Description
The certificate of Good Standing is used to confirm two important things:
The limited company has been in existence from the time of incorporation
No action is currently being undertaken to remove the company from the register
It is usually required in the following circumstances:
To open a UK business bank account for a company that only have overseas directors
When a UK limited company opens an overseas bank account
Checking the credibility of another company
An investor or potential business partner may require the certificate to check that the company is being run correctly
Opening an overseas branch or office
