In South Carolina, annual reports for profit Corps are NOT filed with the SC Sec. of State’s office, but as part of their corporate tax return with the SC Dept of Revenue. Corporate tax returns/annual reports are due on the 15th day of the third month after the close of the Corp’s fiscal year. For LLCs, annual reports are not required to file.
Self-Service: Obtaining a Tax ID number doesn’t cost any money. You can apply by phone, fax or mail. You can also call toll free at (800) 829 4933 and get EIN instantly over the phone. If you apply by fax, it takes about 4-5 business days. If you apply by mail, it takes about 3-4 weeks. Please find information about Tax ID – EIN here.
Full Service: Do you need assistance with obtaining a tax ID? We can help prepare the form and obtain the tax ID for $45. Order here Tax ID.
What is “S Corporation”?: An “S Corporation” is a corporation that elects to be taxed under Subchapter S of the Internal Revenue Code and receives IRS approval of its request for Subchapter S status. As a legal entity (an artificial person), the S corporation is separate and distinct from the corporation’s owners (the stockholders). Under Nevada incorporation law, there is no distinction between a C corporation and an S corporation. The incorporation process is the same. However, the two type of corporate entities are subject to differing federal and state tax treatment. Our cost is $45. Order S Corporation filing here.
Corporate kits start at only $82.50. LLC and INC. Click here to order corporate/LLC kits for any U.S. state.
We can help you submit the filing with FinCEN for your company. Companies formed in 2024 have 90 days to file initial reports after receiving official notification of their creation. Companies existing before 2024 have a deadline of January 1, 2025, for their initial reports. Those established after 2025 will have 30 days to file initial reports after registration.
Let IncParadise efficiently and affordably handle your BOI reporting with FinCEN, allowing you to focus on running your business and avoid costly compliance mistakes.
A certificate of good standing (certificate of existence) is a document issued by the Secretary of State certifying that your corporation does exist legally and that it is in good standing with the state. We can obtain one for you. The fee is $89 + state fee.
In 1981, the United States joined the 1961 Hague Convention abolishing the Requirement of Legalization for Foreign Public Documents. The Convention provides for the authentication of public (including notarized) documents to be used in countries that have joined the convention. Apostille of Articles of Incorporation or other document is issued by the Secretary of State. Price is $89 + state fee.
If your charter was revoked and you want reinstate the company, you have to pay all due fees and penalties and file appropriate annual reports.
Do you need somebody to handle reinstatement for you? Please contact us! We charge $89. We can find out how much money you owe for state fees.
There are times when a business needs to change the information included in the Articles of Incorporation or Articles of Organization. To do this, you need to file an amendment with the South Carolina Secretary of State. Some reasons a business may need to file an amendment are to change the company’s name, to expand or alter the company’s business purpose, or to change the number of authorized shares or par value (for corporations only).
Do you need somebody to handle the filing of amendment for you? Please contact us! We charge $89 + state fees. Pay by PayPal (our email address is paypal@https://incparadise.net).
Registration of foreign company qualifying to conduct business in other states: If your company expects to transact business outside your state of formation, your company may be required to qualify as a “foreign corporation” or “foreign LLC.” We can file the necessary paperwork to qualify your business as a foreign corporation or LLC in any of the 50 states.
Do you need somebody to handle foreign qualification for you? Please contact us!
Read more information about Foreign Qualification here
Foreign qualification fees
Do you need U.S. street address as your mailing address. Mail is forwarded once a week. We offer mail forwarding service based in Las Vegas, NV.
There are two options:
– $150 per year. $2.50 per mailout plus postage.
– $99 per year. $5.50 per mailout plus postage.
Business licenses are mandatory for every business in the USA to operate legally. You may require federal, state, local licenses, permits, and tax regulations for your business.
Obtaining business licenses and permits is a daunting and time-consuming process as it entirely depends on the business industry, location, etc. IncParadise makes the business license process easy for you by delivering a report that lists the required federal, state, local licenses, permits, and tax regulations. Our expert research team searches, identifies and verifies the local, state, and federal licenses and permit requirements for your business type and location. They then send you the report with a list of these business license requirements so that you can save yourself time and effort.
We offer the best toll-free numbers on the market. Nationwide businesses, mid-sized and small businesses, and families can order toll-free 800 services and get a number that rings directly to your home or business. Redirect it to your fax machine or cell phone and back as you change locations. Track calls on the Internet in real time. Select an easily remembered vanity number for your business. You will get: custom routing, voice mail, inbound faxing, website account management, call recording, lead generation, vanity numbers, national toll-free database search and much more!
No, but it is recommended to reserve a name prior to filing to ensure that it remains available during the incorporation process
The reservation of your corporate name will be handled by IncParadise and is included in the price of our service.
No.
When using our service, IncParadise will file, on your behalf, the required administrative forms and articles of incorporation with the appropriate South Carolina agency.
Yes. . The registered agent must have a business office identical to the registered office and must be either: (1) an individual residing in South Carolina, or (2) a corporation with authority to transact business in the state. As part of our ongoing service, IncParadise does provide a registered agent service option that you can select during the online registration process.
One or more are required.
One or more as defined in the by-laws.
Yes. A report must be filed each year by the 15th day of the 3rd month following the end of the corporation’s fiscal year.
Didn’t find answer to your question? Email as at info@incparadise.com
| For Charleston, SC (2005) | Index Score |
|---|---|
| Composite: | 99.6 |
| Housing: | 95.2 |
| Utilities: | 98.2 |
| Misc. Goods & Services: | 100.6 |
South Carolina has the 49th lowest overall crime ranking in the U.S. (FBI, 2004)
Business Inventory Tax
Exempt.
Corporate Income Tax
South Carolina’s corporate tax structure consists of a flat tax of 5.0% on all corporate income.
Personal Income Tax
South Carolina’s personal income tax system features six income brackets with a top rate of 7% starting at $12,650.
Personal Property Tax
South Carolina is one of the 38 states that collect property taxes at both the state and local levels. Each class of property is assessed at a ratio unique to that type of property and ranges from 4.0 – 10.5%. In South Carolina, intangible personal property is exempt from taxation.
State Sales and Use Tax
Base Rate: 5.0%
Machinery Rate: none
There is an exemption for sales of machinery, including parts, attachments and replacements, used in farming, including the production of poultry and poultry products, and in mining, quarrying, compounding, processing and manufacturing tangible personal property.
Unemployment Insurance
South Carolina’s new employers’ rate is 3.34 percent for 1 year.
What makes incorporation in South Carolina another step towards achieving high business growth? The state is home to two of the most dynamic aerospace and advanced manufacturing industries, both growing at a rapid pace. The manufacturing industry has witnessed 16% employment growth since 2011 while the aerospace industry has witnessed 12% increase in export sales of aircrafts in the period between 2016 and 2017. There are over 400 aerospace-related companies in South Carolina including Boeing, Carolina Turbine Support Inc., Lockheed Martin, Legends Aircraft LLC, RBC bearings, Zeus Industrial Products Inc., BGF Industries Inc., Curtis-Wright Surface Technologies, and LPA Group among others.
The “Palmetto State” as South Carolina is often known as, has one of the most business-friendly climates and this is one of the reasons why company incorporation in South Carolina has crossed the 400,000 mark. Some of the other aspects that make this state worth forming your business in include overall cost of doing business, a variety of business incentive programs, and ease of access to capital and project funding.
Now let’s take a look at some of the salient benefits that are responsible for fuelling growth of small businesses:
What is the process of company incorporation in South Carolina? Do you require any specific documents? How can you submit or file these documents? These are some of the questions that you will be confronted with and hence the following steps will provide you with information on how incorporation works in South Carolina:
The first step towards incorporation in South Carolina is choosing the type of business you want to form. You can choose to form an LLC or a Corporation. The type of business entity you want to form can be either domestic or foreign entity. The forms and fee will be different for each type of entity.
What is the next step towards incorporation in South Carolina? The next step is to identify and reserve a name and this can be done as follows:
Each Business or Professional Corporation and Limited Liability Company in the state of South Carolina is required to maintain a registered agent pursuant to SC Code § 33-5-101 (2012) for Corporations and SC Code § 33-44-108 (2012) for a Limited Liability Company.
We are one of the respected registered agents in South Carolina and will be responsible towards initiating company incorporation in South Carolina through processing of all your documents including “Articles of Organization” and “Articles of Incorporation” for domestic business entities and “Certificate of Authority” for foreign entities.
If you are planning to form a domestic corporation (For profit), then you will have to file “Articles of Incorporation” pursuant to SC Code § 33-2-102 (2012). If you are planning foreign business incorporation in South Carolina then you will be required to file a “Certificate of Authority” pursuant to SC Code § 33-15-103 (2012). In order to streamline the process we can file documents on your behalf through the online process or through an expedited process.
As a part of the process of company incorporation in South Carolina, we will ensure, you receive date-stamped and filed copies that verifies that the state has filed as well as formed your corporation.
What would it cost to set up a company in South Carolina? Check Fees here!
Why form a South Carolina business? The state believes that however large or small, every business deserves benefits so that they can keep climbing up the ladder till they achieve the growth initially intended. The Palmetto State is committed to technology and entrepreneurship-based economic development success and this has led to the creation of “Industry 4.0” with the objective of developing smart factories and businesses. The innovation hub led by the Department of Commerce, Office of Innovation provides just about everything a start-up needs to make SC it’s new home!
South Carolina is rapidly evolving towards a more innovative, technology-based and entrepreneurial business environment. Come and experience the difference!
The big question is how do you go about company formation in South Carolina? This is where we can be of assistance!
We are one of the top South Carolina registered agents and are familiar with all incorporation processes pertaining to the South Carolina State and can provide information and assistance for successful set up of your business!
LLC company formation in South Carolina is governed by 2012 South Carolina Code of Laws, Title 33 – Corporations, Partnerships and Associations, Chapter 44 – Uniform Limited Liability Company Act of 199. The procedure for registration and formation of LLC is as follows:
If you are planning to form a Limited Liability Company in South Carolina then you will be required to designate and continuously maintain a registered agent in the state pursuant to SC Code § 33-44-108 (2012). This law is applicable to domestic limited liability companies as well as foreign limited liability companies.
We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 businesses set up in South Carolina. We can assist you to form a South Carolina business LLC.
One of the foremost steps towards company formation in South Carolina is identifying a name for your business entity. What is the process? The process is as follows:
If you are planning to form a South Carolina business LLC then the most important step is to prepare and file the proper documents for a Limited Liability Company. The steps are:
We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the LLC registration.
In case, you have any questions regarding how to form a South Carolina business, feel free to call us on 702-871-8678.
If you are planning to form a Corporation in South Carolina then its formation will be governed by the 2012 South Carolina Code of Laws, Title 33 – Corporations, Partnerships and Associations. The procedure for registration and formation is as follows:
If you are planning to form a business or professional corporation in South Carolina then you will be required to continuously maintain a registered agent in the state pursuant to SC Code § 33-5-101 (2012). This law is applicable to domestic as well as foreign corporations.
We would take this opportunity to share with you the fact that we are one of the top registered agents in the state and have been responsible for over 11,494 businesses set up in South Carolina. We can assist you to form a South Carolina business as we are in compliance with all regulations in the State of South Carolina.
In order to form a corporation in South Carolina, one of the key steps is identifying a name for your business entity. The process is as follows:
If you are planning to form a corporation in South Carolina, then the most important step is to prepare and file the proper documents for a business corporation. The steps are:
We can file the form on your behalf as your registered agent in the state and provide you with certified copies of the incorporation.
If you have any questions regarding South Carolina incorporation or LLC formation, you can simply visit the South Carolina Business Formation page.
702-871-8678