To get started, you’ll need to pick a suitable business name, choose a registered agent, and file your Articles of Organization with the South Carolina Secretary of State ($110 processing fee). You can do this independently, consult with a business attorney for specialized legal guidance, or hire a specialized South Carolina LLC formation service.
Steps to Form Your LLC
- Name Your South Carolina LLC
- Choose a South Carolina Registered Agent
- Obtain local business permits or licenses
LLC Formation in South Carolina
An LLC entity is an ideal business structure that allows entrepreneurs and business owners legal protection by separating their assets from business debts. This guide will focus on how to start an LLC in South Carolina, the pros and cons, the steps involved, and other necessary information.
Costs and Additional Information
Costs of Forming an LLC in South Carolina
- It costs $110 ($125 online) to file formation paperwork.
- The biggest expense is the $110 filing fee with the South Carolina Secretary of State.
- Filing online gets LLC approved in 1-2 business days.
Optional Fees Associated with LLC Formation
- $3 fee plus $0.50 per page for a certified copy of the articles of organization.
- $10 fee for a Certificate of Existence.
- $25 fee to reserve an LLC name.
South Carolina Registered Agent Cost
Ongoing Maintenance of an LLC in South Carolina
To maintain an LLC in South Carolina, no annual fee is required. However, state income tax and federal taxes are levied.
Starting an LLC in SC
To start an LLC in South Carolina, you need to pick a business name, choose a registered agent, and file the Articles of Organization with the South Carolina Secretary of State. Additionally, getting an EIN is beneficial for various business needs.