Minnesota Certificate of Good Standing
In Minnesota, certificates of good standing are issued by the Secretary of State. A certificate of good standing in Minnesota can be obtained by mail, online, or in person. It costs $15 for online filings and $5 for mail or in-person filings.
Importance of a Certificate of Good Standing
- A Minnesota certificate of good standing shows that a company is legally registered, following state rules, and up-to-date on fees and filings.
- It confirms registration, tax payments, and compliance.
- Lenders, investors, or partners may require it to show a company is trustworthy and credible.
- It helps businesses get financing, proves legitimacy, allows opening bank accounts, and helps expansion.
How to Obtain a Certificate of Good Standing
- Corporations and LLCs can get a certificate of good standing in Minnesota.
- People ask the Minnesota Secretary of State through mail, email, phone, or visiting the office.
- The form is called "Request for Certificate of Good Standing" or "Application for Certificate of Good Standing."
- The fee is $10-15. You get immediate access if ordering online.
MN Good Standing Certificate Overview
A Minnesota certificate of good standing does not have a set expiration date. It is a legal document proving that a business exists and is in compliance with state law.
Getting a Certificate of Good Standing
Eligible structures include corporations and LLCs. Sole proprietors often don’t qualify. Each state handles certificates through the Secretary of State. Costs are generally under $50.