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Starting an LLC in South Carolina will include the following steps: #1: Register Your South Carolina LLC Company Name. #2: Select a Registered Agent. #3: File Articles of Organization With the State. #4: Secure a Federal Employer Identification Number. #5: Formalize an Operating Agreement.
S Corporations are subject to an annual License Fee of . 1% of capital and paid-in-surplus, plus $15. The License Fee cannot be less than $25. Both the Income Tax and License Fee are reported on form SC1120S.
How to Form an S Corporation in South Carolina Step 1: Choose a name. ... Step 2: Appoint a registered agent. ... Step 3: Elect directors or managers. ... Step 4: File Articles of Incorporation/Organization with the South Carolina Secretary of State. ... Step 5: File Form 2553 to turn business into an S Corporation.
How much does it cost to start a South Carolina corporation? At least $135. This includes the $110 fee to submit your Articles and the $25 fee to submit your Initial Report.
Starting an LLC costs $110 in South Carolina. This is the state filing fee for a document called the South Carolina Articles of Organization. The Articles of Organization are filed with the South Carolina Secretary of State.
Filing articles of organization To make your LLC official in South Carolina, you need to file a form called articles of organization and pay a filing fee of $110. You can download the form from the Secretary of State's website, or you can enter the information online.
Name your South Carolina LLC. Give your LLC a name. ... Appoint a registered agent in South Carolina. Name a registered agent for your business. ... File South Carolina Articles of Organization. File your Articles of Organization with the state. ... Create a South Carolina operating agreement. ... Apply for an EIN.
How long does it take to get an LLC in South Carolina? If you file your LLC by mail, it will be approved in 3-4 business days (plus mail time). But if you file online, your LLC will be approved in 1-2 business days. We like the online filing since it's much easier to complete, and the approval time is much faster.