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Do I need a certificate of good standing?
Do I need a certificate of good standing?

This article explains what a certificate of good standing is, as well as scenarios in which you might need it.

Michelle Adams avatar
Written by Michelle Adams
Updated over a week ago

A certificate of good standing is an official document issued by your state that confirms your business is legally registered and compliant with state regulations. This certificate proves that your business entity:

• Is properly registered with the state.

• Is up-to-date with all required filings and fees.

• Meets all state requirements to operate legally.

When might you need a Certificate of Good Standing?

While not every business needs this certificate, there are several situations where it can be essential:

Securing Financing: Lenders or investors may require a certificate of good standing to verify that your business is legitimate and in compliance with state laws before they provide funding.

Opening a Business Bank Account: Banks often ask for a certificate of good standing to ensure your business is properly registered and in good standing before you can open an account.

Contracting and Licensing: Certain contracts or business licenses might require proof that your business is in good standing with the state.

How to get a Certificate of Good Standing

If you determine that you need a certificate of good standing, Company Rock is here to assist you. You can request the document through our services, and we’ll guide you through the process to ensure you receive it promptly.

If you have any questions or need further assistance with obtaining a certificate of good standing, feel free to contact our team. We’re here to help you navigate the requirements and keep your business on track.

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