The Certificate Includes The Following
- Registered Company Name
- Business Type LLC or Corporation
- Oklahoma Registered agent name and Registered agent address
- The company is duly organised and existing under the laws of the State of Oklahoma
- The company is in Good Standing according to the State Department records
- The Oklahoma Certificate of Good Standing is signed, stamped and dated by the Oklahoma Secretary of State under seal
Obtaining Good Standing Certificate In Oklahoma
Most states want to see a certificate of good standing before allowing a company to do business in that state as a foreign entity . Companies that intend to expand abroad might also need to obtain certificate of good standing, and then certify it for foreign use .
Any company registered in Oklahoma can order Certificate of Good Standing from the Oklahoma Secretary of State, provided it is indeed is in good standing. Processing time is typically up to one business day.
We can help you obtain Certificate of Good Standing for your company from Oklahoma Secretary of State. In case your company turns out to be not in good standing, we will research the reasons and the remedies to bring it back to good standing, and will notify you of the results of our research.
What Does A Certificate Of Good Standing Confirm
A Certificate of Good Standing certifies that your business meets all the statutory requirements. The CGS confirms the business does not have any defaults in paying franchise taxes, filing annual reports , and paying any state-imposed fees.
Documentary evidence confirms your business is compliant with all state requirements. The CGS proves that your business is properly registered and authorized to do business in the state.
Oklahomas CGS contains the following information about your business:
- Registered business name
- Date of business formation
- A declaration that your business has paid all taxes and fees and filed its annual reports within the statutory timelines
- Verification that the business has not filed for dissolution
- A declaration that the business is in good standing with the Oklahoma Secretary of State
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Related: Get A Oklahoma Registered Agent
If your company was not incorporated in Oklahoma, but you wish to do business there, you need to register as a foreign entity with the state.
Acquiring Oklahoma Foreign Qualification allows a company formed in Delaware or any other state to legally transact business in Oklahoma.
Please note: information on this page is accurate to the best of our knowledge. However, requirements and costs can be changed by states at any time and Harvard Business Services cannot guarantee the accuracy of this information.
How To Get A Oklahoma Certificate Of Good Standing
It is vital that people investigate the particular state by which these are operating to discover the correct department to seek out to obtain their Certificate of proper Standing. It is actually a state-issued document and thus it must browse through the proper channels for a small business owner to get one. They must stick to the requirements with their state in order to make sure that they are doing the work properly.
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Your Business Must Meet Requirements
Of course, if you want to obtain a certificate, you must ensure that your business is currently in good standing. Those requirements depend on the state in which you are filing, but there are two things in specific that are typically required.
The first is that your business is current on any fees and taxes. The second is that you have correctly filed all required reports. If you canât confidently answer that you are current with either, you likely wonât be able to get your certificate of good standing.
There is good news, however. If you have a business registered within your state, it is easy to check online through the state business filing agency to see what your status is.
How To Get A Certificate Of Good Standing In Oklahoma
Disclaimer: Step by Step Business content is for informational and educational purposes only. Its not intended to be a substitute for professional legal or tax advice. All of our articles are thoroughly reviewed and fact-checked by our editorial team. Read our editorial guidelines for more details.
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Having The Certificate Can Matter
Whereas the certificate is just not mandatory, its still important for a corporation to exhibit they are in good standing in the states they can be operating in. When they usually do not adhere to all of their states regulations, they are able to face fines, lose the security for liabilities which they received from incorporating and lose access to their state courts, together with other issues too.
What Does An Oklahoma Good Standing Certificate Look Like
An Oklahoma Good Standing Certificate is a one page document which looks like a letter and bears the seal and signature of the state of Oklahoma Secretary of State. An Oklahoma Good Standing Certificate is proof positive that the OK Company named on the Certificate is legally eligble to do business in the state of Oklahoma.
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Why Certificates Of Good Standing Are Important
There are various reasons that a certificate of good standing is essential for different companies and corporations. This document is designed to let others know that you carry out your business legally and adequately and are trustworthy as a business. This can be important for:
- Companies you want to do business with. It assures them you have fulfilled your obligations in the past and are more likely to fulfill them in the future.
- Banks and financial institutions you are looking to receive credit or loans from. This assures them you can be trusted to pay back the money they give you.
- Individuals or other companies that you are looking to sell your business to assure them there is no hidden debt or liability before they make the purchase.
- Other states where you would like to do business as it assures them you run a legitimate company that benefits the people of their state.
- Investors you would like to receive funds from. A certificate assures them that you are not hiding large amounts of debt and can be trusted to use the funds efficiently.
You can also use this document simply to show that your business is operating as it should be and that you have nothing to hide. While it is not often requested by customers and is not required for this purpose, it can still earn increased trust from new customers.
Here is an article about why a certificate of good standing is important.
Which Oklahoma Office Issues Certificates Of Good Standing
You may request a Certificate of Good Standing with the Oklahoma Secretary of State . The service is available under the business entity services. You can file an application in person, online, or by mail.
Although the process is simple, you may not have the time or knowledge of the legal jargon. If you require a Certificate of Good Standing but dont want to deal with the hassle, let ZenBusiness take care of the process. We can help you stay in compliance so that you can focus on running your business.
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Make A Request Through The Business Filling Agency
Each state has a business filing agency that can provide a certificate of good standing. Most of the time, this will fall under the secretary of state office or a subdivision of that office. There are also some states that have an equivalent agency, one that maintains and files records.
Another thing worth considering is how you can request that certificate. Depending on the state requirements, you can do so by mail, online, email, fax, or over the phone. It also helps to know the fees, which vary exponentially from state to state. For instance, you can get it free in Colorado while you would pay $50 in Nevada, with prices running the gamut in between.
Certificate Of Good Standing Oklahoma
An Oklahoma certificate of good standing verifies that a limited liability company or corporation was legally formed and has been properly maintained.
In our Certificate of Good Standing Oklahoma guide, we will discuss the requirements for good standing and exactly how to get a certificate of good standing in Oklahoma.
Or use a professional service:
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What Could Cause You To Lose Your Good Standing
Several things could cause you to lose your good standing, but all of them are factors you would know of at the time. Nothing could cause you to lose good standing secretly or without your knowledge.
For example, you could lose your good standing by:
- Not filingannual reports as required
- Not maintaining a registered agent or office as required
- Not paying franchise taxes as required
- Not making all payments in a timely fashion
- Making mistakes in forms that are filed
- Losing your business or occupational license
- Criminal activity by the business or owner
- Failing to file required documents
Suppose you have missed payments, especially to the IRS or other government entities. In that case, you will find that your application for a certificate of good standing is denied. Getting back in good standing is quite simple in most cases.
Also, the primary reasons that someone will lose their standing are failure to pay a tax or fee or failure to file a specific document. Once these situations are remedied, your good standing is reinstated. This means that it could be a matter of a few minutes to a few hours at most to get your good standing.
However, there are some situations where it may take more work to reinstate your standing. Speaking with your state agency will allow you to find out precisely what is keeping you from getting your certificate and what you need to do to fix the problem.
Here is an article about how you could lose your good standing.
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When Is It Necessary To Apply For A Certificate Of Good Standing
While it is not a requirement to conduct business within the state, there are several situations in which that certificate would be required.
Applying for a business loan, raising investor funds, recruiting business partners, opening a business bank account, or applying for government-backed business loans. It is also required if you plan to register in a state other than the one where the business was formed.
So, while it is not imperative to have the certificate to run your business, there are a variety of situations in which that certificate can be beneficial. Just keep in mind that there are specific time frames required when presenting that certificate.
How Will A Certificate Of Proper Standing Benefit A Business
Seeing as there are benefits to having the certificate and this is termed as a Certificate of Status or perhaps a Certificate of Existence. Here are some of the benefits that go along using this type of certificate:
1. Opening An Enterprise Bank Account Will Likely Be Easier
2. Competing To Get A Government Contract Can Occur
3. Getting The Proper Insurance To The Business4. Obtaining Funding For Your Business
5. Business Partners Will Probably Be Drawn To The Organization
6. Getting Contracts Along With Other Companies
7. Proper Registration To Work Business In Another State
8. Selling The Business
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How Long Does It Take To Get An Oklahoma Certificate Of Good Standing
If you place your order for an Oklahoma Good Standing Certificate before 1 PM Oklahoma time we can get your Oklahoma Good Standing Certificate as fast as 2-3 hours. We will send you a scanned copy of your Oklahoma Good Standing Certificate by email and put a paper copy of your Certificate in the mail as soon as we get it from the OK Secretary of State.
PLEASE NOTE: WE CANNOT GUARANTEE OKLAHOMA SECRETARY OF STATE PROCESSING TIMES.
The Oklahoma Secretary of State reserves the right to extend expedite periods in time of extreme volume, staff shortage or equipment malfunction. We are dependent on, and have no control over, the staff and systems of the Oklahoma Secretary of State. In our experience the time specified is the time it usually takes the Oklahoma Secretary of State to process Good Standing Certificate orders. We get your Oklahoma Good Standing Certificate request to the Secretary of State ASAP. Once it is at the state we have very little or no control over the Oklahoma Good Standing Certificate process.
How To Obtain A Certificate Of Good Standing:
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What Is A Certificate Of Good Standing For Oklahoma
In Oklahoma, a certificate of good standing verifies that youre a legally registered business entity that is up to date on all filings and fees and permitted to do business in the state. You do not have to obtain this certificate to do business in Oklahoma, or in any state. It is simply used to verify your strong status to third parties such as banks.
Who Is Eligible For A Letter Of Good Standing
In most states, registered business entities such as corporations, partnerships, LLCs and limited liability partnerships are eligible to request a certificate of good standing. Before requesting a certificate, businesses should be up to date on their annual reports and fees and registered agent designation.
Businesses that operate as a sole proprietorship or general partnership are unincorporated. Because theyâre not registered with the state, they canât get a certificate of good standing.
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What Is An Oklahoma Good Standing Certificate
An Oklahoma Good Standing Certificate is issued by the Oklahoma Secretary of State and is often required for loans, to renew business licenses, or for tax or other business purposes in the state of Oklahoma or in any other state. An Oklahoma Certificate of Good Standing is evidence that your Oklahoma business franchise – your Oklahoma Corporation, LLC or LP – is in Existence, is authorized to transact business in the state of Oklahoma, and complies with all state of Oklahoma business requirements and therefore is in “Good Standing” in the state of Oklahoma. Also known as an Oklahoma Certificate of Existence, an Oklahoma Certificate of Status or an Oklahoma Certificate of Authority, an Oklahoma Good Standing Certificate is a one page document which looks like a letter and bears the seal of the state of Oklahoma Secretary of State. An Oklahoma Good Standing Certificate is provided by the Oklahoma Secretary of State and is conclusive evidence of the existence of your Oklahoma business franchise. In most cases an Oklahoma Certificate of Good Standing can be valid up to a year depending on the requirements of the Good Standing Certificate requester. To obtain an Oklahoma Good Standing Certificate, your company must be registered as a legal entity with the Oklahoma Secretary of State, i.e., your company is in existence in the state of Oklahoma, and cannot be in default of Oklahoma corporate rules, or suspended by the state of Oklahoma.
Oklahoma Tax Status Compliance Certificate
If you need to verify that all outstanding tax liabilities for a Oklahoma Corporation or Oklahoma LLC have been paid then you need an Oklahoma Tax Status Compliance Certificate. In Oklahoma a Tax Status Compliance Certificate is called a . An Oklahoma is issued by the Oklahoma Tax Commission and is sometimes called a Tax Clearance Certificate or an Entity Status Letter or a Certificate of Account Status .
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