Form Your South Carolina LLC

The South Carolina LLC formation fee is $110 when filed online with the Secretary of State. South Carolina does not require annual reports for LLCs and has no franchise tax, making it cost-effective for ongoing operations. Additional costs may include registered agent service ($99-$299/year) and optional services like EIN filing or operating agreements.

• Standard online filing: 5-10 business days
• Paper filing: 10-15 business days
• Expedited processing: Not available directly from the state

No, South Carolina does not require LLCs to file annual reports or pay annual fees to the state. This makes South Carolina one of the most low-maintenance states for LLC operations, similar to states like Missouri and Alabama. You only need to file with the state when making specific changes to your LLC's registered information.

Yes, South Carolina law requires all LLCs to maintain a registered agent with a South Carolina street address who is available during normal business hours. The registered agent receives legal documents and official correspondence on behalf of your LLC. You can serve as your own registered agent if you have a South Carolina address, or hire a professional service.

South Carolina attracts businesses with its combination of low costs, no annual reporting requirements, and strategic Southeast location. The state has strong and growing sectors in manufacturing, automotive, aerospace, and technology. South Carolina's business incentives, skilled workforce, and port access make it attractive for both domestic and international companies.

• No annual report requirements
• No franchise tax for LLCs
• Competitive corporate tax rates
• Numerous economic development incentives
• Strategic port locations for international trade
• Growing technology and manufacturing sectors

South Carolina doesn't legally require LLCs to have an operating agreement, but it's strongly recommended for both single-member and multi-member LLCs. An operating agreement defines ownership structure, management procedures, and operational guidelines. It's essential for multi-member LLCs and beneficial for establishing business legitimacy and protecting limited liability status.

• No annual report filing required
• No annual fees to the state
• Maintain registered agent with South Carolina address
• Keep basic company records and operating agreement
• File federal and state tax returns as required
• Maintain current business licenses as applicable

Yes, non-US residents can form and own a South Carolina LLC with no citizenship or residency requirements for members or managers. You must maintain a South Carolina registered agent and obtain necessary tax identification numbers. Non-residents should consult with tax professionals regarding potential tax obligations and reporting requirements.

• Local business licenses (varies by city/county)
• State licenses for regulated industries
• Professional licenses for licensed occupations
• Sales tax license for taxable goods and services
• Employer registration if hiring employees
• Industry-specific permits and certifications

• Apply online at IRS.gov (immediate)
• Apply by fax (4 business days)
• Apply by mail (4-5 weeks)
• Use a formation service ($99-$159)

• Low formation and ongoing costs
• Competitive tax rates and numerous incentives
• Strategic location with port access
• Growing automotive and aerospace industries
• Strong workforce development programs
• Pro-business regulatory environment

• Job tax credits for new job creation
• Investment tax credits for facility improvements
• Property tax incentives for qualifying businesses
• Workforce training grants and programs
• Port-related logistics incentives
• Research and development tax credits

Proper dissolution protects members from future liability for business obligations.