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The online filing process is usually completed within 24 hours. If the filing is mailed, the Secretary of State's Office will usually complete the process within two to three business days after it is received, though longer filing times may be experienced depending on workload volume.
To dissolve a South Carolina corporation, file Articles of Dissolution with the South Carolina Secretary of State, Division of Business Filings (SOS). Submit the form in duplicate, with a self-addressed stamped envelope, so the SOS can return a copy to you. You may type or print on SOS forms in black ink.
South Carolina businesses are not legally required to obtain a certificate of existence. However, your business may choose to get one if you decide to do business outside of South Carolina or get a business bank account.
Certificates of Existence may be used for a variety of purposes, including but not limited to opening a bank account or applying for a certificate of authority to do business in another state.
What does it cost to register a foreign corporation in South Carolina? South Carolina charges $150 to register foreign corporations. This total includes the $135 filing fee plus a $15 admin portal fee/online fee.
The online filing process is usually completed within 24 hours. If the filing is mailed, the Secretary of State's Office will usually complete the process within two to three business days after it is received, though longer filing times may be experienced depending on workload volume.
Form CL-1 Initial Annual Report of Corporations must be submitted by both domestic and foreign corporations to the Secretary of State. LLC's filing as a corporation must submit Form CL-1 to SCDOR within 60 days of conducting business in this state.
If a foreign corporation or LLC is no longer doing business in South Carolina, the entity should file an application to cancel its registration with the South Carolina Secretary of State, Division of Business Filings (SOS).