Getting started with us is simple and easy.
Our three-step process is made to save your time and efforts.
Complete Our Online Form
Fill our simple online form by answering the simple questions about your business. All the answers would be kept private and secure.
We File the Documentation
We would check all your documents and see if the same are compliant with the state rules and File the documentation to the Secretary of State (or equivalent agencies).
Receive Your Approved Documents
As soon your documents are approved, your Certificate of Good Standing would be issued, and subsequently mailed to you.
Certificate of good standing
A certificate of good standing, also known as Certificate of existence or Certificate of Authorization is a certificate issued by Secretary of State (or an equivalent authority) to verify that your corporation or LLC exists, has paid all its statutory dues, has met its statutory requirements and is therefore legally allowed to engage in business transactions in the state.
Benefits of Good Standing Certificate
Legal compliance made easy by FastIncNow
A certificate of good standing is essential for businesses to open a bank account, sell the venture and prove its compliance with the laws of the home state.
Proof of authenticity and lawfulness
Apart from proving your business’ legal formation, a certificate of good standing also confirms that your business is regularly paying state fees, has filed an annual report and has paid franchise taxes.
Required for registering in another state
In case you are planning to register your business in another state, you would need a certificate of good standing from your home state of incorporation.The certificate carries a seal from the Secretary of State on it and includes an important information related to the date on which the operation came into existence and its current status.
Frequently Asked Questions
What is a certificate of Good Standing?
Certificate of good standing is also known as a Certificate of existence or authorization. This is a state-issued document that shows the company has met its statutory requirements and is authorized to conduct business in a particular state.
Why is Good Standing important?
This certificate is crucial for maintaining the goodwill and reputation of a company. Without it, a company may not be able to open a bank account, obtain financing, or apply for a business license renewal and permissions.
Who is the issuing authority of this certificate?
Certificates of good standing are issued by the Secretary of state (or its equivalent agency) where the business entity is formed or has qualified as a foreign entity.
When would a company need a Certificate of Good Standing?
Among the key institutions who require a certificate of good standing include banks, lenders and government agencies. In case you want to expand your company and establish it in another state too, even then your company requires to file for a certificate of good standing.