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Click ‘Get Form’ to open the CL-1 Initial Annual Report in the editor.
Begin by entering your corporation's name and contact details, including the physical address of headquarters and mailing address for tax correspondence.
Fill in the state of incorporation, month your corporation closes its books, and nature of principal business in South Carolina.
Provide information about your registered office location and registered agent within South Carolina.
Complete sections regarding the total number of authorized shares and issued shares of capital stock, if applicable.
Review the affidavit section, ensuring all information is accurate before signing as an incorporator or authorized officer.
Finally, attach any required remittance and submit your completed form through our platform for processing.

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2014	4 Satisfied (36 Votes)
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What is a CL-1 form in South Carolina?

Form CL-1, the Initial Annual Report of Corporations, must be submitted by both domestic and foreign corporations to the Secretary of State. LLCs filing as a corporation must submit Form CL-1 to the South Carolina Department of Revenue within 60 days of conducting business in this state.

Is a CL-1 required in South Carolina?

You are required to file a CL-1 (Initial Annual Report of Corporations) and pay a one-time $25 initial corporate License Fee within 60 days of doing business or using capital in the state of South Carolina.

What is a CL-1 form?

Ongoing Compliance After Registration Key obligations include: CL-1 Initial Annual Reports: Corporations must file a CL-1 Initial Annual Report form and pay a $25 fee. Other business entities have no such requirement. Pay on time to avoid penalties.

Is a CL-100 required in SC?

Compliance with Lending Requirements Many mortgage lenders in South Carolina require a clean CL-100 report before approving a loan. This requirement protects the lenders investment and assures the buyer that their new home is structurally sound.