South Carolina Related Entity

State:
Multi-State
Control #:
US-TC05082H
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This is a rider to the software/services master agreement order form. It provides that a related entity of the customer may use the software purchased from the vendor.

How to fill out Related Entity?

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FAQ

To register a foreign corporation in South Carolina, you must file a South Carolina Application for Certificate of Authority with the South Carolina Secretary of State, Business Filings Division. You can submit this document by mail, in person, or online.

An attorney licensed to practice law in South Carolina must sign articles of incorporation for a business corporation.

A service corporation, like most other corporations, is a "limited liability" entity because its shareholders normally are not personally responsible for the debts and obligations of the corporation. The corporation is responsible for its debts and obligations, but shareholders are not - they have ?limited liability?.

Fewer Taxes South Carolina levies no state property tax (only local governments may levy property taxes), no local income tax, no inventory tax, no sales tax on manufacturing machinery, industrial power or materials for finished products, no wholesale tax, and no unitary tax on worldwide profits.

Multi-member LLCs are company structures that allow for more than one owner or member. To form an MMLD, the company must have at least two members, and all members must be individuals (not other businesses).

To obtain your South Carolina Certificate of Authority, you will submit an Application for Certificate of Authority, along with required certificates or certified copies from your home state. You will need to appoint a registered agent in order for your filing to be approved.

CL-1 The Initial Annual Report of Corporations. This form is filed with the South Carolina Department of Revenue. $25.00.

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South Carolina Related Entity