In New Mexico a Good Standing Certificate is called a Certificate of Compliance.  This sometimes causes confusion when the requesting party, commonly the Secretary of State in another state besides New Mexico, requests a "Good Standing Certificate".  In these cases a New Mexico Certificate of Compliance will fulfill the requirements for a New Mexico Good Standing Certificate.

A New Mexico Good Standing Certificate is issued by the New Mexico Secretary of State and is often required for loans, to renew business licenses, or for tax or other business purposes in the state of New Mexico or in any other state.

A New Mexico Certificate of Good Standing is evidence that your New Mexico business franchise - your New Mexico Corporation, LLC or LP - is in Existence, is authorized to transact business in the state of New Mexico, and complies with all state of New Mexico business requirements and therefore is in "Good Standing" in the state of New Mexico.

Also known as a New Mexico Certificate of Existence, a New Mexico Certificate of Status or a New Mexico Certificate of Authority, a New Mexico Good Standing Certificate is a one page document which looks like a letter and bears the seal of the state of New Mexico Secretary of State. A New Mexico Good Standing Certificate is provided by the New Mexico Secretary of State and is conclusive evidence of the existence of your New Mexico business franchise. In most cases a New Mexico Certificate of Good Standing can be valid up to a year depending on the requirements of the Good Standing Certificate requester.

To obtain a New Mexico Good Standing Certificate, your company must be registered as a legal entity with the New Mexico Secretary of State, i.e., your company is in existence in the state of New Mexico, and cannot be in default of New Mexico corporate rules, or suspended by the state of New Mexico.

Total cost for a New Mexico Good Standing Certificate depends on the type of company - Corporation, LLC, LLP, LP - and how fast you need the Certificate. Choose your options in the Good Standing Certificate Cost Calculator below to determine exactly how much your New Mexico Good Standing Certificate will cost.

• The New Mexico company must be registered as a legal entity with the New Mexico Secretary of State as a Corporation, LLC or LP.
• The New Mexico company cannot be in default or suspended as defined by the laws of the state of New Mexico.
• The New Mexico company must have filed all reports required by the New Mexico Secretary of State or any other state of New Mexico agency.

Some states verify that all taxes have been paid and all required reports have been filed. Other states include bare minimum language that confirms only that a company is in existence and has not been dissolved.

Along with the issuance date and signature of the New Mexico Secretary of State, a New Mexico Good Standing Certificate includes the following information:

A Corporation, LP or LLC that is registered in the state of New Mexico may require a New Mexico Good Standing Certificate to qualify as a "Foreign Corporation" in a state other than New Mexico.  A Foreign Corporation is a Corporation that is registered with a state agency, usually the Secretary of State, in one state and has the Authority to do business in another state. 

For example, a Corporation registered in the state of California that plans to do business in the state of New Mexico is a "Domestic Corporation" in California and a "Foreign Corporation" in the state of New Mexico.

All states require you to register as a Foreign Corporation with a state agency, usually the Secretary of State, in order to do business in their state.  In order to register as a Foreign Corporation in any state you must provide evidence that you are registered and are in Good Standing in another state as a Domestic Corporation or LLC.  This evidence is a Certificate of Good Standing from the state in which your Corporation or LLC was originally formed.

A New Mexico Good Standing Certificate is legal and official proof of Good Standing from the New Mexico Secretary of State.

If your Corporation, LLC or LP falls out of Good Standing with the NM Secretary of State it is technically illegal for your company to do business in the state of New Mexico or any other state. This could lead to the piercing of the corporate veil and make the owners of the New Mexico business liable for penalties and law suits.

In order to get back into Good Standing you will have to pay a Reinstatement Fee.

The cost to Reinstate a New Mexico Company depends on the exactly why the Corporation, LLC or LP is not in Good Standing. In some cases the fees for reinstatement of a New Mexico Company may be more expensive that those for walking away from the business and then creating an entirely new company.

A New Mexico Good Standing Certificate is issued by the New Mexico Secretary of State for business entities that have registered with the state of New Mexico.  A Sole Proprietorship or DBA is not normally registered with the New Mexico Secretary of State so a New Mexico Certificate of Good Standing cannot be issued for them.

If you own a New Mexico business and have not registered as a Corporation, LLC, LP or other legal entity with the New Mexico Secretary of State, then you are a Sole Proprietor by default.  Nothing needs to be filed with the New Mexico Secretary of State to create a Sole Proprietorship.  If you plan to use a name different from your first and last name then you would register in the New Mexico county in which you do business with your first and last name "Doing Business As" (DBA) the name of your business (for example: Sue Smith, DBA Sue's New Mexico Business).

In New Mexico a Good Standing Certificate is called a Certificate of Compliance.   A New Mexico Certificate of Compliance may be referred to by another name.

No. A New Mexico Good Standing Certificate does not include a unique verification number.

Yes.  A New Mexico Good Standing Certificate includes the Date of Incorporation for a New Mexico Corporation or the Date of Organization for a New Mexico LLC.

If you place your order for a New Mexico Good Standing Certificate before 1 PM New Mexico time we can get your New Mexico Good Standing Certificate as fast as 2-3 hours. We will send you a scanned copy of your New Mexico Good Standing Certificate by email and put a paper copy of your Certificate in the mail as soon as we get it from the NM Secretary of State.

The New Mexico Secretary of State reserves the right to extend expedite periods in time of extreme volume, staff shortage or equipment malfunction.  We are dependent on, and have no control over, the staff and systems of the New Mexico Secretary of State.  In our experience the time specified is the time it usually takes the New Mexico Secretary of State to process Good Standing Certificate orders.  We get your New Mexico Good Standing Certificate request to the NM Secretary of State ASAP.  Once it is at the state we have very little or no control over the New Mexico Good Standing Certificate process.

A valid expiration date is not written on a New Mexico Good Standing Certificate.  The validity of a New Mexico Certificate of Good Standing is usually determined by the intended recipient of the Good Standing Certificate.

Some institutions may request that a New Mexico Good Standing Certificate be less than a certain number of days old.  Generally the information included on a New Mexico Certificate of Good Standing is implied to be valid for 60-90 days but it really depends on the nature of the business for which the New Mexico Good Standing Certificate is being used.

If you need to verify that all outstanding tax liabilities for a New Mexico Corporation or New Mexico LLC have been paid then you need a New Mexico Tax Status Compliance Certificate.

In New Mexico a Tax Status Compliance Certificate is called a . A New Mexico is issued by the New Mexico Department of Taxation and Revenue and is sometimes called a Tax Clearance Certificate or an Entity Status Letter or a Certificate of Account Status.

If you need a Good Standing Certificate from the highest Court in the state of New Mexico for a New Mexico Attorney we can help.

If you are ready to order a New Mexico Good Standing Certificate now, simply fill in the Good Standing Certificate Order Form below and press the Place Order button. If you have any questions you can call us at 855-771-2477 or email us at CorpServices@AllBizDocs.com.