Certificate of good standing is to verify that the new business and startup that we have paid all dues and have opened is authorized and follow all the terms and condition of the state. At some extent, it is equivalent to the certificate of authorization.
When a corporation or limited liability company is involved in a transaction, the opinion letter usually makes a representation as to the “existence” or “good standing” of the entity, which require a Certificate of Good Standing from the entity’s home state and any state where it is registered to do business. Those who sign off on the opinion letter, as well as those who provide the required documentation, need to keep in mind that all good standing certificates are not equal. There are two types of certificate of good standing
- Long form-A certificate of good standing confirms the status of the entity and lists all documents on file.
- Short form-A certificate of good standing reflects the existence status of an entity but does not list what documents have been filed.
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Certificate of Good Standing Sample & Template
The official document of the state of Delaware is known as a certificate of good standing Delaware, which is also known as certificate of existence. This is a legal document provide and authorized by the secretary of the state of Delaware. The content inside the certificate belongs to the detail description about the entity. There is no quick search result in official Delaware’s website in order to prove the status of your entity. You need a certificate of good standing as a proof of the status of your entity. Depending on what the Delaware Certificate of Good Standing is being used for, it will be accepted anywhere from 30 days to six months from the date it is produced and signed by the Delaware Secretary of State. The cost of the certificate of the good standing is around 50 dollar. If you need faster service then call 1-888-995-5895.
Certificate of Good Standing Illinois
A certificate of good standing is a document that provides formal proof of authorization to do business in a state. There are a variety of uses for a certificate, though they are most commonly required during foreign qualification or other business transactions. Select your entity type and desired turnaround time to order a certificate now, or visit the table and resources below for more information on obtaining a certificate of good standing in Illinois.
Certificate of Good Standing California
By Mail: Provide the Records Order Form, payment for fees, self-addressed envelope and a daytime phone number for any questions on your request cover letter. In Person: Documents requested in person take priority over mailed requests, can usually be provided within 1 business day, and are charged an additional handling fee of $10. A California Limited Liability Company will use a Certificate to prove they are duly incorporated and therefore authorized to transact business within the state.A certificate of Status for a California Corporation is a document that verifies the existence of a California Limited Liability Company, California Corporation, or California registered partnership authorized to transact business within the state, and is current on all required filings with both the Franchise Tax Board and the Secretary of State.Generally, a Certificate for a California Limited Liability Company or Corporation is a one-page document issued by the California Secretary of State and serves as definite proof that your California Limited Liability Company, corporation, or registered partnership is indeed in existence, in good standing (or sometimes suspended), and if in good standing, authorized to do business in the state.
Certificate of Good Standing NY
A Certificate of Status may be obtained by submitting a written request to the New York State Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231.The written request must include the following information:
- A specific statement requesting a Certificate of Status.
- The exact name of the corporation or other business entity.
- The DOS ID number or the exact date of formation or authorization, if known.
- A statement as to whether the request is for routine processing or expedited processing.
- The mailing address where the Certificate of Status is to be mailed.
The fee for a Certificate of Status is $25.
There’s a good chance you’ll need to secure a Certificate of Good Standing from time to time during the life of your business. Many companies request a Certificate of Good Standing occasionally for their own records.