Importance of Certificate of Status in Wisconsin
If your business is registered in another state but wishes to operate in Wisconsin, you may need to provide a Certificate of Status from your home state as part of the registration process. To update your Certificate of Status in Wisconsin, you will need to contact the Department of Financial Institutions and provide the updated information.
What is a Wisconsin Certificate of Status?
A Certificate of Status confirms that a business entity is legally registered and authorized to operate in Wisconsin. It verifies compliance with state requirements like filing reports and paying fees. Banks, creditors, or investors might request this certificate when you apply for financing to confirm no outstanding issues exist.
How to Obtain a Wisconsin Certificate of Status
The Wisconsin Certificate of Status, also known as a Certificate of Good Standing, can be ordered by mail, in person, or online for $10. Online processing is immediate, while mail processing takes up to 7 days plus mailing time. To get your certificate, you must remain compliant with state regulations by filing annual reports and paying necessary fees.