A California Certificate of Status, also known as a Certificate of Good Standing, is an official document issued by the California Secretary of State. This certificate affirms that your LLC is legally registered and compliant with the state’s regulations up to the date the certificate is issued. It’s a testament to the fact that your LLC is in good standing with the state, has duly paid all required fees, and has filed all necessary documents.
This certificate can be invaluable in various situations. For instance, if you’re looking to do business outside California, the other states may require a Certificate of Status to register or qualify your LLC to do business there. It may also be requested by lenders when you’re seeking financing, or by potential investors, partners, or buyers if you’re looking to sell your business.
Obtaining a California Certificate of Status is straightforward. You’ll need to submit a request to the California Secretary of State, either by mail or in person, along with the requisite fee. As of the last update, the fee for a Certificate of Status is $5, and expedited service is available for an additional fee if you need the certificate in a hurry.
This certificate serves as a badge of credibility and legality, showcasing that your LLC is operating in compliance with California state requirements, thereby instilling confidence in those you do business with.