In case your business has been dissolved and lost its good standing with the state, reinstatement filing is necessary if you want to continue operating. Following the correct process and meeting all essential requirements will result in the reinstatement of your business and restore all the benefits of being a legal and official entity.

The time required for reinstating your company varies depending on the state you reside in. Most business filings are processed within 3-5 days, while Nebraska requests business owners to wait for approximately a week for their reinstatements to be processed. In some states such as Nevada, business owners can opt for expedited filing by paying an additional fee. To determine the usual processing time for reinstatement filing, it’s advisable to consult with your state’s Secretary of State.

To be in good standing implies that your business is current on fulfilling its obligations, including filing annual reports, biennial reports, compliance paperwork, and other required forms, in accordance with the regulations of your home state. To obtain an official Certificate of Good Standing, you must submit the appropriate form to your state, or you can enlist the services of Nelyax to file on your behalf. This certificate is essential in demonstrating that your business is legitimate and adheres to the rules, making you appear reliable and trustworthy to prospective partners, investors, and lenders.