You may be asked to provide a certificate of legal existence for your Connecticut limited liability company (LLC) at some point. Many creditors ask for a certificate of legal existence before issuing business credit.
A Connecticut certificate of legal existence is relatively easy to obtain, but it does take some know-how. Lucky for you, this handy guide tells you how to do it.
What Is a Connecticut Certificate of Legal Existence?
A certificate of legal existence, known as a certificate of good standing in most states, is issued by the state of Connecticut and verifies your LLC complies with all state regulations. The state will issue the certificate if you’ve met all deadlines, such as annual report filings.
Remember that you’re not required to get a certificate of legal existence in Connecticut, but banks and creditors might request one, so it’s wise to have it on hand.
In What Situations Would I Need a Certificate of Legal Existence?
Again, a bank or creditor might request a certificate of legal existence when you apply for a business loan or business credit. It’s nothing to worry about; just part of their due diligence and risk assessment to verify that you’re registered to do business in the state and fully compliant.
In addition, if you expand your business to other states, you’ll have to register as a foreign LLC. In such cases, the new state may request a certificate of legal existence from your home state.
Requirements to Obtain a Certificate of Legal Existence in Connecticut
You must have a registered business entity in the state, either an LLC or a corporation. Sole proprietorships and partnerships do not register with the state, so they cannot obtain a certificate of legal existence.
You’ll also need to comply with all legal requirements for your LLC or corporation in Connecticut. That means you’ll need to be up to date on all Connecticut business licenses, permits, and reporting requirements.
Which Department Issues Certificates of Legal Existence in Connecticut?
In Connecticut, the Business Department issues certificates of legal existence. You can obtain one online.
How to Get a Certificate of Legal Existence in Connecticut
Visit the Business Department’s website and click “obtain a certificate of legal existence.”
You’ll need to sign into your account to obtain the certificate.
The fee is $50 for a short-form certificate and $100 for a long-form, and assuming your LLC is in full compliance, you should be able to access your certificate online immediately.
Alternatively, you can download the request form and mail it, along with the fee, to:
COMMERCIAL RECORDING DIVISION
CONNECTICUT SECRETARY OF THE STATE
P.O. BOX 150470
HARTFORD, CT 06115-0470
Getting a certificate of legal existence may seem like a hassle, but you won’t think that when you need financing. Be sure to get it done when you have a chance – you, and your LLC, will be happy you did.