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Is there a yearly fee for LLC in SC?

To maintain an LLC in South Carolina you do not need to pay an annual fee. However, state income tax at 3% to 7.9%, sales use tax at 6% and federal taxes are levied.

How much money should you start with an LLC?

The main cost of forming a limited liability company (LLC) is the state filing fee. This fee ranges between $40 and $500, depending on your state.

What are the requirements for an LLC in South Carolina?

LLC Formation Requirements in South Carolina Choose a South Carolina LLC name that is not in use. Include Limited Liability Company, Limited Company, LLC, L.L.C., LC, or L.C. in the name you select. Complete and file Articles of Organization. Pay the $110 filing fee. Name a registered agent in your Articles of Organization.

Does SC have an annual LLC fee?

To maintain an LLC in South Carolina you do not need to pay an annual fee. However, state income tax at 3% to 7.9%, sales use tax at 6% and federal taxes are levied. Its very important for you to register as a foreign LLC in the state where you want to conduct business.

Do I have to renew my LLC Every year in South Carolina?

Unlike most other states, South Carolina does not require LLCs to file an annual report.

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