South Carolina Business Registration

Starting a Business in South Carolina

The Basics

Doing business today is getting ever more complicated.  Let Incorporate Fast handle some of the confusion in forming a LLC or Corporation. We’ll also include website, email, and phone service at no additional upfront cost so you can get on the web and start fielding client calls in minutes.

When you place an order with us, our highly trained personnel will take your order and submit all necessary documents that we prepare for you to the Secretary of State. We check the name for availability in South Carolina, correctly prepare articles, submit the proper fees, etc. The filing process can be delayed by weeks if you make a mistake.  With our years of experience, we know what the pitfalls are and know where to avoid delays.

Doing Business in South Carolina

Business Maintenance

All South Carolina Corporations and LLCs Must File: 

• Articles of Incorporation
  South Carolina corporations and LLCs are formed by filing the Articles of Incorporation or Articles of Organization with the South Carolina Secretary of State. It costs $110 to form a South Carolina corporation or South Carolina LLC.
• Initial Report
  SC corporations must include an initial annual report with the Articles of Incorporation. There is an additional $25 initial report fee due at the time of incorporation.
• Beneficial Ownership Information Report
  Nearly all businesses formed by filing with the state of South Carolina must file a federal Beneficial Ownership Information (BOI) Report with the Financial Crimes Enforcement Network (FinCEN) following business formation. You can file online through FinCEN at no cost. Or, take advantage of our professional BOI report filing service for just $9.
• Annual Report
  South Carolina corporations and LLC’s do not file annual reports with the Secretary of State. South Carolina corporations do need to make annual tax filings with the Department of Revenue.

South Carolina Business Taxes

Individual Income Tax
South Carolina income tax rates range from 0% to 7%.

Corporation Income Tax
The corporate income tax rate in South Carolina is 5%. 

South Carolina Business License

The State of South Carolina does not require a state business license. However, many South Carolina businesses will need an occupational license from the Department of Labor or a local license from the city or county.