South Carolina LLC
What is a South Carolina LLC?
A South Carolina LLC is a form of a business entity that combines the benefits of a corporation with the benefits of a partnership. Corporations provide limited liability to its owners/stockholders (meaning, generally, that the owners are not personally liable for the debts or obligations of the business) while partnerships provide pass-through single taxation to its owners (partners).
Filings Made Easy offers online LLC formation services in all 50 United States plus Washington, D.C. Our services are fast, reliable, and affordable!
Benefits of Forming an LLC in South Carolina (SC):
Taxes: An LLC has the flexibility to be taxed as a sole proprietor, partnership, S-corp or C-corp.
Pass-through Taxation: Typically, LLCs will choose to be taxed as a partnership to avoid double taxation, which occurs in corporations. This allows LLCs to distribute their profit among members who then report it on their personal tax returns. The LLC is not a tax payer, but often is required to file a tax return.
Limited Liability: The owners (members) of the LLC enjoy personal protection against some or all liability of the debts and obligations of the LLC.
South Carolina LLC Annual Reports:
LLC’s operating in South Carolina are not required to file an annual report.
South Carolina (SC) LLC Guidelines:
An LLC is formed in the State of South Carolina (SC) when the Articles of Organization are properly filed with the South Carolina (SC) Secretary of State’s office along with the required filing fee. The following information must be included in the South Carolina (SC) Articles of Organization:
-Name of the Company (your company’s name must end in either Limited Liability Company, L.L.C. or LLC)
-The initial address of the LLC
-The name of the Registered Agent and its South Carolina (SC) address
-The effective date of the LLC
-The name(s) and address(es) of all organizers
If you choose Filings Made Easy’s LLC Registered Agent services, we will include the above information in your Articles of Organization. The name of your South Carolina (SC) Registered Agent will be Filings Made Easy or a party affiliated with Filings Made Easy, unless you choose another agent.
Filings Made Easy’s legal name and address in South Carolina (SC) are:
Corporate Filing Solutions, LLC
317 Ruth Vista Rd.
Lexington, SC 29073
NOTE: If you choose to use Filings Made Easy Registered Agent services, we can list our South Carolina (SC) office location as your LLCs main South Carolina (SC) address for purposes of receiving important legal documents. This provides you with the flexibility to relocate your business within the State of South Carolina (SC) without having to file additional paper work and pay related fees.
The South Carolina (SC) Secretary of State’s office charges an LLC filing fee of $110.00 when you submit your Articles of Organization.
Federal Beneficial Ownership Information Report Filing:
As a newly-formed LLC, you’ll probably need to submit a Beneficial Ownership Information (BOI) Report to the Financial Crimes Enforcement Network (FinCEN). The BOI report provides the federal government with basic information about your LLC and the people with the most power over your business decisions and profits. There’s no fee to file, and your information does not go on the public record.
Starting January 1, 2024, this report is due following company formation. This report is a little complicated, but we can make filing painless with our $9 BOI report filing service.
Registered Agent Information:
The Secretary of State of South Carolina (SC) requires all LLCs operating within South Carolina (SC) to have a designated registered agent at all times. The registered agent may be any individual or business with a physical South Carolina (SC) mailing address.
Filings Made Easy provides affordable professional Registered Agent services in South Carolina (SC) as well as the other 49 United States and Washington, D.C. Our Registered Agent services cost $95.00 per year.