An Oregon certificate of good standing verifies that a limited liability company (LLC) or corporation was legally formed and has been properly maintained.
In our Certificate of Good Standing Oregon guide, we will discuss the requirements for good standing and exactly how to get a certificate of good standing in Oregon.
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How Do I Get a Certificate of Good Standing in Oregon?
You can obtain your certificate of good standing, known as a certificate of existence in Oregon, by requesting it from the Secretary of State.
There are two main steps for getting your certificate of good standing:
What is a certificate of good standing? A certificate of good standing is a state document that verifies your business was legally formed and has been properly maintained.
Step 1. Make Sure Your Oregon Business is Compliant
To qualify for an Oregon certificate of existence, your business must stay up-to-date with state compliance requirements:
Licenses & Permits
To operate your business in Oregon, you must follow federal, state, and local licensing guidelines. This can include regulations like health permits and building permits.
You can find out more about state licensing requirements with the Oregon Business Xpress License Directory website.
Depending on your business activity, you will have to register for different forms of Oregon state tax. This can include withholding tax or Unemployment Insurance (UI) tax.
Oregon does not have a state sales tax.
All Oregon LLCs and corporations must file an annual report. This report verifies the business’s basic information including its principal office address and registered agent information.
The annual report is filed online with the Secretary of State. It is due on the date on which the business was formed. The filing fee is $100.
Step 2. Order Your Oregon Certificate of Good Standing
Once your business remains compliant with the state, you can request an Oregon certificate of existence from the Secretary of State. This can be done by mail, by fax, or in person.
ORDER AN OREGON CERTIFICATE OF EXISTENCE
Order by Mail, by Fax, or In-Person With the Secretary of State
Filing Cost: $10
Secretary of State Corporation Division
255 Capitol St. NE, Suite 151
Salem, OR 97310-1327
Fax: (503) 378-6520
Do I Need a Certificate of Good Standing in Oregon?
While you don’t necessarily need a certificate of existence to run your business in Oregon, there are several instances where you may need to get one. These include:
- Purchasing business insurance
- Applying for business loans
- Opening a business checking account
- Registering to do business in other states
Oregon Certificate of Good Standing FAQ
What is an Oregon certificate of good standing?
A certificate of good standing is a legal document that confirms that your business is compliant with state regulations.
In Oregon, a certificate of good standing is known as a certificate of existence.
Certificates of good standing are also known as certificates of status or certificates of compliance.
How do I get a certificate of good standing?
You can get an Oregon certificate of existence by remaining compliant with state regulations and ordering a certificate by mail, by fax, or in person.
How much does a certificate of good standing cost?
In Oregon, ordering a certificate of existence costs $10.
How soon do you need a certificate of good standing?
Because many banks and insurance companies will want a business’s certificate of good standing in order to do business, we recommend getting one as soon as possible.
How long is the certificate of good standing valid for?
An Oregon certificate of existence does not have a set expiration date. However, requesters — such as banks, creditors, and foreign business states — often have their own guidelines for a certificate's validity.
What does a certificate of good standing mean?
Obtaining an Oregon certificate of existence means that the state recognizes your business as both active and compliant.
When do you need a certificate of good standing?
Oregon businesses often need a certificate of existence in order to do business outside of Oregon, obtain business loans, open business bank accounts, or purchase business insurance.
Who is required to get a certificate of good standing?
Oregon businesses are not legally required to obtain a certificate of existence. However, your business may choose to get one if you decide to do business outside of Oregon or get a business bank account.
Where do I find a certificate of good standing?
After ordering your Oregon certificate of existence, the Secretary of State will either mail or fax your certificate to you. You can also pick it up in person.