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Good Standing Certificate for a Domestic LLC or Corporation in New Jersey
A Certificate of Good Standing for a domestic entity (such as an LLC or corporation) is referred to as a Standing Certificate in New Jersey. This document confirms the following:
- Entity name
- Entity type (Ex. domestic, for-profit corporation)
- Formation or incorporation date
- Status as an active business in good standing
- Registered agent name and address
Good Standing Certificate for a Foreign LLC or Corporation in New Jersey
A foreign entity registered to do business in New Jersey may request a Standing Certificate with the following information:- Entity name
- Entity type (ex. Foreign LLC)
- State of organization (domestic state)
- Registration (qualification) date
- Status as an active business in good standing
- Registered agent name and address
New Jersey Certificate of Good Standing FAQs
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What is a Certificate of Good Standing in New Jersey (NJ)?
A Certificate of Good Standing certifies the legal existence of a business entity (such as an LLC or corporation) and that the entity has fulfilled state requirements, which typically include the filing of an annual report and paying any necessary state taxes and fees.
In New Jersey, this document is called a Standing Certificate and is issued by the Department of the Treasury, Division of Revenue and Enterprise Services (NJ DORES).
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Why is “good standing” important for your business?
A statutory entity (such as a corporation or LLC) in New Jersey requires a good standing status in order to maintain the rights and privileges of doing business in the state. A good standing certificate is a general requirement when expanding to other states, and may also be required for licensing, financing, and business transactions. The loss of good standing can mean fines to the business, the inability to file a lawsuit, the inability to operate in other states, and eventually the administrative dissolution of a business.
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Do I need a Certificate of Good Standing when forming an LLC in New Jersey?
A good standing certificate is not a requirement when forming an LLC in New Jersey.
An LLC may, however, need to obtain a good standing certificate for other reasons, such as for business licensing, financing, and business transactions.
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When do I need a New Jersey Certificate of Good Standing?
Businesses frequently need to obtain a Certificate of Good Standing (or the equivalent) when expanding to other states, as they will need to furnish this document as part of the registration process. For example, a New Jersey LLC wishing to do business in New York would need to supply a good standing certificate as part of the registration process, as well as obtain a New York registered agent.
Lenders, investors, and vendors can also require you to provide a Certificate of Good Standing before doing business with your company. A certificate may be a requirement for licensure. You may also need a Certificate of Good Standing for certain business transactions, such as mergers and acquisitions.
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How do I obtain a New Jersey Certificate of Good Standing?You can order a New Jersey Certificate of Good Standing 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.