The cost to form an LLC in South Carolina is $110, covering the state filing fee for Articles Of Organization. A South Carolina LLC is not required to file an annual report unless they are taxed as an S-Corporation.
South Carolina LLCs are considered inexpensive, with the state offering limited liability to their members, which protects personal assets from the business’s debts and obligations.
Filing Procedures
To form an LLC in South Carolina, you must file the Articles of Organization with the South Carolina Secretary of State, either online or by mail.
- Online: Getting approval in 1-2 business days with a $110 fee.
- By Mail: Approval takes about 3-4 business days (plus mail time).
Other costs might include registering for an EIN, a DBA, name reservation, and more.
Registered Agent and Additional Information
An LLC must designate a Registered Agent responsible for handling legal and government documents. Some LLCs may require a business license, depending on the industry and location. Registration fees for foreign LLCs in South Carolina are also $110.
- Annual Registered Agent fee: Typically $50 – $150 per year.
- Licensing: Check South Carolina Business One Stop (https://scbos.sc.gov/) for applicable licenses.
- Operating Agreement: Advisable but not required; attorney help could cost from $1,000.
Expedited Filing and Miscellaneous Costs
Expedited filing of your Articles of Organization is available for a $50 additional fee per document. While the state does not require a general business license, certain industries may need specific licenses, permits, or certifications.
Starting an LLC in South Carolina
To begin, prepare your Articles of Organization, including details like your LLC’s name and registered agent. You can file online or via mail, with expedited service available for a premium.
- Name Reservation Fee: $25
- Fictitious Name Fee: $2
- Certified Copies: Validate the documents for an additional charge.
By default, LLCs in South Carolina are pass-through entities for taxes, meaning members file taxes individually. Starting an LLC can help protect personal assets and add legitimacy to your company.