Incorporation Process in South Carolina
According to the South Carolina Secretary of State’s website, your corporation’s registration will be processed and completed within 24 hours if filed online. A certificate of incorporation is a legal document that is filed with the South Carolina Secretary of State to create a corporation. How much does it cost to file a certificate of incorporation in South Carolina?
In South Carolina, state fees can vary depending on the type of entity you choose to form. According to the South Carolina Secretary of State website, expect to pay roughly $50 – $350 to start a business in South Carolina. State processing times vary based on volume, entity type, and the time of year. On average, it will take 1 to 15 business days for the state to process your request.
Benefits of Incorporating in South Carolina
With a low cost of living, access to major transportation routes, and a large population of potential customers, the Palmetto State provides a supportive environment for entrepreneurs. South Carolina’s natural beauty, southern hospitality, and nearly perfect year-round weather make it a desirable place to live and work.
Fees and Requirements for South Carolina LLC
- Fee for South Carolina LLC Online Filing: $110
- South Carolina Foreign LLC Formation Fee: $110
Summary of Costs and Processing Times
For an additional $50, your new South Carolina Corporation filing can be approved by the SC Secretary of State within 24 hours of submission. The state of South Carolina charges $230 to incorporate. If you choose All Business Documents to help, processing fees are $125.
Additional Resources and Requirements
- To file the Articles of Incorporation for a corporation in South Carolina, you must submit formation documents along with the required fees.
- Companies in another state hiring employees in South Carolina need to apply for a Certificate of Authority. This is included in the South Carolina LLC fees.
Setting up a South Carolina LLC
- Filing the Articles of Organization with the Secretary of State costs $110.
- The LLC annual fee in South Carolina depends on your business activity.
South Carolina LLC Annual Report
- The fee is $25 and must be filed within 60 days of LLC formation.
Conclusion
Starting a business in South Carolina provides a supportive environment with various opportunities for growth and success.