BC Certificate of Good Standing
Order a Certificate of Good Standing also sometimes known as a Certificate of Status or a Certificate of Compliance for a Provincial, Territorial or Federal Canadian Company.
The Certificate will show the name of the company, the date of incorporation and confirm the company has not been dissolved and is in good standing.
Business entities use a Cerificate of Good Standing to prove they are incorporated and authorized to transact business in a certain jurisdiction. The "good standing" status signifies an entity is current with the filing requirements, as well as being current with any corporate franchise taxes in that jurisdiction.
Banks will often require a Certificate of Good Standing from a business both when opening bank accounts as well as when obtaining financing, so most people make sure and order one at the time they incorporate so they can immediately open their business bank accounts upon receipt of their filed formation documents.
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