What is a certificate of good standing?

What is a certificate of good standing?

A certificate of Good Standing states that a company is incorporated and is authorised under the law to carry out trade activities. This certificate confirms that no fee, taxes or penalties are unpaid in the name of the company. Further, this certificate also confirms the share capital, the registered office, names of the officers, shareholders and the main objects of the company. This certificate of good standing can be purchased at http://companyregistration.name.