South Carolina LLC and South Carolina Corporation
Filed with the South Carolina Secretary of State Corporations Department
South Carolina Corporation Names
The South Carolina Corporation name must include the word or an abbreviation of a word that indicates that the named entity is a corporation. Examples of a corporate name ending include “Incorporated,” “Corporation,” “Company” or “Limited.” The name cannot state or imply that the corporation is formed for a purpose other than what is permitted in the articles of incorporation. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
South Carolina Limited Liability Company (LLC) Names
The South Carolina Limited Liability Company (South Carolina LLC) must use the term “Limited Liability Company”, “LLC” or “L.L.C.” The word “Limited” may be abbreviated as “Ltd.” And the word “Company” as “Co.” The name cannot state or imply that the LLC is formed for a purpose other than what is permitted in the articles of organization. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
Registered Agent
A corporation must maintain a registered agent at all times to accept any important service of process from the state. The registered agent must be located and available during regular business hours at a legal address within the state. South Carolina prohibits the use of a P.O. Box as your registered agent’s address.
Director Information
- Minimum Number – One or more.
- State Residence Requirements – None.
- Age Requirements – Directors must be a natural person at least 19 years of age.
- Directors are not required to be listed in the articles of incorporation.
Officer Information
Officers are not required to be listed in the articles of incorporation.
Stock Information
The number of shares the corporation is authorized to issue, itemized by classes, must be included in the articles.
Corporate Records
The articles of incorporation, bylaws, current amendments, board resolutions creating classes or series of shares, minutes of shareholders’ meetings from the last 10 years, written communications to shareholders from the last three years, names and addresses of current directors and officers, most recent annual report, and federal and state income tax returns for the last 10 years must be kept at the principal office of the corporation.