South Carolina Verification of an Account for Services and Supplies to a Public Entity

State:
Multi-State
Control #:
US-01241BG
Format:
Word; 
Rich Text
Instant download

Description

An account is an unsettled claim or demand by one person against another based on a transaction creating a debtor-creditor relationship between the parties. A verified account usually takes the form of an affidavit, in which a statement of an account is verified under oath as to the accuracy of the account. Ordinarily, where an action is based on an itemized account, the correctness of which is verified, the account is taken as true. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

You can be licensed in South Carolina by reciprocity. When do out of state firms need to apply for an out-of-state firm registration? Accounting firms that do not have an office in this State but perform attest services described in S.C. Code Ann.

The Board of Accountancy regulates Certified Public Accountants, Public Accountants, and Accounting Practitioners. The board examines applicants and issues certificates and licenses to certified public accountants and accounting practitioners.

Business licensing and permits are regulated by each individual county in South Carolina. To determine the specific licensing that your business needs you will need to contact the county that your business will be operating in. Research more in Local Resources. There is no statewide business license in SC.

As required by S.C. Code Section 8-29-10, applicants for a commercial license or permit are required to complete an affidavit entitled "Verification of Lawful Presence in the United States" certifying that the applicant is lawfully in the United States.

Generally, if you plan to do business in the state of South Carolina and are incorporated elsewhere, you will need to obtain South Carolina Foreign Qualification. ?Doing business? is typically defined by activities such as maintaining a physical office or having employees in the state.

South Carolina law requires that all business opportunities be registered before placing advertisements or making representations to prospective purchasers.

South Carolina Sales Tax License If you sell products to consumers in South Carolina, you may need to collect sales tax and file a Sales and Use Tax Return. If your business activities are subject to sales and use tax, your LLC must register with the Department of Revenue for a Retail License.

When you begin to engage in business activities outside your formation state, you're likely to hear the term ?doing business?. ?Doing business? refers to the process of carrying on the normal activities of a business in another state on a regular basis or with substantial contacts ? not just an occasional shipment.

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South Carolina Verification of an Account for Services and Supplies to a Public Entity