LLC Notices, Resolutions and other Operations Forms Package - South Carolina 2025

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An LLC Operating Agreement is an internal document that outlines the ownership structure and operational guidelines for the Limited Liability Company.
The total South Carolina LLC cost for required filings is only $110 to $160, depending on if you need the $50 sellers permit. If youre a very small business and arent required to have workers compensation or other types of insurance, that could be all you pay, since South Carolina doesnt have annual reports.
An LLC resolution is a legal document that describes the roles members of an LLC should play. This document also highlights situations that which voting might be required. For our company, the main objective of the resolution is to set clear guidelines that ensure smooth operations of the entity.
Board members of a corporation usually draft a banking resolution at their first board meeting. A Limited liability company (LLC) should also have a banking resolution. This simplifies the process of opening a bank account. Banks often require banking resolutions from companies.
Bylaws and resolutions are the initial decisions of your corporations board of directors and basic operating rules of your corporation. An operating agreement is a key document used by LLCs because it outlines the business financial and functional decisions including rules, regulations and provisions.
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Who signs a resolution for an LLC? LLC resolutions should be signed by all members or authorized representatives of the LLC who are involved in the decision or action being documented in the resolution.
Most states require businesses to file an annual (or other periodic) report with the Secretary of State. For the State of South Carolina, LLCs are not required to file an annual report every year. If your LLC has elected to be taxed as an S Corp however, youll have to file form SC 1120S to the Department of Revenue.

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