Kansas Domestic Entity Certificate of Good Standing
A Kansas Certificate of Good Standing for a domestic LLC or domestic corporation certifies the following information:
- Entity name
- Entity type (ex. domestic for profit corporation)
- Resident agent/office
- Date of formation or incorporation
- Confirmation of good standing status
- Confirmation that the domestic LLC or corporation is in compliance with the requirements of the Secretary of State
Kansas Foreign Entity Certificate of Good Standing
A Kansas Certificate of Good Standing for a foreign entity registered to do business in Kansas includes the following information:
- Entity name
- Entity type (ex. foreign for profit corporation)
- Resident agent/office
- State of organization (home state)
- Date of qualification
- Confirmation of good standing status
- Confirmation that the foreign entity is in compliance with the requirements of the Secretary of State
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What is a Kansas Certificate of Good Standing?
A Kansas Certificate of Good Standing is a document confirming that an entity is authorized to do business or to conduct affairs in the state of Kansas and that it has maintained compliance with Kansas “good standing” requirements, such as filing annual reports and paying franchise taxes. The Kansas Secretary of State’s office is in charge of issuing Kansas Certificates of Good Standing.
In other states, this document may be called a “certificate of existence”, “certificate of authorization”, and “standing certificate”.
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Why is “good standing” important for your Kansas business?Being in good standing allows a corporation, LLC, or other statutory entity in Kansas 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 a Kansas Certificate of Good Standing?A Kansas Certificate of Good Standing 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 Good Standing before doing business with a company. You may need to submit a Certificate of Good Standing to obtain licensure. You may also need a Certificate of Good Standing for other business transactions, such as a merger or acquisition.
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How do I obtain a Kansas Certificate of Good Standing?You can order a Kansas Certificate of Good Standing online today from CT Corporation or contact us for additional information.