To form an LLC in South Carolina, first pick a business name and reserve it by submitting an Application to Reserve a Limited Liability Company Name with the Secretary of State. This optional $25 fee lets you secure the name for 120 days. Next, appoint a registered agent, which is a person or business that handles official documents on behalf of your LLC. The registered agent’s name and address will be listed on public records. After that, prepare and file Articles of Organization with the Secretary of State. This form requires your LLC’s name, registered agent’s name and address, and any delayed effective date. Finally, obtain licenses and permits required for your industry. Filing the Articles of Organization costs $110.
Costs of Registering an LLC
It will cost $110 to file formation paperwork to start your South Carolina LLC. You’ll also have expenses like hiring a registered agent, purchasing business licenses, and getting business insurance.
If you currently have an LLC in another state and want to expand into South Carolina, you must register your LLC as a foreign LLC. This also costs $110.
You can reserve an LLC name in South Carolina for $25.
Additional Considerations
South Carolina does not require LLCs to file annual reports. However, if your LLC chooses to be taxed as a corporation, you’ll have to file reports with the Department of Revenue.