South Carolina Application for Renewal of Reservation of Corporate Name
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How to fill out Application For Renewal Of Reservation Of Corporate Name?
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FAQ
CL-1 The Initial Annual Report of Corporations. This form is filed with the South Carolina Department of Revenue. $25.00.
In order to change your LLC name, you must file the Amended Articles of Organization with the South Carolina Secretary of State. This officially updates your legal entity (your Limited Liability Company) on the state records.
So for most people who own an LLC in South Carolina, there are no state-required annual South Carolina LLC fees. If you hired a Registered Agent service, you'll have an annual subscription fee to pay each year. This is usually about $125 per year. Some LLCs may need a business license in South Carolina.
File two copies of the Amended Articles of Organization with the South Carolina Secretary of State, Division of Business Filings (SOS). The form is on the SOS website (see link below) or in your online account when you sign up for registered agent service with Northwest.
South Carolina Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state. Annual reports are required in most states. Due dates and fees vary by state and type of entity.
Businesses that are incorporated in another state will typically apply for a South Carolina certificate of authority. Doing so registers the business as a foreign entity and eliminates the need to incorporate a new entity. Operating without a certificate of authority may result in penalties or fines.
You can file an Application for Reservation of Name with the South Carolina Secretary of State. Your name will be reserved for 120 days once the application is processed. If you're forming your South Carolina LLC right away, you won't need to reserve a name.
LLC taxes and fees The following are taxation requirements and ongoing fees for South Carolina LLCs: Annual report. South Carolina does not require LLCs to file an annual report.
