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Certificate of Good Standing for a Domestic Entity in Oklahoma
A statutory entity (such as a corporation, LLC, or limited partnership) created in Oklahoma may request a state-issued Certificate of Good Standing. The document includes the following information:
- Entity name
- Formation or incorporation date
- The most recent annual report has been filed
- Entity is in good standing and is authorized to transact business in Oklahoma
Certificate of Good Standing for a Foreign Entity in Oklahoma
An out-of-state entity registered to do business in Oklahoma may request a Certificate of Good Standing, which typically includes the following information:- Entity name
- State of organization (domestic state)
- Foreign qualification date
- The most recent annual report has been filed
- Entity is in good standing and is authorized to transact business in Oklahoma
Oklahoma Certificate of Good Standing FAQs
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What is a Certificate of Good Standing for an LLC or corporation in Oklahoma (OK)?
A Certificate of Good Standing provides evidence that a statutory entity (e.g. LLC, LP, corporation) is registered in Oklahoma and is in compliance with state requirements, such as filing an annual report and paying required state fees. The Oklahoma Secretary of State's office is responsible for issuing Certificates of Good Standing.
In other states, a good standing certificate may be referred to as a “certificate of existence” or “certificate of status”.
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Why is “good standing” important for your business?
Being in good standing allows a business entity registered in Oklahoma to maintain the rights and privileges of doing business in the state. A business may need to obtain a good standing certificate before expanding to other states or for financing, business transactions, and licensing. The loss of good standing can lead to fines, the inability to file a lawsuit, the inability to do business in other states, and the administrative dissolution of the business.
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When do you need a Certificate of Good Standing in Oklahoma?
A common reason why a business would need to obtain a Certificate of Good Standing is when it plans on expanding to other states. For example, if an Oklahoma LLC wishes to operate in Florida, it will need to furnish an Oklahoma Certificate of Good Standing as part of the process for registering as a foreign LLC in Florida, as well as designate a Florida registered agent.
Lenders, investors, and vendors can also require a Certificate of Good Standing before doing business with a company. A good standing certificate may be required to obtain licenses or permits.
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How to get an Oklahoma (OK) Certificate of Good StandingYou can order an Oklahoma 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.