There are several instances where you may need to obtain a Certificate of Status for your corporation. This one-page document serves as confirmation that the corporation is active, as of the day the certificate is issued.
What’s The Difference Between a Certificate of Status, Certificate of Good Standing and Certificate of Compliance?
Depending on which jurisdiction you’re obtaining this document from, it is known as one of these 3 names, Certificate of Status, Certificate of Good Standing or Certificate of Compliance. In Quebec, this is called Certificat d’attestation, and is only available in French. Regardless of which jurisdiction you’re obtaining this certificate from, each variance of this document provides the same information, whether the existing corporation is active or not.
This Certificate can only be obtained from the home jurisdiction of a corporation, regardless of where else it may be registered. For example, a Federal corporation that is also registered in Ontario, can only obtain the Federal Certificate of Compliance
How Quickly Can I Get This Document?
Ontario Business Central, generally obtains the certificate on the same day they’re ordered. We email the certificate electronically, so you’ll get the completed documents quickly, and you’ll have a digital copy that you can save or forward to whoever needs it.
Why Would You Require A Certificate of Status?
You may need to get a Certificate of Status, Certificate of Compliance or Good Standing for a number of different reasons, including:
- To purchase or sell a corporation
- To register your corporation in another jurisdiction
- To comply with professional governing body regulations
- To provide to financial institutions
How Long Is A Certificate of Status Valid?
If this document has been requested, whether it be from a bank, professional governing body, or other entity, they are typically looking for a Certificate that’s no more than 60 days old. You can check with the individual requesting the document to see their specifications for how long they consider the Certificate to be valid for.
There are a number of different corporate searches that are available to you, depending on which type of information you’re looking for. If you have any questions about the different types of searches available, you can contact us to get more information about what each search would provide.
If you have any questions about conducting a obtaining a Certificate of Status or any other corporate searches, please feel free to contact our staff for additional information and assistance.
Office Hours: 9:00am – 5:00pm
Monday – Friday E.S.T.
Ontario Business Central Inc. is not a law firm and cannot provide a legal opinion or advice. This information is to assist you in understanding the requirements of registration within the chosen jurisdiction. It is always recommended, when you have legal or accounting questions that you speak to a qualified professional.