A certificate of “Good Standing” shows that a company has its house in order, i.e. the company has done all required paperwork and isn’t owing Companies House any fees whatsoever, and also to show that there has been no attempt to erase or remove the company from the Company Register. Most times, one is expected to tender the Certificate of Good Standing when opening a business bank account. So, the certificate of Good Standing is an important document to have.
Most times, one is expected to tender the Certificate of Good Standing when opening a business bank account. So, the certificate of Good Standing is an important document to have.