a legal document from the state government, certifying that you are a corporation in good standing in that state. Each state has slightly different rules about issuing good standing certificates, but in general your corporation must:
Be fully compliant with state laws and regulations
Not have default or suspended status
Not have any outstanding tax debt
Not have any other outstanding debts, either public or private
Basically, you must be in good standing with the state to receive a certificate!
A certificate of good standing will be certified by the issuing state. Many states will print a document with the official state seal. Some states can issue electronic certificates with a code that can be verified online.
Why do I need a Good Standing Certificate?
If someone asks you for one. Corporations usually need a certificate of good standing in order to get business loans or register as a foreign corporation. This is a way of proving that the corporation is legitimate.
How do I get a Good Standing Certificate?
SAME DAY SERVICE! PCF can get it for you with same day service. We will fill out the proper form, submit it on your behalf to the proper state agency, and have the certificate of good standing shipped to your door.
Requirements:
The company must be registered as a legal entity in that state (Corporation or LLC)
The company cannot be in default or suspended as defined by the state
