What is a Certificate of Status?
A Certificate of Status, also known as a Certificate of Good Standing or a Certificate of Existence, is an official document issued by a state’s Secretary of State office. It certifies that a company is legally registered and authorized to do business in that state. This document verifies that the company has complied with all the statutory requirements and is up-to-date on state filings.
Registration and Compliance
Business Registration Requirements
Most states require that LLCs and corporations register with the Secretary of State to obtain legal benefits and confirm the company’s legitimate existence. This registration often includes filing documents such as a "Certificate of Incorporation" for corporations and "Articles of Organization" for LLCs.
Obtaining the Certificate
To get a certificate of status, visit your Secretary of State’s website, search for your company, or order the certificate directly.
If you’re seeking a certificate in California, be aware that every limited liability company must pay an annual tax of $800, even if the business is not active.
Sole Proprietorships and Partnerships
It is worth noting that these certificates are not issued for sole proprietorships or partnerships.
Special Considerations by State
In New York, a certificate of status, known as a certificate of good standing in most other states, is not mandatory for conducting business but can be used to show credibility to banks and other third parties.
For detailed information or to verify your business status, it is best to directly consult with the Secretary of State’s office or official website for specific state requirements.