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The document is the Initial Annual Report of Corporations (CL-1) for the State of South Carolina, which outlines the requirements for domestic and foreign corporations to file their initial report with the Secretary of State. It includes sections for corporate information, registered agent details, share structure, and payment of fees. The report must be submitted within 60 days of commencing business in South Carolina, accompanied by a minimum license fee of $25. Instructions for completing the form and penalties for late filing are also provided.

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2023	4.6 Satisfied (27 Votes)
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What is the purpose of a Cl-1?

This form ensures that businesses are registered and compliant with state regulations. By filing the CL-1, organizations maintain their legal status and efficient operation within South Carolina.

How much does it cost to file for an LLC in SC?

Starting an LLC costs $110 in South Carolina. This is the state filing fee for a document called the South Carolina Articles of Organization. The Articles of Organization are filed with the South Carolina Secretary of State.

What is a CL-1 form in South Carolina?

CL-1 The Initial Annual Report of Corporations. This form is filed with the South Carolina Department of Revenue.

What is a CL-1 form SC?

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.

What is the LLC 1 form?

To form a limited liability company (LLC), complete the Articles of Organization (Form LLC-1). Before submitting the completed form, you should consult with a private attorney for advice about your specific business needs.

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