A Certificate of Good Standing is a record that attests to a company’s existence and adherence to state regulations. It is sometimes referred to as a Certificate of Authorization or a Certificate of Existence. This document is provided by the Secretary of State’s office in New Mexico. Any company that wishes to carry out business outside of New Mexico, secure funding, or seek for specific licenses must have it. A guide to obtaining a Certificate of Good Standing in New Mexico can be found here.
A Certificate of Good Standing is also known as a Certificate of Status. Therefore, the answer is yes; New Mexico requires a Certificate of Good Standing. Any company that wishes to conduct business outside the state or apply for certain permits must have this document. WHO Publishes a Certificate of Good Standing?
In New Mexico, a Certificate of Good Standing is issued by the Secretary of State’s office. All business entities registered in the state’s registry must have their records kept up to date by the office. You must submit an application to the Secretary of State’s office in order to receive a Certificate of Good Standing.
Is an Annual Report Required in New Mexico? Yes, businesses must submit an annual report in New Mexico. On the anniversary of the company’s founding, the report is due. The company’s directors, officers, and registered agent are among the details listed in the annual report. If you don’t submit the report by the deadline, you risk fines and perhaps having your business’s status revoked.
Do You Need a Status Certificate? A Certificate of Good Standing is required if you want to conduct business outside of New Mexico or apply for specific permits. This document serves as evidence that your company complies with state regulations and is legitimate to conduct business in New Mexico.
Finally, any company that wishes to conduct business outside of New Mexico or apply for certain permits must have a Certificate of Good Standing. You can request it online or by mail from the Secretary of State’s office, which is the one that issues it. Don’t forget to submit your Annual Report each year to avoid fines and make sure your company is still operating legally.