If you own a business in South Carolina, you might be interested in learning how to make your LLC private to safeguard your private and business data. Fortunately, there are a number of actions you may take to protect the privacy of your LLC and its owners. Consider using a registered agent service first. An LLC must have a registered agent in South Carolina, which is a person or corporation that accepts legal and tax paperwork on behalf of the company. You may prevent your personal information from appearing in public records and guarantee that crucial documents are received on time by using a registered agent service.
To make your LLC private, you can also register a “doing business as” (DBA) name. This enables you to run your company under a different name, which might aid in protecting the privacy of your personal data. It’s crucial to remember that DBA names do not shield your company from liabilities.
In addition, you have the option of filing your LLC as a limited liability partnership (LLP) rather as a regular LLC. LLPs provide a comparable level of liability protection but do not demand that the owners’ names appear on public registers.
You might be asking how much it will cost to set up an LLC in South Carolina at this point. The yearly report charge is $10, while the filing fee is $110 for new LLCs. However, there can be extra fees if you decide to use a registered agent service or register a DBA name.
The South Carolina Secretary of State will accept amendments to your LLC’s articles of formation if you need to. A $25 filing fee is required for each amendment.
In conclusion, there are a number of measures you can take in South Carolina to make your LLC private. You can effectively protect your personal and business information by hiring a registered agent service, applying for a DBA name, or deciding to form an LLP. While there are costs involved in creating and keeping an LLC in South Carolina, in the long run, the expenditure is well worth it to safeguard your liabilities and privacy.