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Idaho Domestic Entity Certificate of Existence (Good Standing)
An Idaho Certificate of Existence for a domestic LLC certifies the entity’s formation date and that the LLC is in good standing.
An Idaho Certificate of Existence for a domestic corporation certifies the date of incorporation and that the corporation is in good standing.
Idaho Foreign Entity Certificate of Existence (Good Standing)
An Idaho Certificate of Existence for a foreign entity may include the following information:
- Entity name
- Filing type (ex. foreign business corporation)
- Foreign qualification date
- State of organization (home state)
- Confirmation of active and good standing status
- Statement that the foreign entity is authorized to transact business in Idaho
Idaho Certificate of Good Standing FAQs
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What is an Idaho Certificate of Existence?
An Idaho Certificate of Existence (also known as a Certificate of Good Standing) is a state-issued document that confirms that an entity is properly registered to do business in the state of Idaho. It is issued to active business entities that are not in the process of dissolution or withdrawal and have fulfilled certain Idaho “good standing” requirements, such as filing annual reports and paying required fees. The Idaho Secretary of State’s office is responsible for issuing the Idaho Certificate of Existence.
Other names for this document include “certificate of authorization”, “certificate of status”, and “standing certificate”.
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Is there a difference between an Idaho Certificate of Existence and an Idaho Certificate of Good Standing?An Idaho Certificate of Existence is the equivalent to an Idaho Certificate of Good Standing.
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Why is “good standing” important for your Idaho business?Being in good standing allows a corporation, LLC, or other statutory entity in Idaho to maintain the rights and privileges of doing business as that statutory entity. Good standing certificates are required when expanding to other states and may be required for financing, business transactions, and licensing. The consequences of losing good standing can include fines, the inability to file a lawsuit, the inability to do business in other states, and the administrative dissolution of your business.
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When do you need an Idaho Certificate of Existence?An Idaho Certificate of Existence is required when your business expands to another state (otherwise known as a foreign qualification) and needs to register in that state as a foreign corporation or LLC. In addition, lenders, investors, and vendors often require a Certificate of Existence (Good Standing) before doing business with a company. Depending on the type of business, you may need to submit a Certificate of Existence or Good Standing to obtain licensure. You may also need a Certificate of Existence for other business transactions, such as a merger or acquisition.
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How do I obtain an Idaho Certificate of Existence?You can order an Idaho Certificate of Existence 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.