Certificate of Good Standing for a Domestic Entity in Mississippi
A Mississippi Certificate of Good Standing for a domestic LLC or corporation typically includes the following information:
- Entity name
- Formation or incorporation date
- Duration term
- The most recent annual report has been filed
- All fees, taxes, and penalties owed to the state have been paid
- The entity has not filed Articles of Dissolution
Certificate of Good Standing for a Foreign Entity in Mississippi
A Mississippi good standing certificate for a foreign LLC or corporation may include the following information:
- Entity name being used in Mississippi
- Entity type (i.e., LLC, corporation)
- State of organization (domestic state)
- Duration term
- Issuance date of Certificate of Authority
- The most recent annual report has been filed
- All fees, taxes, and penalties owed to the state have been paid
- The entity has not filed a Certificate of Withdrawal
Certificate of Compliance or Certificate of Good Standing
$94 +state fees*
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What is a Mississippi Certificate of Good Standing?
A Mississippi Certificate of Good Standing is an official document issued by the Mississippi Secretary of State’s office that confirms that a corporation, LLC, or other business entity has fulfilled the state’s “good standing” requirements, such as filing an annual report and paying all necessary state fees and taxes.
Other names for this document include “certificate of existence”, “certificate of status”, and “standing certificate”
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Why is “good standing” important for your business?Being in good standing allows a corporation, LLC, or other statutory entity in Mississippi to maintain the rights and privileges of doing business in the state. A business may need to provide a Certificate of Good Standing when expanding to other states or 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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Does Mississippi require you to obtain a Certificate of Good Standing or Existence?
Domestic Mississippi businesses need to obtain a Certificate of Good Standing from the Mississippi Secretary of State’s office if they wish to expand to another state (otherwise known as a foreign qualification) and register in that state as a foreign business entity. Mississippi requires out-of-state (i.e., foreign) businesses to provide a Certificate of Good Standing from their home state as part of the registration process.
Mississippi does not require a Certificate of Good Standing or Existence as part of the formation or incorporation process for new businesses.
However, banks, lenders, investors, and vendors may request a Certificate of Good Standing before doing business with a company. You may also need a Certificate of Good Standing for licensure or for other business transactions, such as a merger or acquisition.
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How do I get a Certificate of Good Standing in Mississippi?You can order a Certificate of Good Standing online today from CT Corporation or contact us for additional information.