November 21, 2011
How to Obtain a Saskatchewan Certificate of Status
SK Certificates of Status are issued by the Saskatchewan Corporate Registry and can be obtained through a Canadian search and registration service. They can be called Certificates of Good Standing as well. These certificates are available for all companies registered in any country.
A Saskatchewan Certificate of Status is required when you need to provide someone or some other company with the assurance that your Saskatchewan company is in good standing. Being in good standing means that the company is still active and has not been dissolved for non-filing of federal and/or provincial tax returns or non-filing of the Saskatchewan annual returns.
All Saskatchewan companies must file an annual return each year with the government. If this return is not filed the company will end up being dissolved and will need to be revived which can be expensive. If the address on file for the SK company is not current then the annual return will not make its way to the directors. Your company could be dissolved without you even knowing it. It is therefore very important to ensure that the Saskatchewan Corporate Registry has the current address of all companies registered in Saskatchewan.
The Certificate of Status shows what the name of the company is as of the date of the certificate, the date upon which the company was incorporated, the number assigned to the company by the Saskatchewan Corporate Registry and confirmation that the company is in good standing. Some government agencies that request a Certificate of Status require more information to be confirmed about the company than is shown on the standard Certificate of Status for that jurisdiction. In this case a solicitor will need to be contacted who can given an opinion as to the validity of the company.
If a company does not file its federal and/or provincial tax returns it will eventually be dissolved. It usually takes three or more years. If it does happen the company will need to be revived which can be expensive. A SK company that has been dissolved will not be able to obtain a Certificate of Status.
Resources for Canadian Business Owners Inc. can provide you with Certificates of Status for any company registered in any jurisdiction in Canada and specifically a SK Certificate of Status.
Filed under Blog by Holly Crosgrey



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