What it Means to be in Good Standing

A business that is in good standing has satisfied all of its state government and tax requirements. Keeping your company in good standing is good business and will help you to protect your personal assets from business liablities, among other things.

Most of our customers cite personal asset protection as one of the main reasons they chose to form an LLC or incorporate. However, many business owners do not know that the act of forming a legal business structure does not automatically mean they are protected. Business owners must make sure that they continue to keep their corporation or LLC in compliance with state law.

You can avoid numerous problems and costly fines by understanding and meeting your company's required compliance obligations. We can help.

Why Some Business Owners Fail to Maintain Good Standing

Like many business owners, you may believe that some corporate or LLC requirements don't apply to your business. You may think complying with government rules seems too costly. Or, perhaps you just feel too busy to wade through the complexity of changing regulations. If you are nodding your head in agreement, we have a solution for you.

How to Keep Your LLC or Corporation in Good Standing

As your Registered Agent, The Company Corporation can provide you with clear and direct answers to your questions about how to remain in good standing. We have developed a Web-based compliance tool to help you track government-related business requirements. No other service company offers its customers a resource like "My Account."

We've compiled a list of must do items and developed an e-mail alert system to notify you of upcoming legal obligations. View a demo of My Account to see how we help business owners like you stay compliant and grow your business. Or, get started now by enrolling in My Account and setting up a secure, personalized password for your business.

How Else Can The Company Corporation Help You?

We can order your business a Certificate of Good Standing from the Secretary of State. Banks, lenders, and potential business partners often request a Certificate of Good Standing to verify a company's status.

To order a Certificate of Good Standing, or learn more about the My Account compliance tool, contact one of our Business Specialists at 800-818-6082 (toll-free) or 302-636-5440.