You might be wondering how much it costs to form an LLC if you’re trying to launch a business in South Carolina. The good news is that South Carolina has one of the lowest formation costs for LLCs when compared to other states. In this post, we’ll look into how much it costs to create an LLC in South Carolina and address some relevant issues. How Much Does It Cost in South Carolina to Form an LLC? In South Carolina, establishing an LLC costs $110 to do so. You must pay this charge to the Secretary of State in order to submit your articles of organization. Articles of Organization can be submitted in person, via mail, or online. You can use a credit card to pay the filing cost if you opt to file online. You must pay using a check or money order made payable to the South Carolina Secretary of State if you file by mail or in person. How long does it take to approve an LLC in South Carolina? It normally takes 5-7 business days to receive approval after submitting your articles of organization to the South Carolina secretary of state. However, depending on how many applications they are currently processing, the approval time may change. You can choose the expedited procedure for a charge if you need your LLC approved right away. Do you have to renew your LLC each year in South Carolina? Yes, in order to keep your LLC in good standing with the state, you must complete an Annual Report every year. The annual report filing fee is $25 if submitted by mail or in person, or $0 if done so online. Every year, the report is due on April 1st.
How long does it take to approve an LLC in South Carolina? As previously stated, South Carolina’s approval process for LLCs normally takes 5-7 business days. However, you can pay more to use the expedited procedure if you need your LLC approved right away. Within 24 hours, our service assures approval.
A South Carolina Certificate of Authority is what, exactly? If your LLC was established in another state, you will need a South Carolina Certificate of Authority to conduct business there. A Certificate of Authority is required if you want to extend the operations of your LLC to South Carolina. A Certificate of Authority costs $110 to get.
In conclusion, creating an LLC in South Carolina is simple and reasonably priced. An LLC can be created for $110, and approval usually takes 5-7 business days. To retain your LLC in good standing, you must submit an Annual Report every year. The charge for filing the report is $0 if done online or $25 if done by mail or in person. You must pay $110 for a Certificate of Authority if you are expanding your LLC’s operations to South Carolina.
A CL-1 form is required to be submitted with the Secretary of State’s office in South Carolina in order to register a new Limited Liability Company (LLC). Basic information concerning the LLC is provided in this form, including its name, address, registration agent, managers or members, and purpose.