South Carolina LLC – SC Limited Liability Company – LLC in South Carolina
The following table sets forth a comprehensive summary of this state’s LLC laws, filing requirements, taxation and more.
Keep in mind though, that the information in this table is subject to the whim of each state’s lawmakers, so the information is constantly changing.
It’s a good idea to do a reality check with the Secretary of State’s office to confirm that the information is still current.
|Secretary of State Contact Information
|South Carolina Secretary of State
Edgar Brown Building
P0. Box 11350
Columbia, SC 29211
|LLC Filing and Assistance Website Address
|LLC Filing Fees
|The fee for filing Articles of Organization is $110. A foreign LLC must file an Application for a Certificate of Authority by a Foreign Limited Liability Company to Transact Business in South Carolina. The filing fee for foreign LLCs is also $110.
|LLC Name Reservation Information and Fees
|South Carolina organizers may reserve an LLC name by filing an Application to Reserve LLC name with the South Carolina Secretary of State accompanied by a $25 filing fee. The name reservation remains effective for 120 days.
|Link to Get LLC Formation Forms
|Periodic LLC Reporting Requirements
|LLCs conducting business in South Carolina must file an Annual Report and a filing fee of $10 each year. The Annual Report must be filed between January 1 and April 1 the year after the LLC first organizes or registers in South Carolina. Thereafter, an LLC must file its Annual Report by the fifteenth day of the fourth month after the close of the LLCs taxable year
|Link to Get LLC Tax Forms
|LLC Tax Summary
|Typically, domestic and foreign LLCs conducting business in South Carolina must file a Partnership return (Form SC-1605). LLCs classified as corporations for federal tax purposes must file a Corporate Income Tax return (Form SC-1120).
|Section 33-44 of the South Carolina Code of Laws
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Michael Spadaccini is the author of 8 books on self-help legal matters such as, Ultimate LLC Compliance Guide: Covers All 50 States (Ultimate Series), Ultimate Book of Forming Corps, LLCs, Partnerships & Sole Proprietorships, and Ultimate Guide to Forming an LLC in Any State, Second Edition (Ultimate Series).
You can view his Amazon Author Profile Here.