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Incorporate in South Carolina (SC)
Learn the basic facts about South Carolina corporations and South Carolina limited liability companies (LLCs). Compare the differences between South Carolina corporations and South Carolina LLCs and learn about South Carolina rules and regulations that relate to forming a corporation or LLC.
Forming a South Carolina Corporation or Limited Liability Company (LLC)
There are a number of business entity types to consider when you are deciding the structure of your South Carolina business. The most advantageous entities to form in South Carolina are typically corporations or LLCs. Although other entity options are possible, these are the entities that offer the highest level of liability protection in South Carolina. As you review the characteristics of incorporating or forming an LLC in South Carolina, be sure to keep in mind both the present and future needs of your business. Often, when you start a business it begins as a small organization.
Get Started
If you decide that a South Carolina corporation or LLC is the best option for your business, BizFilings will form your company in South Carolina, faster than anyone else, without costly legal fees. Our cost-saving offerings include:
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$115 + State Fees |
$250 + State Fees |
$350 + State Fees |
- Preparation and Filing of Formation Documents
- Preliminary Name Check with State
- Free Registered Agent Service for 6 months
- BizComply Online Compliance Tool
- 24/7 Access to Online Corporate Status Center
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- Everything included with the Basic Package
- Expedited Processing Service
- Corporate Kit & Seal
- Corporate Forms CD
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- Everything included with the Standard Package
- Tax ID (EIN) Number Obtainment
- Compliance DVD
- Certified Copy of State Filed Documents
- Overnight Shipping
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State Fees Apply
Each state charges filing fees that apply separately from BizFilings' package pricing. These fees will be reflected when you generate a Fast Quote using any of the links above. You can also view our list of fees by state.
Incorporating in South Carolina
South Carolina Corporate Name Endings
South Carolina Corporation Requirements
South Carolina Corporate Taxes and Fees
South Carolina Business License Requirements
South Carolina Corporate Name Endings
The name must contain the word "Corporation," "Incorporated," "Company," "Limited," the abbreviation "Corp.," "Inc.," "Co.," or "Ltd.," or abbreviations of words with similar meanings in another language. The name cannot contain language indicating a purpose other than that permitted by state law and the articles of organization. It must be distinguishable upon records of the Secretary of State from the name of a domestic or qualified foreign corporation, reserved or registered corporate name, non-profit corporation, or limited partnership.
South Carolina Corporation Requirements
Director Information
Minimum Number: One or more.
Residence Requirements: No provision.
Age Requirements: None.
Directors are required to be listed in the articles of incorporation.
Officer Information
Officers are not required to be listed in the articles of incorporation.
Stock Information
An increase in shares or par value does not affect initial filing fees.
Corporate Records
The articles of incorporation, bylaws, current amendments, board resolutions creating classes or series of shares, minutes of shareholders' meetings from the last 10 years, written communications to shareholders from the last three years, names and addresses of current directors and officers, most recent annual report, and federal and state income tax returns for the last 10 years must be kept at the principal office of the corporation.
Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://www.sctax.org/default.htm.
S Corporation
S Corporation status is recognized by the State of South Carolina. A separate state election from the federal election is not required.
License Requirements
South Carolina requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Form a Limited Liability Company (LLC) in South Carolina
South Carolina LLC Name Endings
South Carolina LLC Requirements
South Carolina LLC Taxes and Fees
South Carolina Business License Requirements
LLC Name Endings
The LLC name must end with "Limited Liability Company," "Limited Company," "Ltd. Co.," "LC," "LLC," or "L.L.C."
South Carolina LLC Requirements
Member/Manager Information
Minimum Number: one or more
Residence Requirements: no provision
Age Requirements: no provision
Members/Managers are required to be listed in the articles of organization
South Carolina Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://www.sctax.org/default.htm.
License Requirements
South Carolina requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Registered Agents in South Carolina
South Carolina corporations and LLCs are required to have a registered agent located in South Carolina. The South Carolina registered agent is responsible for receiving important legal and tax documents including service of process (litigation) documents, franchise tax forms, and annual report forms.
A South Carolina registered agent is an individual or company located at a street address in South Carolina. Post office boxes are not acceptable addresses for a registered agent in South Carolina.
If a company, such as BizFilings, is acting as your registered agent they must be registered as a corporation in South Carolina. There are a number of advantages to using a registered agent service provider in South Carolina, but the advantages differ between large and small companies.
Large companies in South Carolina benefit by having service of process and state documents send to their registered agent's office in South Carolina. The registered agent follows delivery instructions to ensure that important documents reach the correct individual. Smaller companies in South Carolina benefit by providing a consistent South Carolina address.
Another advantage to using another company as your South Carolina registered agent is that the information of your South Carolina registered agent is public record.
Learn how to select BizFilings as your registered agent in South Carolina.
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