The Certificate of Good Standing is a document that is often provided to overseas authorities and organisations. Banks and other financial institutions usually request these documents to check on the status of a UK company.
The certificate may be requested to confirm the company’s official registered details and to verify that according to the records held at Companies House the company is ‘in good standing’. This means that the company filing is currently up to date and that no action is being taken by the registrar to strike the company from the register for any reason.
This certificate may also need to be legalised with an Apostille Certificate before it will be accepted overseas. This ensures that the document is officially recognised as a UK document. The Certificate of Good Standing is occasionally referred to as a COGS.