A Wisconsin certificate of good standing confirms that a limited liability company (LLC) or corporation was founded lawfully and is being properly maintained.
We will explore the qualifications for good standing and how to get a certificate of good standing in Wisconsin in our Certificate of Good Standing Wisconsin guide.
How Do I Obtain a Wisconsin Certificate of Good Standing?
Request your certificate of good standing, also known as a certificate of status in Wisconsin, from the Department of Financial Institutions.
There are two major processes involved in obtaining your certificate of good standing:
1. Maintain your LLC’s compliance
2. Request a certificate of good standing.
What exactly is a good standing certificate? A certificate of good standing is a state document that confirms your company was created lawfully and has been properly maintained.
Step 1: Ensure that your Wisconsin business is in compliance.
To qualify for a Wisconsin certificate of status, your company must meet the following state compliance requirements:
Permits and Licenses
To run a company in Wisconsin, you must adhere to federal, state, and municipal licensing requirements. Regulations such as health permits and construction permits are examples of this.
The Wisconsin Department of Safety and Professional Services website has further information about state licensure requirements.
State levies
Depending on your company activity, you may be required to register for several types of Wisconsin state tax. Sales tax, withholding tax, and Unemployment Insurance (UI) tax are all examples of this.
Reports on a Year
Every Wisconsin LLC and company is required to submit an annual report. This report confirms the company’s fundamental facts, such as its primary office location and registered agent.
The report must be submitted to the Department of Financial Institutions online. It is required by the conclusion of the fiscal quarter in which the company was founded. The application cost is $25.
Step 2: Obtain a Wisconsin Certificate of Good Standing.
If your company stays in good standing with the state, you may apply for a Wisconsin certificate of status from the Wisconsin Department of Financial Institutions. This may be done online or in the mail.
Is a Certificate of Good Standing Required in Wisconsin?
While you don’t always require a certificate of compliance to manage a company in Wisconsin, there are a few situations when you could. These are some examples:
Purchasing commercial insurance
Applying for commercial loans
Setting up a business checking account
Getting a business license in another state
