Texas certificate of good standing
TEXAS CERTIFICATE OF GOOD STANDING OR STATUS
Texas ranked #3 in the list of best states for business by Forbes offers just the perfect business environment. It is ranked #3 in Business Costs and #3 in Economic Climate. If you are thinking of setting up a new business in the state then one of the most important documents to obtain is the Texas certificate of fact.
What is Texas Certificate of Fact of Good Standing?
Most businesses being incorporated or formed in the state of Texas require several different types of documentation depending on the business type. One such document is the Texas certificate of good standing, which has been changed by the comptroller’s office to “certificate of account status”. There is also a “certificate of fact” or business status issued by the Secretary of State. You are probably wondering what information this document contains or what the importance of such a document is.
The certificate issued by the Texas Comptroller of Public Accounts contains information regarding the franchise tax account status of a business entity and hence known as certificate of account status.
The certificate issued by the Texas Secretary of the State is considered as a official or legally binding evidence of a business entity’s existence or authority to transact business in the state. Hence, this is known as the Texas business status certificate.
It is important to know that a business entity depending on the type may require either certificates or both to become operational in the state of Texas.
How to get a Certificate of Fact in Texas?
A Texas certificate of fact is one of the most important documents that you will be required to submit in order to have a good standing status in the state. The question is how can you get the certificate and more importantly who will be issuing it? We have created a step by step approach keeping in mind, the requirements of different businesses.
1. Type of Business
What type of business are you planning to set up in the state of Texas? Will it be a limited liability company, a general partnership, a for-profit corporation or a limited partnership? Identifying the type of business is important as some businesses don’t require a Texas certificate of good standing.
2. Type of Status
It is important for businesses to maintain an active Texas business status so that they can enjoy the privileges of specific businesses in the state. A domestic or foreign LLC or for-profit corporation can be suspended or forfeited pursuant to Sec. 21.501 – 21.503 of the BOC, Title 2, Chapter 21 and LLC’s can be suspended pursuant to Sec. 101.552 – Acts 2007, 80th Leg., R.S., Ch. 688 (H.B. 1737), Sec. 102, eff. September 1, 2007. Foreign entities can be forfeited pursuant to Sec. 9.010, Sec. 9.104, and Sec. 9.106 of BOC, Title-1, Chapter 9. Once, a business is suspended they will have to clear their dues, penalties, franchise tax etc., and submit it along with a certificate of good standing or certificate of fact for reinstatement.
3. Information
You have to provide information specified by the Secretary of the State or Texas Business Organizations Code (BOC) in your order request for a Texas certificate of good standing. The following information needs to be provided by a business entity applying for the certificate of status or fact:
- Name of the business entity as filed in the Articles of Incorporation, Certificate of Formation, and Application for Registration
- Date of formation or registration of the business entity
- The business entity’s file number as assigned by the office of the secretary of state, unless it is a real estate investment trust
- The name of the Registered agent and their address
- The name and address of each of the governing persons in the business entity that is being registered
- Physical address of the business entity
- Confirmation of payment of all types of fees, franchise tax as well as penalties if any that was due to the secretary of state and Comptroller
4. Order Request
How and where can you get a Texas certificate of fact from? It is issued by the office of the Secretary of State as well as the comptroller and you can apply through the following ways:
- By Mail: You can request for certificate through mail. If you are applying for the certificate of existence then you will be required to mail to the Public Information Response Team, Corporations Section, P. O. Box 13697, Austin, Texas 78711-3697. If you are applying for proof of good standing from the Comptroller office then the mailing address would be State Comptroller’s Office, Account Correspondence and Maintenance, Capital Station, Austin, Texas 78774
- Email: You can email your application for Texas certificate of good standing to corpcert@sos.texas.gov. You will be required to provide information like your name, name of filing entity, and/or filing number, mailing address, telephone number and fax number, if you want to order documents through fax.
- In person: You can also deliver the application for good standing certificate by hand. You can submit your application at 1019 Brazos St., Austin, Texas 78701 from Monday through Friday between 8:00 a.m. and 5:00 p.m.
- Online: One of the fastest ways to receive a good Texas business status certificate is by applying Online. We at IncParadise, offer an online request or order option for businesses in the state so that it can be processed as early as possible.
Order your Copy of Texas Certificate of Fact Today!
Why do I need a Certificate of Fact in Texas?
Why should your company have an active Texas business status? Active status is important as it will ensure that a business entity formed in the state is able to access all the privileges offered by the state including business incentives, loans, and other financial instruments. The reasons you may require this certificate in Texas include:
A certificate of good standing is basically a Texas certificate of fact that highlights that a foreign or domestic limited liability company or corporation has:
- Submitted the franchise tax pursuant to Texas Tax Code, Section 171.255. Business entity needs to ensure it has been paid within the time as established by Texas Tax Code, Section 171.251 along with any delinquent tax and penalty.
- Has appointed and is maintaining a registered agent in the state pursuant to Business Organizations Code, Title 1- General Provisions, Chapter 5, Section 5.252-5.255 and Section 5.302-5.306.
- Have submitted the annual report or the Public Information Report (PIR) pursuant to Texas Tax Code – TAX § 171.203 with the State Comptroller office.
If a company loses the active Texas business status then it will not only lose its right to transact business in this state but will also be denied the right to sue or defend in a court of this state pursuant to Section 171.2515 of the Texas Tax Code. If a business entity forfeits the right to transact then this will have a negative impact on its existing clients, growth, financial transaction, and reputation. Hence, obtaining a certificate of good standing is crucial to the performance of a business.
A business entity will also require a Texas Certificate of Good Standing if they are planning a merger or acquisition, as it will be seen as a legal documentation of the entity.
How long does it take to get a certificate of good standing in Texas?
The Texas Secretary of State is responsible for issuing the Texas certificate of fact while the Texas Comptroller of Public Accounts is responsible towards issuing the certificate of good standing also known as the Tax Status Letter or Certificate of Account Status. The normal processing time can vary from 2-5 business days.
- You will have a personalized and secure business account
- You can view the Texas Certificate of Good Standing or Certificate of Fact Form. You will be able to fill the form, edit information, and save or submit along with the required fee.
- You can save time by submitting online without any extra fee
- You will be able to view the certificate and download it right from your personal account at IncParadise.
GET YOUR TEXAS CERTIFICATE OF GOOD STANDING TODAY!
California certificate of good standing
CALIFORNIA CERTIFICATE OF GOOD STANDING OR STATUS
California is home to a $2.9 trillion economy and has been ranked #1 in economic climate and #8 in business growth prospects by Forbes. If you are planning to establish a start-up in California or achieve high growth of your business then one of the most important documents to obtain is California certificate of good standing.
What is California Certificate of Good Standing?
The certificate of good standing is also known as a Certificate of Status or Certificate of Existence in different jurisdictions. In the state of California, it is considered to be a proof of existence. It highlights California business status being active and having this certificate can help the business entity to enjoy the rights and privileges provided by the law like LLC’s can enjoy the privileges of limited liability. It is important to know that a business needs to be in compliance with all applicable corporate or LLC laws as well as licensing requirements.
It is also important to note that according to CA Corp Code § 2101 (2016) for foreign corporations and Title 2.6. California Revised Uniform Limited Liability Company Act, § 17708.02 for foreign LLC’s, a California certificate of good standing or a certificate of existence is a mandatory requirement in order to register business and transact in the state.
How to get a Certificate of Good Standing in California?
If you are setting up a new business in the state then a California certificate of good standing will be helpful in ensuring that you can operate your business in the state without any problems. So how can you obtain the certificate of existence? Is there a process? We have created a step by step approach keeping in mind, the requirements of different businesses.
1. Type of Business
What type of business are you planning to set up in the state of California? Will it be an LLC or a Professional Corporation? Identifying the type of business is important as some businesses don’t require a good standing certificate.
2. Type of Status
It is important for businesses to maintain an active California business status so that they can enjoy the privileges of specific businesses in the state. A domestic or foreign business corporation can be suspended or forfeited pursuant to CA Corp Code § 2206 (2016) and CA Corp Code § 2205 (2016) and LLC’s can be suspended pursuant to Title 2.6 California Revised Uniform Limited Liability Company Act, section 17713.10. Once, a business is suspended they will have to clear their dues, penalties, franchise tax etc., and submit it along with a certificate of good standing for reinstatement.
3. Information
You have to provide information specified by the Secretary of the State or California Statutes in your order request for a California certificate of good standing. The following information needs to be provided by a business entity applying for the certificate of status:
- Name of the business entity as filed in the Articles of Incorporation and Articles of organization
- Date of formation or registration of the business entity
- Physical address of the business entity
- The name of the Registered agent and their address
- Confirmation of payment of all types of fees, franchise tax as well as penalties if any that was due to the secretary of state
4. Order Request
In order to ensure good California business status, you can file the certificate of existence or good standing with the office of the Secretary of State – Business Programs Division. It can be done in the following ways:
- By Mail: You can request for certificate through mail. You will be required to mail the “Business Entities Records – Order Form” to Secretary of State – Business Programs Division, Business Entities – Records, P.O. Box 944260, Sacramento, CA 94244-2600.
- In person: You can also submit the request for California certificate of good standing in person with the Secretary of State – Business Programs Division, 1500 11th Street, Sacramento, CA 95814 from Monday through Friday between 8:00 a.m. and 5:00 p.m., excluding state holidays.
- Online: One of the fastest ways to receive a good California business status certificate is by applying Online. We at IncParadise, offer an online request or order option for businesses in the state so that it can be processed as early as possible.
Order California Certificate of Good Standing Today!
Why do I need a Certificate of Good Standing in California?
Maintaining an active California business status is the key to growth through opportunities for every business in the state. You can achieve this status by submitting documents required by the secretary of the state annually including franchise tax. The certificate is issued by the Secretary of State – Business Programs Division and it authorizes new or existing or domestic and foreign business entities to avail of various financial incentives and take advantage of other business opportunities. The reasons you may require this certificate in California include:
A certificate of good standing highlights the fact that the California business status is active. This implies that foreign or domestic limited liability company or corporation has:
- Submitted the franchise tax of pursuant to CA Rev & Tax Code § 19021 – 19027 (2016)
- Has appointed and is maintaining a registered agent in the state pursuant to Corporations Code – CORP § 17701.13 for a business corporation and 2016 California Code – CA Corp Code § 1702 (2016) for a limited liability company
- Have submitted the Statement of Information report with the Secretary of the State pursuant to CA Corp Code § 2206 (2016) for business corporations and Title 2.6 California Revised Uniform Limited Liability Company Act, section 17713.10 for LLC.
The active status implies that a business entity in the state of California will be able to apply for bank loans or federal financial incentives. They will be able to create meaningful and beneficial business partnerships by signing up with vendors, which will eventually create a positive reputation for the company.
A foreign business entity requires a California certificate of good standing by law. According to CA Corp Code § 2101 (2016) for foreign corporations and CA Corp Code § 17708.02 (2016) for a foreign LLC, if a business entity fails to obtain the certificate of existence or good standing then they will not be authorized to transact their business within this State.
A business entity will also require the Certificate of Good Standing if they are planning a merger or acquisition, as it will be seen as a legal documentation of the entity.
How long does it take to get a certificate of good standing in California?
The Secretary of State – Business Programs Division is responsible towards issuing of the California certificate of good standing, which is also known as the Certificate of Status or the California Tax Status Letter. The normal processing time can be as long as 4 weeks.
We at IncParadise can help in expediting the process by enabling you to apply through our easy to access- ONLINE system. You will be able to enjoy the following benefits:
- You will have a personalized and secure business account
- You can view the Business Entities Records – Order Form, fill it, edit information, save or submit along with the required fee
- You can save time, which will enable you to make your business operational quickly
- You will be able to view the certificate and download it right from your personal account at IncParadise.
GET YOUR CALIFORNIA CERTIFICATE OF STATUS!
Delaware certificate of good standing
DELAWARE CERTIFICATE OF GOOD STANDING OR STATUS
If you are planning to establish a new business or are a foreign company thinking of expanding your business in Delaware then there are several aspects that you need to consider. One of the primary aspects is to ensure your company enjoys an “active” Delaware business status and this is possible by obtaining a certificate of good standing.
What is Delaware Certificate of Good Standing?
The Delaware certificate of good standing is a document that is a proof of existence. It simply means that your business entity whether an LLC or a corporation has paid its taxes and any dues as of current date, in the state of Delaware. The document is signed by the Delaware Secretary of State and states that your company has good standing status or active status in the state on the date it was signed. In some of the states, this document is also known as the certificate of existence and in Delaware it is also known as the Certificate of Status.
It is also important to note that according to Title 8, Corporations, Chapter 1- General Corporation Law, Subchapter XVI, Foreign Corporations, § 371 and 2 DE Code § 18-902 (2014 through 146th Gen Ass) for foreign LLC, a Delaware certificate of good standing is a mandatory requirement in order to register business and transact in the state.
How to get a Certificate of Good Standing in Delaware?
Delaware business status is integral to the growth and expansion of a business entity in the state of Delaware. The question is what is the process of application for a Certificate of Status? Keeping in mind, the requirements of different businesses, we have created a step by step approach towards applying for the good standing certificate.
1. Type of Business
The first step is to identify what type of business you are planning to register like if it is a business corporation, professional service corporation, LLC, LP, or any other type of business. This is important as some businesses don’t require a good standing certificate.
2. Type of Status
The Delaware business status is an important factor and is applicable for foreign companies and existing Delaware businesses. A business corporation can be forfeited pursuant to 8 DE Code § 136 (2017) and the certificate of formation of an LLC can be cancelled pursuant to 2 DE Code § 18-104 (d) and 2 DE Code § 18-1108 (2014 through 146th Gen Ass). In such a scenario, a company will have to clear their dues, penalties, taxes, and submit required documents for reinstatement. Prior to reinstatement, the said company will have to apply for a certificate of good standing in Delaware.
3. Information
You have to provide information specified by the Secretary of the State or Delaware Statutes in your order request for a Delaware certificate of good standing. The following information needs to be provided by a business entity applying for this certificate:
- Name of the business entity as filed in the Certificate of Incorporation or Certificate of formation
- Date of formation or registration of the business entity
- The name of the Registered agent and their address
- Confirmation of payment of all types of fees, taxes as well as penalties if any that was due to the secretary of state
4. Order Request
In order to ensure good Delaware business status, you can order or file the certificate of status or good standing with the office of the Delaware Division of Corporations. It can be done in the following ways:
- By Mail: You can request for certificate through mail. You will be required to mail the “Certificate Request Cover Memo” also known as the memo sheet to Delaware Division of Corporations, 401 Federal Street – Suite 4, Dover, DE 19901.
- By Email: You can also send the request for Delaware certificate of good standing along with your credit card information to corp@delaware.gov. You will have to provide specific information on the order request including name of the business entity, credit card payment form or authorization, a daytime phone number, and return address information.
- By Fax: A request for certificate of good standing can also be made through fax at (302) 739-3812 or (302) 739-3813. The fax service is available from 8:00am-11:59pm from Monday to Thursday and from 8:00am -10:30pm on Friday, excluding State Holidays.
- Online: One of the fastest ways to receive a good Delaware business status certificate is by applying Online. We at IncParadise, offer an online request or order option for businesses in the state so that it can be processed as early as possible.
Order Your Delaware Certificate of Good Standing Today!
Why do I need a Certificate of Good Standing in Delaware?
One of the most important documents for businesses being formed or registered in the state of Delaware, the certificate of good standing is issued by a state agency and in Delaware; it is issued by the Delaware Division of Corporations. The importance of this document is in the fact that it authorizes helps a new or existing or foreign entity to avail of various financial incentives and forge business relationships or partnerships with ease. There are several reasons you may require this certificate of Delaware business status and they are:
A certificate of good standing highlights the fact that the Delaware business status is active. This implies that foreign or domestic limited liability company or corporation has:
- Paid the franchise tax of $300 pursuant to 2 DE Code § 18-1107 (2014 through 146th Gen Ass).
- Has appointed and is maintaining a registered agent in the state pursuant to 2 DE Code § 132 (2014 through 146th Gen Ass) for corporations and 2 DE Code § 18-104 (2014 through 146th Gen Ass) for LLC.
- Have submitted the annual report with the Secretary of the State pursuant to 8 DE Code § 374 (2017)
As a result of the active status, you will be a able to apply for bank loans or any other state or federal financial incentives, create business partnerships by signing up with vendors, and build a strong and positive reputation that will eventually aid in the growth of the company.
A foreign business entity requires a Delaware certificate of good standing by law. According to 2 DE Code § 371 (2014 through 146th Gen Ass) for foreign corporations and 2 DE Code § 18-902 (2014 through 146th Gen Ass) for a foreign LLC, if a business entity fails to obtain the certificate of status or good standing then they will not be authorized to transact their business within this State.
How long does it take to get a certificate of good standing in Delaware?
The State of Delaware – Division of Corporations is responsible towards issuing of the Delaware certificate of good standing, which is also known as the Certificate of Status or the Tax Clearance Certificate. The normal processing time can vary from 4 days to 3 weeks depending on the whether you opt for normal processing or expedited delivery. There is an extra fee that has to be paid for “Expedited delivery” and the fee varies from $40 to $1,000 depending on the expedited time bracket.
We at IncParadise can help in expediting the process by enabling you to apply through our easy to access ONLINE
- You will have a personalized and secure business account
- You can view the certificate certification form or memo, fill it, edit information, save or submit along with the required fee
- You can save time and any extra fee for expedited service
- You will be able to view the certificate and download it right from your account
ENJOY A GOOD DELAWARE BUSINESS STATUS
Wyoming certificate of good standing
WYOMING CERTIFICATE OF GOOD STANDING OR STATUS
If you are thinking of setting up your new business in Wyoming or are a foreign company thinking of capitalizing Wyoming market and business climate to expand your business then there are several key areas that you should focus on. One of the key areas is the need for a Wyoming certificate of good standing, which is also known as the certificate of existence. You are probably wondering why this certificate is important or how it will help your business. Let’s read on!
What is Wyoming Certificate of Good Standing?
What is the significance of the Wyoming certificate of good standing? It is basically a document, which certifies that your business entity whether a domestic or a foreign entity exists legally in the state and is in compliance with all the requirements necessary to transact business in this state.
This certificate of existence provides an accurate account of Wyoming business status thus helping companies to apply for loans, financial incentives, license, and basically, highlights the fact that the business alive and not in default or revoked. Different types of business entities can apply for this certificate in the state of Wyoming including business corporations, limited liability companies, and limited partnerships among others.
One of the important aspects of the Wyoming certificate of existence is that the certificate of existence comes with an expiration date. The expiration time varies from one state to another and normally it has to be renewed annually corresponding to the date of registration or formation of the business entity in the state.
It is also important to note that a foreign business entity including an LLC and a business corporation will be required to submit the original Wyoming certificate of good standing or existence along with the Certificate of Authority and it should not be dated more than 60 days prior to filing in state. The certificate of existence should also be authenticated by the Secretary of State or any official who has custody of corporate records in the state.
How to get a certificate of good standing in Wyoming?
A certificate of existence or good standing is required by both domestic and foreign business entities as it highlights the Wyoming business status as active and not forfeited or in default. The question is how can you apply for this certificate? Is there a process? We have created a step by step approach towards applying for the good standing certificate.
1. Type of Business
The first step is to identify what type of business you are planning to register like whether it is a profit corporation, LLC, LP, or some other form of business. This will help you to identify the right form or application based on the type of business.
2. Information
You have to provide information pursuant to pursuant to WY Stat § 17-29-208. (2015) for LLC and WY Stat § 17-16-128 (1997 through Reg Sess) for a profit corporation in your order request for a Wyoming certificate of good standing. The following information needs to be provided by a business entity applying for the certificate of existence:
- Name of the business entity as filed in the articles or certificate of authority
- The said business entity was duly formed under the laws of the state of Wyoming and the date of incorporation or formation
- Confirmation of payment of all types of fees, taxes as well as penalties if any that was due to the secretary of state
- State of formation, which in this case would be Wyoming
- Physical address of the business entity
- The name of the Registered agent and their address
- Federal tax identification number
3. Order Request
In order to ensure active Wyoming business status, you can order or file the certificate of existence with the office of the Wyoming Secretary of State. It can be done in the following ways:
- By Mail: You can request for certificate through mail. You will have to provide information including name of business entity, return address information, a daytime phone number, along with the fee of $20 payable to the “Secretary of State”. It has to be mailed to the Wyoming Secretary of State, 2020 Carey Avenue, Suite 700, Cheyenne, WY 82002-0020.
- By Email: You can also send the request for a Wyoming certificate of good standing along with your credit card information to SOSRequest@state.wy.us. You will have to provide specific information on the order request including name of business entity, return address information, a daytime phone number, and credit card payment form or authorization.
- By Fax: A request for Wyoming certificate of existence for domestic or foreign business entities can also be made through fax. You will have to fax the request along with credit card information to 307-777-5339.
- Online: One of the fastest ways to receive a Wyoming certificate of good standing in the state is by applying Online. We at IncParadise, offer an online request or order option for businesses in the state so that it can be processed as early as possible.
Order Your Wyoming Certificate of Existence Today!
Why do I need a Certificate of Good Standing in Wyoming?
A certificate of good standing also known as the certificate of existence is one of the most important documents that business entities require in the state and you have to provide this document along with your articles or certificate of authority. The question is – Why would a business entity require a certificate of good standing at all?
There are several reasons why a Wyoming certificate of good standing is required and some of them are:
The greatest barrier that a business entity may face in the state of Wyoming is losing their active status. A business can lose its active status if it has:
- Failed to hire a registered agent or maintain a registered office in the state pursuant to WY Stat § 17-29-705, (2015) for LLC and WY Stat § 17-16-501 (1997 through Reg Sess) for profit corporations
- Failed to pay the annual fee accompanying the annual report as required by W.S. 17-29-210 or submit annual report license tax pursuant to W.S. 17-16-1630
- Failed to pay penalties imposed under W.S. 17-28-109
Losing the active status means that the LLC or profit corporation has forfeited any rights or privileges it has in the state of Wyoming. In such a scenario the business entity will have to reinstate and apply for a fresh certificate after fulfilling the requirement of a registered agent and by submitting their annual report, fee, and penalties. This reinstatement process is the only way the company can have an active Wyoming business status. Losing your active business status can cause damage to the reputation of the business entity severely.
An active Wyoming business status indicates that the business entity in question has a good standing in the state and this is extremely useful for applying for loans and financial incentives as well as conducting business transactions in the state. This certificate will play a crucial role in ensuring there are no hindrances in the business operations.
A foreign business entity requires a Wyoming certificate of good standing by law. According to WY Stat § 17-16-128 (1997 through Reg Sess) for foreign corporation and WY Stat § 17-29-208. (2015) for foreign LLC, if a business entity doesn’t have the certificate of good standing then they will not be authorized to transact their business within this State.
How long does it take to get a certificate of good standing in Wyoming?
A Wyoming certificate of good standing is also known as the “Tax Status Compliance Certificate” or “Wyoming Tax Clearance Certificate”. A business entity can receive the good standing certificate only if it is not in default or suspended by the Secretary of State.
The normal processing time can vary from 2 to 7 days, and there can be additional time required for mailing the certificate. The Wyoming Secretary of State doesn’t offer expedite service but you can have it expedited by applying through our easy to access ONLINE system. If you are wondering what are the benefits then here are some of them:
- You will have your own secure business account
- You can view the certificate order form, fill it, edit it, manage it, and submit along with the required fee directly from your account
- You can save time and the processing will be quick
- You will be able to view the certificate and download it right from your account
GET YOUR WYOMING CERTIFICATE OF GOOD STANDING TODAY!
Nevada certificate of good standing
NEVADA CERTIFICATE OF GOOD STANDING OR STATUS
If you are planning to establish a new business in the state of Nevada then there are several factors that will play a key role in ensuring that your business is able to take advantage of all the benefits and financial incentives the state has to offer. One of the key factors is good business status in the state. How can you achieve this status? This is possible through a Nevada certificate of good standing!
What is Nevada Certificate of Good Standing?
The Nevada certificate of good standing is a document that certifies that your business corporation or limited liability company exists legally and that the business entity is up to date when it comes to submitting different business documents, fees, and annual reports with the Secretary of State. This certificate is required by both domestic and foreign corporations, LLC, LLLP’s etc. In some states, it is also known as the certificate of existence or certificate of status.
It is important to understand that the certificate of good standing is not a business license but a form of implying that your Nevada business status is active and not revoked or forfeited. This certificate also comes with an expiration date and has to be renewed normally during registration of the business entity, which could be the initial date of registration or a date specified by the Secretary of State. Normally, this certificate has to be renewed annually.
It is also important to note that according to 2010 Nevada Code for foreign corporations (NRS 80.010) and foreign LLC (NRS 86.544), a Nevada certificate of good standing is required in order to transact business in the state.
How to get a certificate of good standing in nevada?
In order to ensure that a domestic or foreign corporation or LLC enjoys a good Nevada business status you will be required to apply for a certificate of good standing in the state. What is the process? How can you apply for the certificate? We have created a step by step approach towards applying for the good standing certificate.
1. Type of Business
The first step is to identify what type of business you are planning to register. For example, is it a corporation, an LLC, an LLLP, or a sole proprietorship. You will also have to specify if it is a domestic or foreign business entity. This will ensure you are able to make a request for the appropriate certificate for the specific business type.
2. Information
You have to provide information specified by the Secretary of State or Nevada Statutes in your order request for a Nevada certificate of good standing. The following information needs to be provided by a business entity applying for this certificate:
- Name of the business entity as filed in the articles or certificate of registration
- Date of formation or registration of the business
- State of formation, which in this case would be Nevada
- Physical address of the business entity
- The name of the Registered agent and their address
- Federal tax identification number
3. Order Request
In order to ensure a good Nevada business status, you can order or file the certificate of good standing with the office of the Nevada Secretary of State. It can be done in the following ways:
- By Mail: You can request for a certificate through mail. You will be required to mail a letter mentioning the name of the business entity along with a fee of $50 through check, credit card authorization, or money order payable to the “Secretary of State”. It has to be mailed to the Secretary of State Barbara K. Cegavske, 202 North Carson Street, Carson City, Nevada 89701-4201.
- By Email: You can also send the request for a certificate of good standing along with your credit card information to copies@sos.nv.gov. You will have to provide specific information on the order request including name of the business entity, credit card payment form or authorization, a daytime phone number, and return address information.
- By Fax: A request for Nevada certificate of good standing can also be made through fax although this is applicable to expedited orders only. You will also have to fax the request along with credit card information to 775-684-5645. Note: There will be an extra fee for expedited requests.
- Online: One of the fastest ways to receive a certificate of good standing in the state of Nevada is by applying Online. We at IncParadise, offer an online request or order option for businesses in the state so that it can be processed as early as possible.
Order Your Certificate of Good Standing Today!
Why do I need a Certificate of Good Standing in Nevada?
A Nevada certificate of good standing is an important document for most business entities registered in the state. It is issued by a state agency and in Nevada; it is issued by the Secretary of State. The importance of this document is that it certifies that a business entity is legally registered within the state of Nevada and is authorized to do business in the state. The question is – why would you require this certificate?
There are several reasons why a certificate of good standing is required and some of them are:
- A certificate of good standing shows the Nevada business status. It simply means that if your business has submitted all documents pertaining to the business and met all annual requirements including requirements prescribed in NRS 78.152 or NRS 86.274 then the status of your business will be “active”. If you are unable to or fail to meet the requirements then the Secretary of State has the power to suspend or revoke the right to do business in the state. Such a situation can cause damage to the integrity and reputation of the business entity apart from the fact that you will have to apply for a reinstatement.
- A Nevada certificate of good standing indicated that the business entity has a good standing in the state and this is extremely useful for conducting financial and other transactions in the state. Whether your company is planning to work with vendors or is in the process of obtaining financing, and renewing licenses or permits, the certificate will ensure there are no impediments in the business processes.
- A foreign business entity requires a Nevada certificate of good standing by law. According to NRS 80.120 (foreign corporation) and NRS 86.5463 (foreign LLC) if a business entity doesn’t have the certificate of good standing then they will not be authorized to transact their business within this State.
How long does it take to get a certificate of good standing in Nevada?
In the state of Nevada, a certificate of good standing is also known as a “Tax Status Compliance Certificate” or “Tax Status Letter”. The Tax Compliance Certificate is issued by the Nevada Department of Taxation and once you have this letter, you can apply for a good Nevada business status certificate with the Secretary of State.
The normal processing time can vary from 10 to 15 days, and you will have to take into account additional time for mailing. You can expedite the process by applying through our easy to access ONLINE system and using it:
- You will have a personalized secure business account
- You can view the certificate order form, fill it, and submit along with the required fee
- You can save time and any extra fee for expedited service
- You will be able to view the certificate and download it right from your account
ENSURE YOU HAVE YOUR NEVADA CERTIFICATE OF GOOD STANDING
Nevada business status
UNDERSTANDING BUSINESS STATUS IN NEVADA
There are many stages of a business right from the ideation process to introducing your product or services in the national or global market. You have completed the ideation process, finalized the service or product, got your marketing or branding
strategies in place and are basically ready to roll, but, wait, where do you want to set up your business?
Why Nevada a great place to start a business?
Nevada is considered as one of the Top choices for entrepreneurs to register their start-up or just about any business in. The state of Nevada with a Gross State Product of $167 billion is ranked #9 when it comes to overall Business Costs and ranked #3 for Business Growth Prospects according to Forbes. If you have been searching for a business friendly environment, a good regulatory environment, rapid economic development, quick access to transportation and abundance of economical commercial real estate then Nevada is just the right destination for your business How about Nevada?
The state of Nevada offers just the right balance of factors that are targeted at creating and maintaining good business status Nevada. Some of the factors that make Nevada one of the best choices include:
- Several tax advantages including Zero inventory tax, No corporate income tax, No personal income tax, and No franchise tax.
- An extremely competitive utility rate for any type of commercial operations
- Several business incentives to choose from including tax abatement for capital investment and job creation
- A total state product of $170 billion in 2018 and an economy that is on the rise
- A strong and well connected transportation infrastructure
Business Status of your entity
If you are planning to register your business in the state of Nevada, one of the key to success is to ensure good business status Nevada. What is business status? In the state of Nevada, if you are planning to apply for a loan or planning to conduct business with a distributor, vendor, or partner agencies then your company needs to have a “good standing status”. Is there a way to find out if a business entity has a good standing status or not?
In the state of Nevada, any business entity including a corporation, LLC, partnership, can come face to face with a situation leading to it featuring in the “Nevada business status default” list. Now, in order to understand how your company can have a good standing business status, you have to identify the current status of your company. The different statuses include:
The Active Status
A business entity will be considered as being active if it has a good business status Nevada. This simply means that the business has not defaulted on the basis of failure to pay fee, ensure annual requirements, or submission of business documents. If all applicable fees and taxes of a business entity are paid then it will be entitled to a “Good Standing Certificate”, which will further ensure that the entity can apply for a bank account or a loan.
The Default Status
A business entity is considered to be in the Nevada business status default list if it has failed to submit their annual list or annual report along with the applicable fees by the due date pursuant to NRS 78.150 to 78.185 for business corporations and NRS 86.263 for a limited liability company. This is applicable for both domestic and foreign business entities. Any business deemed to be in default can get back to the active status if they submit the annual list or report along with fee and penalties.
Revoked Status
If your business license gets revoked by the Secretary of the state then the company will be deemed to be in the Nevada business status revoked list. The reasons for business being revoked can vary from one state to another and the statute for each state is different for different types of businesses. In the state of Nevada, if a business corporation fails to comply with the requirements prescribed in NRS 78.152 – subsection 3 then the Secretary of the state can take necessary action like suspension or revocation of the corporate charter. The statutes primarily specify that business entities in the state need to submit business documents and pay fee within their due in order to maintain good status.
Once your company is in the Nevada business status revoked, you will have to prepare and submit extensive paperwork to reinstate your business corporation, LLC, or any other type of entity. Know more about business reinstatement in Nevada!
Dissolved Status
A business entity can be dissolved or can undergo dissolution if it’s charter or articles has been revoked by the Secretary of the State or if the board of directors or any person with authority files paperwork to dissolve the company like Corporation in Nevada can be dissolved pursuant to NRS 78.580. Once a company is dissolved, its business status Nevada will not be active and it will not be able to conduct business in the state.
If your business entity is dissolved like a corporation then you can apply for reincorporation pursuant to NRS 78.725 but if it has Nevada business status revoked then what are your options?
HOW INCPARADISE HELPS?
As one of the top and most reliable registered agents in the state of Nevada, we can help you with any and all processes related to reinstatement, business formation, bringing a business to active status post default, and issuance of certificate of good standing. Let’s take a quick look into the services, we offer:
Certificate of Good Standing
This is one of the most important documents that a business entity requires in order to transact in the state. Active business status Nevada is dependent on the issuance of “Certificate of Good Standing” and you can get this document by applying to the Secretary of State. It can be ordered online, by mail, fax, and email. Once the paperwork is complete and submitted, it can take anywhere from 13-15 business days for normal processing.
Order Nevada Certificate of Good Standing
Reinstatement/Revival
Whether you have a business corporation, an LLC, or any other type of domestic or foreign company, if the “good standing” status has been revoked then you will have to apply for reinstatement. The process is tedious as the statute requires submission of several documents including:
- Name of the business entity
- File number of the business entity
- Names and titles of partners, managers, directors etc
- Address of the business or residence of each officer, manager, or director as listed
- Registered Agent Acceptance
- Completed and signed Annual List along with fee and penalty
Depending on the type of business entity, the journey from Nevada business status revoked to reinstatement is quite time consuming. This is where IncParadise can assist you with ensuring you are able to submit the required documents for processing. We can file Nevada business reinstatement documents on your behalf so that it is back in good standing status.
Apply for Nevada Business Reinstatement
Additional Services
In the state of Nevada, your company license can be revoked or it may be in the Nevada business status default list, and it could have been dissolved by someone with authority. We, as one of the reputed registered agents in Nevada, will not only assist you with getting your business back in the “good standing” list but also help in filing a variety of documents like annual list. We will help you with:
- Identifying the requirements of documents depending on the business status Nevada
- Provide guidance for filling documents and correct them if necessary
- Provide services pertaining to submission of the documents with the correct authority
- Assist with filing of Nevada Annual lists or Annual Reports – More Information
- Help calculate late fee, penalties etc., so that they can be paid along with the required documents for Reinstatement or Certificate of Good Standing