CL-1 - the South Carolina Department of Revenue - sctax: Fill out & sign online

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Click ‘Get Form’ to open it in the editor.
Begin by entering your corporation's name and physical address in the designated fields. Ensure accuracy as this information is crucial for identification.
Fill in the 'State of incorporation' and indicate the month your corporation closes its books. This helps establish your reporting period.
Provide details about your principal business activities in South Carolina, including the location of your registered office and registered agent.
Complete sections regarding authorized shares of capital stock, ensuring you itemize by class and series if applicable.
Review all entries for accuracy before signing. Use our platform’s tools to add your signature electronically, making submission seamless.

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What is a CL-1 form in South Carolina?

A CL-1 form is a Department of Revenue form filed with the Secretary of State along with the Articles of Incorporation for all business corporations and nonprofit corporations formed as political associations.

What is a class 1 insured in South Carolina?

Class 1 insureds is a term that is sometimes used in the context of uninsured motorists (UM) and underinsured motorists (UIM) coverage to refer to the named insured and the named insureds family members (as opposed to all other insureds, referred to as Class 2 insureds).

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 CL1 form?

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. The CL-1 form comprises several fields that require accurate and relevant business information.

Why am I getting a letter from the South Carolina Department of Revenue?

Your refund is mailed with a check to the address listed on your Income Tax return. Once you receive your check in the mail, you must deposit the check into your bank account or cash it using a check-cashing service. Refunds from most error-free returns will be processed in up to 8 weeks.