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Certificate of Good Standing (Status) for a Domestic LLC or Corporation in Vermont
A domestic LLC, corporation, or other statutory entity in Vermont may request a Certificate of Good Standing (Status) that confirms the following:
- Entity name
- The entity was formed or incorporated under the laws of the State of Vermont
- Formation or incorporation date
- Duration term
- The most recent annual report has been filed
- Articles of Dissolution have not been filed
Certificate of Good Standing (Status) for a Foreign LLC or Corporation in Vermont
A foreign LLC, corporation, or other statutory entity in Vermont may request a Certificate of Good Standing (Status) that confirms the following:
- Entity name
- Entity type
- State of organization (domestic state)
- Foreign qualification date
- Duration term
- The most recent annual report has been filed
- Application for withdrawal has not been filed
Vermont Certificate of Good Standing (Status) FAQs
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What is a Vermont (VT) Certificate of Good Standing (Status)?
A Certificate of Good Standing (Status) in Vermont (VT) provides evidence that a business entity is in compliance with state requirements to retain the rights to its business name and has the authority to conduct business under that name in the state. In Vermont, this document, also referred to as a “certificate of existence or authorization”.
There is a separate Certificate of Good Standing issued by the Vermont Department of Taxes that confirms whether a business has paid all tax liabilities owed (or is an approved payment plan) and that all required returns have been filed to date.
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Why is “good standing” important for your business?
Maintaining good standing for a corporation, LLC, or other statutory entity allows it to maintain the rights and privileges of doing business in a state. A business may need to provide a Certificate of Good Standing (or the equivalent) when expanding to other states or for financing, business transactions, and business licensing. The loss of good standing can mean fines, losing the ability to file a lawsuit, not being able to do business in other states, and ultimately the administrative dissolution of your business.
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When does an LLC or corporation in Vermont need a Certificate of Good Standing (Status)?
A business that wants to expand to other states may need to provide a good standing certificate as part of the foreign qualification process in those states.
Lenders, investors, and vendors can also require a Certificate of Good Standing before doing business with a company. You may need to submit this certificate to obtain a business license. 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 Certificate of Good Standing (Existence) in South Carolina?You can order a Vermont Certificate of Good Standing (Status) 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.