Start an LLC in South Carolina in 5 Easy Steps.
Step 3: File the Articles of Organization.
To establish a South Carolina LLC, you must submit the Articles of Organization with the South Carolina Secretary of State, which costs $110. You may apply both online and by mail. The Articles of Organization are the legally binding documents that establish your South Carolina Limited Liability Company.
The first and most significant step in forming an LLC in South Carolina is deciding on a name.
Make sure your name meets South Carolina naming standards and is readily searched by prospective customers.
1. Follow the naming conventions:
2. Does the name exist in South Carolina? Check the State of South Carolina’s website for a Business Name Search to ensure that the name you choose isn’t already in use.
3. Is the URL accessible? We suggest checking online to see whether your company name is accessible as a web domain. Even if you don’t intend to construct a company website right away, you may want to purchase the URL to prevent others from gaining it.
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STEP 2: Select a South Carolina Registered Agent
You must choose a registered agent in South Carolina for your LLC.
What exactly is a registered agent? A registered agent is a person or corporate organization that receives vital tax forms, legal papers, lawsuit notices, and other government communication on your behalf. Consider your registered agent to be your company’s point of contact with the state.
Who is eligible to be a registered agent? A Registered Agent must be a South Carolina citizen or a company, such as a registered agent service, that is permitted to do business in South Carolina. You may choose someone from your organization, even yourself.
You must submit the Articles of Organization with the Secretary of State to register your South Carolina LLC. You may apply both online and by mail.
An operating agreement is not essential for a South Carolina LLC, but it is a good idea to have one.
What exactly is an operating agreement? An operating agreement is a legal document that outlines an LLC’s ownership and running processes.
Why are operating agreements necessary? A detailed operating agreement guarantees that all firm owners are on the same page and decreases the likelihood of future disagreement.
What exactly is an EIN? EIN is an acronym that stands for Employer Identification Number. EINs are nine-digit numbers provided by the Internal Revenue Service (IRS) to companies to assist them be identified for tax reasons. It is basically a business’s Social Security number.
An EIN is also known as a Federal Employer Identification Number (FEIN) or a Federal Tax Identification Number (FTIN) (FTIN).
Where can I get an EIN? The IRS will provide you an EIN for free. Obtaining an EIN is a simple procedure that may be completed online or by mail.
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