A New Jersey certificate of good standing (NJ) is a legal document that verifies that your limited liability company (LLC) or corporation was correctly formed and is in good standing with the state.
This Certificate of Good Standing New Jersey guide will explain how to get a certificate of good standing in New Jersey and the requirements to get a good standing certificate.
What is a Certificate of Good Standing?
The certificate- of good standing, aka “certificate of existence,” confirms that a company is up-to-date with its filings and has no legal issues preventing it from conducting business.
This state document verifies that you have legally formed your LLC or corporation and that your company is properly maintained.
Requirements for Getting a New Jersey Certificate of Good Standing
In New Jersey, the certificate of good standing is known as a certificate of compliance issued by the New Jersey Secretary of State. To qualify for a New Jersey certificate of compliance, make sure your corporation or LLC is up-to-date with the following state compliance requirements.
Obtain Business Licenses & Permits
Follow federal, state, and local licensing guidelines to operate your business in New Jersey in a state-compliant manner. Some examples include health permits, building permits, medical and other professional licenses, etc.
To find out more about state licensing requirements, visit the New Jersey Business Portal website.
Pay State Taxes
Different businesses are subjected to different taxes such as New Jersey Unemployment Insurance (UI) tax, withholding tax, sales tax, etc. Depending on your business activity, you must register for various forms of New Jersey state tax.
Timely Submit Annual Reports
All New Jersey corporations and LLCs must file an annual report that summarizes their business’s finances over the past year.
The New Jersey Department of Treasury’s Division of Revenue and Enterprise Services requires your business to submit an annual report. The New Jersey LLC annual report filing fee is $75 and is due by the end of the month in which the business was formed.
How Do I Get a Certificate of Good Standing in New Jersey?
Once your business is up-to-date with all filings and compliance requirements, you can order your certificate of Good Standing from the state authority.
You can access and print your certificate online or request one using this easy form for your LLC, corporations, or partnerships in New Mexico. So, you can:
- Get a Certificate of Good Standing for LLC
- Get a Certificate of Good Standing for Corporation
- Get a Certificate of Good Standing for Partnership
The New Jersey certificate of compliance is requested from the New Jersey Division of Revenue and Enterprise Services. To order your certificate of compliance online from the Division of Revenue and Enterprise Services, click the following link.
Mailing Address:
NJ Division of Revenue and Enterprise Services
Certification and Status Unit
P.O. Box 450
Trenton, NJ 08646In-Person Submission Address:
NJ Division of Revenue and Enterprise Services
Certification and Status Unit
33 West State Street, 5th Floor
Trenton, NJ 08608Fax: (609) 984-6855
The filing Cost for the New Jersey Certificate of Good Standing is $50 for an online, faxed, or mailed certificate and in-person submission.
Why Do I Need a Certificate of Good Standing in New Jersey?
While you don’t necessarily need a certificate of compliance to run your LLC or corporation in New Jersey, there are several instances where you may need to get one. These include:
- Opening a business bank account
- Applying for a business loan or line of credit from a bank
- Purchasing business insurance
- Trying to lease commercial space
- Soliciting funds from potential investors
- You want to register your LLC or other business in another state as a foreign or out-of-state LLC
- You want to Transfer or domesticate your business to another state
- You’re selling your business, and the buyer wants proof that the company is in good legal standing
- You are contracting with another company
- You need to show compliance with government regulations in any other situation
FAQs on New Jersey Certificate of Good Standing
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