A Saskatchewan Certificate of Status is issued by the Saskatchewan Corporate Registry for Saskatchewan companies. A Saskatchewan Certificate of Status confirms that a company registered in Saskatchewan is valid and existing.
When is a Saskatchewan Certificate of Status Required
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. Sometimes your creditors will obtain a Saskatchewan Certificate of Status for your company without even advising you of this so they can confirm your company is in good standing.
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What does Being in Good Standing Mean for a Saskatchewan Company
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.
The Saskatchewan Corporate Registry sends out the Saskatchewan annual return to the registered office address for the company each year and if the address is not correct then it is possible that the Saskatchewan company could be in default of filing if it does not receive and file the return.
Saskatchewan companies must file federal tax returns each year and if those returns are not filed for a number of years the federal government will dissolve the company. You would not be able to obtain a Saskatchewan Certificate of Status for your Saskatchewan company if your company has been dissolved.
If your address is current on file you will be provided with warning from the Revenue Canada Agency that tax returns are due.
The Saskatchewan government might send you a reminder that your annual returns are not filed but this is not an absolute.
What Does the Saskatchewan Certificate of Status Provide
The Certificate of Status for a Saskatchewan company will provide the accurate current name of the Saskatchewan company, the Saskatchewan corporate number and its status.
Timing and Delivery
A Saskatchewan Certificate of Status will be provided to you within one day of ordering. It will come to you in the form of a pdf document and will be sent to you by email.