how to incorporate in sc without lawyer signature

Step 1 : Name Your South Carolina Corporation Step 2 : Choose a Registered Agent Step 3 : Hold an Organizational Meeting Step 4 : File the Articles of Incorporation

Full Answer

How to incorporate a business in South Carolina?

South Carolina Filing Procedure: To incorporate in South Carolina, you must file South Carolina Articles of Incorporation with the South Carolina Secretary of State. South Carolina Corporation Articles of Incorporation: The South Carolina Articles of Incorporation should include:

What is the filing procedure for articles of incorporation in SC?

South Carolina Filing Procedure: One (1) executed original and one (1) conformed copy of the Articles of Incorporation. The registered agent must sign a consent to the appointment on the form.

How do I dissolve a corporation in South Carolina?

South Carolina Corporation State Dissolution Requirements: A South Carolina corporation can be voluntarily dissolved by filing Articles of Dissolution with the South Carolina Secretary of State. The fee is $10.

How do I start an LLC in South Carolina?

To start an LLC in South Carolina, you must file Articles of Organization with the South Carolina Secretary of State. You can file the document online or by mail at a cost of $110 for paper filing, and $125 if you file online. Hire Active Filings and we’ll form your LLC for you.

Do I need an attorney to incorporate in South Carolina?

Please note, South Carolina requires that an attorney licensed to practice in South Carolina sign the Articles of Incorporation. The attorney fee is included with the state fee we display in our pricing.

Can I incorporate by myself?

By incorporating yourself, you create a separate legal entity for your business that separates your personal affairs and finances from those of your company. You are protected by a structure called the corporate veil as long as you keep your business and personal assets separated.

How do I incorporate my business in SC?

~1-2 business days online.Choose a Corporate Structure. Incorporating means starting a corporation. ... Check Name Availability. ... Appoint a Registered Agent. ... File South Carolina Articles of Incorporation. ... File Initial Report. ... Establish Bylaws & Corporate Records. ... Appoint Initial Directors. ... Hold Organizational Meeting.More items...

How do I set up an S Corp in South Carolina?

Starting a South Carolina LLC and electing S corp tax status is easy....Step 1: Name Your LLC. ... Step 2: Choose Your South Carolina Registered Agent. ... Step 3: File the South Carolina LLC Articles of Organization. ... Step 4: Create an LLC Operating Agreement. ... Step 5: Get an EIN and Complete Form 2553 on the IRS Website.

Can you form a corporation with one person?

However, all states do allow corporations to have just one owner. You can be the sole shareholder, director and officer for your company. Even without the suits, you still must follow all the formalities to ensure your corporation remains in good standing.

Why would a person incorporate themselves?

When you learn how to incorporate yourself, it becomes easier to manage income, separate your personal income from business income, and legally distance yourself from the corporation, making tax time less of an issue. Lastly, when you incorporate yourself, you can limit your personal liability.

How much does it cost to file articles of incorporation in SC?

$135To start a corporation in South Carolina, you must file Articles of Incorporation and an Initial Report with the Secretary of State. Together these documents cost $135, plus a $15 fee for processing of your paperwork.

How much does it cost to incorporate in South Carolina?

How much does it cost to form an LLC in South Carolina? The South Carolina Secretary of State charges a $110 fee to file the Articles of Organization. You can reserve your LLC name with the South Carolina Secretary of State for $25.

Can you be your own registered agent?

A registered agent is simply a person or entity appointed to accept service of process and official mail on your business's behalf. You can appoint yourself, or in many states, you can appoint your business to be its own registered agent.

Does South Carolina tax S corps?

S Corporations are required to withhold 5% of the South Carolina taxable income of shareholders who are nonresidents of South Carolina. To avoid penalty and interest, file the SC1120S-WH and submit your Withholding Tax payment by the 15th day of the third month following the S Corporation's taxable year end.

Do S corps get tax refunds?

Most small businesses don't receive IRS refunds because they don't pay taxes – at least not directly. Pass-through businesses, including sole proprietors, partnerships, LLCs and S corporations, may file tax returns, but taxable income passes through to the owner or shareholder's personal tax return.

Who must file a sc corporate tax return?

Generally Corporate taxpayers whose South Carolina tax liability is $15,000 or more per filing period must file and pay electronically.

How much does it cost to register a foreign corporation in South Carolina?

To register, you must file an Application for a Certificate of Authority to Transact Business with the South Carolina Secretary of State and pay a $135 filing fee.

What is an incorporator's statement?

The incorporator must fill in an "Incorporator's Statement" showing the names and addresses of the initial directors. The incorporator must sign the statement and place a copy in the corporate records book. The statement need not be filed with the state.

What are corporate bylaws?

Bylaws are an internal corporate document that set out the basic ground rules for operating your corporation. They are not filed with the state. Your corporation is not legally required to have corporate bylaws, but you should adopt them because they (1) establish your corporation's operating rules, and (2) help show banks, creditors, the IRS, and others that your corporation is legitimate. For corporate bylaw forms, see Nolo's website or Incorporate Your Business, by Anthony Mancuso (Nolo). Corporate kits also typically contain sample bylaws.

How long does it take to file Form 2553?

The election should be filed within two months and 15 days after the beginning of the corporation's first tax year.

What is a private offering exemption?

For example, federal law exempts "private offerings": a non-advertised sale to a limited number of people (generally 35 or fewer); most states have enacted their own versions of this SEC exemption. Visit your state securities office website for information about your state's securities laws.

What is the first meeting of a corporation's board of directors?

The first meeting of the corporation's board of directors should be held at which the directors can appoint corporate officers, adopt bylaws, select a corporate bank, authorize issuance of shares of stock, set the corporation's fiscal year, and adopt an official stock certificate form and corporate seal.

How long does it take to prepare a meeting minutes for a S corporation?

It is usually necessary to prepare the minutes over one or two weeks, and then send them to all the directors for their signature. For corporate meeting minute forms, see Nolo's website. 8.

South Carolina Incorporation Options

Sign up for a free account and use our online tools to start your South Carolina corporation today. Includes South Carolina incorporation and maintenance walkthrough and company document creation. All for free—just pay state fees.

How to Incorporate in South Carolina

To start a corporation in South Carolina, you’ll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation (along with an Initial Report) with the Secretary of State. You can file this document online or by mail. The articles and report combined cost a minimum of $135 to file.

Filing the South Carolina Articles of Incorporation

Learn more about each Articles of Incorporation requirement below. Note that the information you provide becomes part of the public record—permanently.

Why Have a Registered Agent Form Your SC Corporation?

Professionals in South Carolina hire registered agent services like Northwest Registered Agent for incorporation —but why?

What Do I Do After My SC Corporation Is Formed?

After your South Carolina Articles of Incorporation are approved, you still have a few more important steps to take, including getting an EIN, drafting bylaws, holding your first meeting, opening a bank account, and learning about state reporting and tax requirements.

Get an EIN

Your federal employer identification number (commonly known as an EIN or FEIN) is similar to a social security number for your business. The IRS assigns these numbers and uses them to easily identify individual corporations on tax filings, including federal corporate income tax returns.

Write Corporate Bylaws

Bylaws are the internal rules you set for your business. They put into writing how decisions will be made and who gets to make those decisions. All the major organizational processes and procedures for your corporation will go in your bylaws.

How much does it cost to dissolve a corporation in South Carolina?

The fee is $10.

Do South Carolina corporations have to file annual reports?

South Carolina Corporation Annual Report: South Carolina corporations are not required to file annual reports. However, failure to comply with South Carolina Department of Revenue tax requirements can lead to administrative dissolution of a South Carolina corporation.