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Wyoming Certificate of Good Standing for a Domestic LLC or Corporation
A domestic LLC, corporation, or other statutory entity in Wyoming can request a Certificate of Good Standing from the state. This document provides the following information:
- Entity name
- Entity type
- The entity was formed or incorporated under the laws of Wyoming
- Formation or incorporation date
- The entity is in existence and good standing with the Office of the Secretary of State of Wyoming
- All required annual reports have been filed
- All required annual license taxes have been paid
- The entity has not filed Articles of Dissolution
Wyoming Certificate of Good Standing for a Foreign LLC or Corporation
An out-of-state entity that is registered as a foreign entity in Wyoming can request a Certificate of Good Standing that provides the following information:
- Entity name
- Entity type
- State of organization (domestic state)
- Foreign qualification date
- The entity is in existence and in good standing with the Office of the Secretary of State of Wyoming
- All required annual reports have been filed
- All required annual license taxes have been paid
- The entity has not filed an Application for a Certificate of Withdrawal
Wyoming Certificate of Good Standing FAQs
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What is a Wyoming (WY) Certificate of Good Standing?
A Wyoming Certificate of Good Standing provides evidence that a business entity complies with state “good standing” requirements, such as filing annual reports and paying annual license taxes and fees. This document is issued by the State of Wyoming Office of the Secretary of State.
In other states, a good standing certificate may also be referred to as a “certificate of existence” or “certificate of status”.
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Why is it important to maintain “good standing” in Wyoming?
Being in “good standing” with the Wyoming Office of the Secretary of State allows a statutory entity (such as a corporation or LLC) to maintain the rights and privileges of doing business in the state. A business may need to provide a Certificate of Good Standing (or the equivalent) when expanding to other states. A Certificate can also be required for financing, business transactions, and business licensing.
If a business loses good standing, it can be fined, not be able to file a lawsuit, and not be able to expand to other states. Loss of good standing can eventually lead to the administrative dissolution of a business by the state.
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Is a Certificate of Good Standing required in Wyoming for an LLC or corporation?
A Certificate of Good Standing is commonly required when expanding to other states. For example, a Wyoming corporation that wishes to expand to Utah would need to supply a Certificate of Good Standing as part of the process for registering as a foreign corporation in that state. It would also need to obtain a Utah registered agent.
Lenders, investors, and vendors can request a good standing certificate before doing business with a company. A certificate may also be required for licensure or for certain business transactions, such as a merger or acquisition.
Wyoming does not require a Certificate of Good Standing when forming a new LLC or corporation although it may be necessary to obtain it for one of the reasons listed above.
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How do I get a Wyoming (WY) Certificate of Good Standing?You can order a Wyoming 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.