A South Carolina Foreign Limited Liability Company Certificate of Cancellation of Authority is a document used to register the cancellation of a foreign limited liability company's authority to conduct business in the state of South Carolina. This document is filed with the South Carolina Secretary of State and is used to inform the state that the LLC is no longer conducting business in the state. There are three types of South Carolina Foreign Limited Liability Company Certificate of Cancellation of Authority available: Voluntary Cancellation, Administrative Cancellation and Merger/Consolidation Cancellation. Each type of Cancellation of Authority requires specific information to be provided. The Voluntary Cancellation requires the LLC to provide its name, date of formation, and the jurisdiction it was formed in, as well as a statement that the LLC is voluntarily winding up its business in South Carolina. The Administrative Cancellation requires the LLC to provide its name, date of formation, and the jurisdiction it was formed in, as well as a statement that the LLC is no longer in compliance with the laws of South Carolina. The Merger/Consolidation Cancellation requires the LLC to provide its name, date of formation, and the jurisdiction it was formed in, as well as a statement that the LLC is merging or consolidating with another LLC.
South Carolina Foreign Limited Liability Company Certificate of Cancellation of Authority
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How to fill out South Carolina Foreign Limited Liability Company Certificate Of Cancellation Of Authority?
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FAQ
If a foreign corporation or LLC is no longer doing business in South Carolina, the entity should file an application to cancel its registration with the South Carolina Secretary of State, Division of Business Filings (SOS).
If there are no longer operations or assets in your entity and there is no intention to place new business or assets in the entity, then you should consider dissolving your entity.
Dissolving a corporation successfully takes several key steps. Such requirements may vary across the fifty states. Generally, it is recommended that business owners get legal assistance to file the necessary documents with the proper state agencies.
To dissolve a South Carolina LLC, file Articles of Termination, in duplicate, with the South Carolina Secretary of State, Division of Business Filings (SOS). The form is available on the SOS website (see link below). You may type or print on SOS forms in black ink.
You can dissolve a corporation by filing Articles of Dissolution with the Secretary of State's office. For an LLC, you must file Articles of Termination. You can file these documents online or by mail. There is also a small fee requirement with the filing of the dissolution documents.
To close your account online go to dew.sc.gov/suits. To close your account by paper form use the Employers Report of Change (UCE-101-s)
To dissolve a South Carolina corporation, file Articles of Dissolution with the South Carolina Secretary of State, Division of Business Filings (SOS). Submit the form in duplicate, with a self-addressed stamped envelope, so the SOS can return a copy to you. You may type or print on SOS forms in black ink.
Form CL-1 Initial Annual Report of Corporations must be submitted by both domestic and foreign corporations to the Secretary of State. LLC's filing as a corporation must submit Form CL-1 to SCDOR within 60 days of conducting business in this state.