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Certificate of Status (Good Standing) for a California domestic entity includes the following:
- The date of filing articles of incorporation/date of organization
- For an LLC - A statement that no cancellation has been filed, and that the limited liability company is authorized to exercise all its powers and privileges and is in good legal standing.
- For a Corporation - That there is no record that the corporation has been dissolved or that corporation's existence has been terminated by merger and that, according to the records of Secretary of State, the corporation is authorized to exercise all its rights and privileges and is in good legal standing in California.
Certificate of Status (Good Standing) for a California foreign entity includes the following:
- State of organization /Domestic state
- Entity name
- Date of registration
- For an LLC - A statement that its registration has not been canceled; and a statement that it is entitled to transact business in California, subject to any licensing requirements
- For a Corporation – That the corporation is authorized to transact business in California, and that corporation is in good legal standing in California
California Certificate of Status FAQs
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What is a California Certificate of Status?
A California Certificate of Status (also known as a Certificate of Good Standing) is a state-issued document that confirms the active status of a business and that the business has maintained compliance with all California business requirements, such as filing annual reports and paying franchise taxes. The California Secretary of State office is in charge of issuing California Certificates of Status and other business entity records.
This document is commonly referred to as a Certificate of Good Standing. Other names include “certificate of existence”, “certificate of authorization”, and “standing certificate”.
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Is there a difference between a California Certificate of Status and a California Certificate of Good Standing?A California Certificate of Status is the same as a California Certificate of Good Standing.
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Why is “good standing” important for your California business?Being in good standing allows a corporation or LLC in California to maintain the rights and privileges of doing business as a statutory entity. Good standing certificates are required when expanding to other states and may be required for financing and business transactions. The consequences of losing good standing can include fines, inability to file a lawsuit, inability to do business in other states, and the administrative dissolution of your corporation or LLC.
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When do you need a California Certificate of Status?A California Certificate of Status is required when your business expands to another state (otherwise known as a foreign qualification) and needs to register as a foreign corporation or LLC. In addition, lenders, investors, and vendors often require a Certificate of Status (Good Standing) before doing business with a company. You may also need a Certificate of Status to obtain licensure or for other business transactions, such as a merger or acquisition.
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How do I obtain a California Certificate of Status?You can order a California Certificate of Status online today from CT Corporation or contact us for additional information.
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*State fees are mandatory fees imposed by the state. Price includes online discount automatically applied at checkout. Discount is for new customers only.