Netstate

Company-data glossary

Reference12 terms

The registry terms that appear on a company profile, defined in plain language. Each links to a full definition.

Registry number
A registry number is the unique identifier a government business registry assigns to a company when it is formed or first registered in a jurisdiction. It stays with the entity for its lifetime and is the most reliable key for looking a company up in official records.
Entity status
Entity status is the current standing of a company in its registry — for example active, in good standing, dissolved, revoked or suspended. It reflects whether the entity has met its filing and fee obligations and is legally permitted to operate.
Entity type
Entity type is the legal form under which a business is registered — such as a corporation (Inc.), limited liability company (LLC), limited partnership (LP) or nonprofit. It determines the entity's liability, tax treatment and filing obligations.
Incorporation date
The incorporation date is the day a registry recognized a company as a legal entity — the date its formation filing was accepted. It marks the start of the entity's legal existence and is used to measure how long the business has been established.
Registered agent
A registered agent is the person or company a business designates to receive legal documents and official government notices on its behalf. Nearly every jurisdiction requires one, with a physical address in that jurisdiction, as a condition of registration.
Jurisdiction
A jurisdiction is the state, province or country whose registry a company is registered under and whose laws govern it. An entity's home jurisdiction is where it was formed; it may register additionally in other jurisdictions where it does business.
NAICS code
A NAICS code is a number from the North American Industry Classification System that identifies the industry a business operates in. Ranging from broad two-digit sectors to specific six-digit industries, it is the standard used by US, Canadian and Mexican agencies.
Good standing
Good standing means a company has met all of its registry's requirements — filed its required reports and paid its fees — and is therefore fully authorized to operate. A certificate of good standing is the registry's formal confirmation of that status.
Dissolution
Dissolution is the formal ending of a company's legal existence. It can be voluntary — the owners file to close the entity — or administrative, when a registry dissolves an entity for failing to file reports or pay fees.
Annual report
An annual report is a periodic filing a company must submit to its registry to keep its registration current — typically confirming its address, registered agent and officers, and paying a fee. Missing it can push an entity out of good standing.
Foreign qualification
Foreign qualification is the process by which a company registered in one jurisdiction gains authority to do business in another. "Foreign" here means out-of-state or out-of-country, not non-domestic — a Delaware company operating in Texas qualifies as a foreign entity in Texas.
Trade name
A trade name, also called a DBA ("doing business as") or fictitious name, is a name a company uses publicly that differs from its registered legal name. Registering a trade name lets an entity operate under a brand without forming a separate company.