New York Certificate of Status

A New York Certificate of Status (Good Standing) for a domestic entity includes the following elements:

• The date of filing articles of incorporation/date of organization
• For an LLC - A statement that no cancellation has been filed, and that the limited liability company is authorized to exercise all its powers and privileges and is in good legal standing.
• For a Corporation - That there is no record that the corporation has been dissolved or that corporation's existence has been terminated by merger and that, according to the records of Secretary of State, the corporation is authorized to exercise all its rights and privileges and is in good legal standing in New York.

A New York Certificate of Status (Good Standing) for a foreign entity includes the following elements:

• State of organization /Domestic state
• Entity name
• Date of registration
• For an LLC - A statement that its registration has not been canceled; and a statement that it is entitled to transact business in New York, subject to any licensing requirements
• For a Corporation – That the corporation is authorized to transact business in New York, and that corporation is in good legal standing in New York

FAQs

What is a Certificate of Status?

A Certificate of Status is a state-issued document that proves your business exists and has maintained compliance with all state requirements, such as filing annual reports and paying franchise taxes. Some states refer to this document as a "Certificate of Good Standing", a “Certificate of Existence” or a “Certificate of Authorization”.

When do you need a Certificate of Status?

You'll need a Certificate of Status when your business expands to another state (otherwise known as a foreign qualification) or when you wish to obtain or renew certain types of financing, loans, or licenses, as in the case of a merger acquisition.