How To Form Llc South Carolina
In addition to forming your south carolina llc you will need to check for licenses and permits.
How to form llc south carolina. Before you can open your doors you must obtain necessary tax ids and business licenses. Naming requirements south carolina llc name search. Common agencies for a business to register with include the department of revenue and department of employment and workforce. Here are the steps you need to take to form a limited liability company llc in south carolina. To form a limited liability company in south carolina file the articles of organization with the south carolina secretary of state.
Prepare an llc operating agreement. These include words already in use by state or federal agencies. South carolina llc annual report. Approval for the llc is typically around 1 2 business days when filing online and less than 2 weeks when filing by mail. The llc filing fee is 125 when filing online and 110 when filing by mail.
File articles of organization. To form an llc in south carolina you will need to file the articles of organization with the south carolina secretary of state which costs 110. The articles of organization is the legal document that officially creates your south carolina limited liability company. And you must also file form sc 1120 or form sc 1120s on an annual basis with the department of revenue. You can find more details here.
You can choose any name for your llc as long as it ends with limited liability company limited company or any variation of its abbreviation e g l l c llc l c lc or ltd. You must file articles of organization document to form an llc in south carolina but the document that will actually govern the day to day operations of your llc is the llc agreement. Begin by choosing your business name and reserve the name if necessary. Choose a name for your llc. The chosen name must include either the full words limited liability company or one of two abbreviated forms l l c.
Then file articles of organization with the state secretary of state s office. You can easily create an llc in south carolina by completing a few forms. Steps to forming a south carolina llc. An llc agreement governs an llc and the actions of its members similar to the way that by laws govern a corporation. South carolina provides a fillable form on its official website.