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A Certificate of Good Standing, sometimes called a Certificate of Existence or Certificate of Authorization, is a state-issued document used to demonstrate that a corporation or limited liability company exists or is authorized to do business in the state and has complied with all state-required formalities. Businesses often must obtain a Certificate of Good Standing before undertaking certain filings in a new state, such as a foreign qualification or before completing official business transactions or contracts, such as license renewal, selling the business or obtaining financing. You maintain Good Standing by ensuring compliance with your state’s laws, including fulfilling an annual report or filing requirements for the state where the company was formed and registered to do business.
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You don’t need to live in Nevada to enjoy the best asset protection
and audit defense a Nevada LLC can provide.
To learn more, contact a Nevada Corporate Headquarters representative at 1-800-508-1729.