South Carolina Short Form Limited Liability Company LLC Agreement
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How to fill out Short Form Limited Liability Company LLC Agreement?
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The benefits of starting a South Carolina LLC: Create, manage, regulate, administer and stay in compliance easily. Easily file your taxes and discover potential advantages for tax treatment. Protect your personal assets from your business liability and debts. Low filing fee ($132)
#1: Register Your South Carolina LLC Company Name. #2: Select a Registered Agent. #3: File Articles of Organization With the State. #4: Secure a Federal Employer Identification Number.
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.
How much does it cost to form an LLC in South Carolina? The South Carolina Secretary of State charges a $110 fee to file the Articles of Organization. You can reserve your LLC name with the South Carolina Secretary of State for $25.
The state of South Carolina does not require an LLC Operating Agreement, but it may still be recommended for many LLCs. Without an Operating Agreement, disputes are governed by the default LLC operating rules outlined in South Carolina law (SC Code § 33-44).
By default, South Carolina LLCs are taxed as pass-through entities, meaning the business does not pay any sort of LLC income tax. Instead, the member or members of the LLC pays for the LLC's losses and revenue on their personal income taxes and pay the state's graduated income tax rate ranging from 0% to 7%.
CL-1 The Initial Annual Report of Corporations. This form is filed with the South Carolina Department of Revenue. $25.00.
File South Carolina Certificate of Formation Agency:South Carolina Secretary of State - Division of Business FilingsFiling Method:Mail or online.Agency Fee:$110Turnaround:~7-10 business days by mail. ~1-2 business days online.Law:South Carolina Uniform Limited Liability Company Act of 19962 more rows