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A business name reservation means that your name is saved for your exclusive use for a defined period. Some states' name reservations are good for 120 days, but some reservations may be as short as 30 days. Many, but not all states allow renewals.
Limited liability partnerships (LLP): An Application for Registration is required by South Carolina both initially and on a yearly basis in order for LLPs to do business in the state. If you plan on hiring employees, you'll need to get an Employer Identification Number (EIN) from the IRS.
SECTION 33-44-111. Service of process. (a) An agent for service of process appointed by a limited liability company or a foreign limited liability company is an agent of the company for service of any process, notice, or demand required or permitted by law to be served upon the company.
Reserving a Name For faster service, name reservations can be submitted online through our enhanced online services at bizfileOnline.sos.ca.gov. The reservation can be renewed to the same applicant or for the benefit of the same party, but not for consecutive 60-day periods.
General Rules for LLC Names Your preferred business name cannot be used by any other LLC or formed entity in the State of South Carolina. This is why it's imperative to perform a South Carolina business entity search prior to beginning the filing process. Your LLC name should be original, but that's not enough.
If you don't want to form your corporation right away, you can reserve the business name. You'll do this by completing an Application to Reserve a Corporate Name form and filing it with the South Carolina Secretary of State. The name will be reserved for 120 days.
South Carolina LLC Costs - Summary LLC Filing fee$110Registered agent (optional)$199 ? $400Reserve business name (optional)$25Filing a DBA (optional)$10 for limited partnerships No cost (and no filing requirement) for all other types of businessesOperating agreement (optional)$0 to $1,0001 more row
The South Carolina Secretary of State also has a business entity search that lets you search the State of South Carolina business name registry to see whether your desired name is available or if another business is using your preferred name.