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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.
Most states require an LLC designation be included in the name of a company that's registered as an LLC. The designations vary from state to state, but generally include phrases or abbreviations such as "Limited Liability Company," "Limited Liability Co." "LLC," and "Limited."
Your LLC's name can't contain the words like ?bank,? ?trust,? ?trustee,? ?insurer,? ?insurance company? or any other words suggesting you're in the insurance business (unless you are). You can't include things like ?incorporated,? ?inc.? or ?corporation,? because your LLC is not a corporation.
South Carolina Code of Laws Sections 33-44-108 through 33-44-111 contain the state law governing registered agents for limited liability companies. This includes the need to have an agent and office for service of process, the procedures for changing the agent or office, and what an agent must do to resign.
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.
Register Your South Carolina LLC Company Name. If you've decided that structuring your business as an LLC is your best option, it's time to name your new company. ... Select a Registered Agent. ... File Articles of Organization With the State. ... Secure a Federal Employer Identification Number. ... Formalize an Operating Agreement.
SECTION 33-44-202. Organization. (a) One or more persons may organize a limited liability company, consisting of one or more members, by delivering articles of organization to the office of the Secretary of State for filing.
S.C. Code Ann. § 33-44-504(e) provides that Section is the exclusive remedy by which a judgment creditor may satisfy a judgment out of the distributional interests in an LLC.