Certificate of Good Standing
A business entity which is either registered with or chartered by a government agency such as Companies House is said to be in good standing if it has filed and continued to file all appropriate paperwork with them and has paid all fees which are due for its charter or the renewal thereof. When a company is in good standing with Companies House, it may obtain a certificate of good standing which indicates this to be the case.
Should you wish to open a company bank account, the bank in question might require you to present a certificate of good standing from Companies House. Also, a corporation or other limited liability entity wishing to register in another country as a foreign corporation will, upon registration, have to provide that country with a copy of a certificate of good standing from its home jurisdiction.
- Date of Incorporation
- List of Directors
- Registered Office Address
- Issued Capital
- List of Subscribers
- States that the company is up to date with its filing requirements.