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North Dakota Domestic Entity Certificate of Good Standing
A North Dakota Certificate of Good Standing for a domestic entity includes the following information:- LLCs: A North Dakota Certificate of Good Standing for an LLC verifies the date of formation and may include a statement that the LLC has complied with all applicable state requirements.
- Corporations: A North Dakota Certificate of Good Standing issued for a corporation includes the date of incorporation and may include a statement that the corporation has complied with all applicable state requirements
North Dakota Foreign Entity Certificate of Good Standing
A North Dakota Certificate of Good Standing for a foreign entity registered to do business in North Dakota includes the following information:- Entity name
- State of organization (formation state)
- Qualification date
- Statement that the entity has complied with all applicable North Dakota laws
North Dakota Certificate of Good Standing FAQs
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What is a North Dakota Certificate of Good Standing?
A North Dakota Certificate of Good Standing is a document confirming that an entity is authorized to do business in the state of North Dakota and is provided to businesses that have fulfilled “good standing” requirements, such as filing annual reports and paying franchise taxes. The North Dakota Secretary of State’s office is in charge of issuing North Dakota 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 business?Being in good standing allows a corporation, LLC, or other statutory entity in North Dakota 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 North Dakota Certificate of Good Standing?A North Dakota 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 North Dakota Certificate of Good Standing?You can order a North Dakota 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.