By utilizing Nelyax's services, you can efficiently regain your Good Standing status with your state and resume operations without having to invest as much time and money as it would take to establish a new company.
Restoring Your Business to Good Standing
In case your business has been dissolved due to non-compliance, you can renew your Good Standing and resume operations by submitting a reinstatement request to the state where your business was formed.
Why Choose Reinstatement?
Opting for Reinstatement instead of creating a brand new company not only comes at a considerably lower cost but also offers several benefits.
Resume your business operations more quickly
In several states, the process of reinstatement can be accomplished in less time compared to establishing a new company, resulting in a quicker resumption of your business activities.
Retain the name of your company
After investing considerable effort in selecting the ideal business name, it's important not to discard it. With reinstatement, you can retain your initial brand and continue to use it.
Retrieve past company data
By opting for reinstatement, you can preserve your existing records and uphold your historical background, eliminating the need to start from scratch.
ONE TIME PAYMENT
File Your Reinstatement
Nelyax can assist you with the process of reinstatement, allowing you to regain good standing.
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.
What is the duration for the reinstatement of a company?
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.
What is the meaning of "restored to good standing"?
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.
Starting a new business has never been more effortless