South Carolina LLC: Key Data, Fees & Features
Your complete overview of $South Carolina LLC costs, pros & cons, and key regulations. Make an informed decision with our up-to-date data.
State Filing Fee
$125
Processing Time
2-2 days
Annual Report Fee
$0
Anonymous LLC
No
Publication
No
Advantages
- Protects your personal assets from business-related lawsuits or debts.
- Flexible management structure.
- Pass-through taxation (profits are taxed only once).
- No annual reports required (for most LLCs).
Disadvantages
Franchise Tax & State Requirements
South Carolina does not require LLCs to file annual reports unless taxed as an S-corp or C-corp.
South Carolina LLCs are taxed as pass-through entities, with profits passing through to each member’s personal tax return and subject to the federal self-employment tax rate of 15.3%. LLCs also need to pay state and local taxes on sales made in South Carolina.
Frequently Asked Questions
Transparency & Data Sources
This review was last updated on $August 19, 2025 to ensure accuracy.
