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South Carolina Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state. Annual reports are required in most states. Due dates and fees vary by state and type of entity.
How long does it take the South Carolina Secretary of State to issue a Certificate of Existence? Normal processing: 2-3 business days, plus additional time for mailing. Counter Service: while you wait (in person only).
To register a foreign corporation in South Carolina, you must file a South Carolina Application for Certificate of Authority with the South Carolina Secretary of State, Business Filings Division. You can submit this document by mail, in person, or online.
So for most people who own an LLC in South Carolina, there are no state-required annual South Carolina LLC fees. If you hired a Registered Agent service, you'll have an annual subscription fee to pay each year. This is usually about $125 per year. Some LLCs may need a business license in South Carolina.
CL-1 The Initial Annual Report of Corporations. This form is filed with the South Carolina Department of Revenue. $25.00.
LLC taxes and fees The following are taxation requirements and ongoing fees for South Carolina LLCs: Annual report. South Carolina does not require LLCs to file an annual report.
Businesses that are incorporated in another state will typically apply for a South Carolina certificate of authority. Doing so registers the business as a foreign entity and eliminates the need to incorporate a new entity. Operating without a certificate of authority may result in penalties or fines.