Delaware Certificate of Good Standing
A Delaware Certificate of Good Standing is a document your company may need obtain to do certain business-related activities, including opening a business bank account, getting a loan, and buying property. Here’s what you need to know about this important business certificate.
What Is a Delaware Certificate of Good Standing?
A Delaware Certificate of Good Standing is a document issued by the Delaware Certificate of State that shows a company is up-to-date on paying franchise tax and, for corporations, filed its annual report. A bank may require one to open a business bank account.
Your Delaware Corporation or LLC must be up-to-date with regards to all fees and penalties owed to the state in order to maintain its Good Standing with the Delaware Secretary of State. Additionally, a corporation must file an Annual Report listing its directors.
We can help your company maintain this Good Standing status.
How to Order a Delaware Certificate of Good Standing
We can obtain a Delaware Certificate of Good Standing and e-mail it to you for $99 (the State charge of $50 plus a $49 processing fee). Some other agents charge as much as $130 for this service.
We can often produce the Good Standing within minutes. This document is required by many states as supporting documentation when submitting a Certificate of Authority to your home state to become a registered foreign corporation or foreign LLC. (Note: You can request this service at the time of formation or at a later date). A bank or lender will require a Certificate of Good Standing that was dated within the last 30 to 60 days, so timing is important.
When deciding where to form your company, consider that Delaware has advantages over your home state that may benefit you. Go