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South Carolina
   
   Corporate Name Endings
     * The name must use the word "corporation", "incorporated",
       "company", or "limited", the abbreviation corp.", "inc.", "co.",
       or "ltd." or abbreviations of words with a similar meaning in
       another language. The name cannot contain language indicating a
       purpose other than that permitted by state law and the articles of
       organization. The name must be distinguishable upon records of
       secretary of state from the name of a domestic or qualified
       foreign corporation, reserved or registered corporate name, name
       of non-profit corporation, or name of a limited partnership.
       
   Articles of Incorporation Requirements
     * Director Information
          * Minimum Number - One or more.
          * Residence Requirements. - No provision.
          * Age Requirements - None.
          * Directors are required to be listed in the articles of
            incorporation.
     * Officer Information
          * The officers are not required to be listed in the articles of
            incorporation.
     * Stock Information
          * No extra filing fees based on number of share or amount of
            par value.
       
   Yearly Requirements
     * Annual Statements
          * Annual license fee of $15 plus $1 for each $1,000 (or
            fraction) of capital stock and paid in as surplus, as shown
            by corporate records on the first day of the income year next
            preceding the date of filing the report. Minimum tax, $25.
          * File annual report with Department of Revenue by the 15th day
            of the 3^rd month after the close of the preceding income
            year. The tax is paid with the report. To file initial
            articles of incorporation or an application for certificate
            of authority by a foreign corporation, the articles or
            application for certificate of authority must be accompanied
            by an annual report and remittance for minimum fee of $25
            payable to Department of Revenue.
     * Income Tax Rate
          * 5% of entire net income.
       
   For more information on taxes, visit www.dor.state.sc.us
               

DISCLAIMER:
The information contained in this site is provided for general information only and should not serve as a substitute for legal advice from an attorney familiar with the facts and circumstances of your specific situation. USA Corporate Services Inc. performs business formation services; it is not a law firm and does not provide legal advice or legal services. View our Full Disclaimer and Privacy Policy.

Send your questions and comments to info @ usa-corporate.com.

Copyright © 1999-2008, USA Corporate Services Inc.

DISCLAIMER:

The information contained in this site is provided for general information only and should not serve as a substitute for legal advice from an attorney familiar with the facts and circumstances of your specific situation. USA Corporate Services Inc. performs business formation services; it is not a law firm and does not provide legal advice or legal services. View our Full Disclaimer and Privacy Policy.

Send your questions and comments to info @ usa-corporate.com.

Copyright © 1999-2008, USA Corporate Services Inc.

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