What is the state filing fee to form an LLC in South Carolina?

The one-time state filing fee to form an LLC in South Carolina is $125.

Are there any annual fees for a South Carolina LLC?

No, an annual fee is not required for a South Carolina LLC.

How long does it take to get an LLC approved in South Carolina?

The official processing time for an LLC in South Carolina is typically 2 business days.

Can I form an anonymous LLC in South Carolina?

No, you cannot form an anonymous LLC in South Carolina.

What are the main advantages of forming an LLC in South Carolina?

The main advantages of forming an LLC in South Carolina include protection of your personal assets from business-related lawsuits or debts, a flexible management structure, pass-through taxation (where profits are taxed only once), and no annual reports required for most LLCs.

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

Anonymous LLC

Publication

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.