A few years ago, the South Carolina General Assembly passed a bill that repealed the need for some companies to file an annual report. The bill specified that businesses do not need an annual report for the state to consider them to be in good standing. This means that the due date for the annual report is heavily dependent on the tax return date.
For-profit corporations are required to file no later than the 15th day of the third month after the close of their tax year. Although this can vary, the date is March 15th for many companies. Nonprofit corporations are required to renew by the 15th day of the fifth month following the close of their tax year, which tends to be May 15th. Additionally, companies must submit changes of their corporate structure to the South Carolina Secretary of State. Businesses can also use this office to make changes to their registered agent.
South Carolina corporations are also required to file an initial report, known was the Initial Annual Report of Corporations CL-1. This form is due when they submit their initial registration to the Secretary of State.
Let Us File Your South Carolina Annual Report
Worried about filing your annual report to the state of South Carolina on time? Let us handle it for you. Our convenient filing services come with the following benefits:
- Experienced preparation
- Guaranteed on-time filing with the Secretary of State of South Carolina
- Keep your South Carolina business operating legally
- Avoid late fees and penalties
We Protect Your Privacy
Your privacy is of utmost importance to us and we go to great lengths to keep your personal information from falling into the wrong hands. As part of our promise, we:
- Monitor your South Carolina business records
- Update your records for you
- Allow you to use our address when filing instead of yours
We don’t sell your information to anyone. We only provide it to government entities when required, and we keep it on file only so we can help you with your future annual registration needs.
South Carolina Annual Registration Filing Fees & Instructions
The amount that a company must pay to file an annual report in South Carolina relies heavily on the type of business entity. For example, limited liability partnerships, both domestic and foreign, must pay $100 when filing their annual report. Charities and nonprofit corporations must pay $50 when filing their paperwork. The state views other companies, such as corporations and partnerships, in good standing not based on an annual report, but based on their tax return. So, this means that these companies do not have to pay a fee to file an annual report per se, but they do have to pay their taxes.
South Carolina Corporations (Domestic & Foreign)
| State Office: |  South Carolina Secretary of State 1205 Pendleton Street, Ste. 525 Columbia, SC 29201 Phone Number: (803) 734-2158 |
| Due Date: | Not Required |
| Filing Fee: | Not Required |
| Penalty: | Not Required |
| Filing Method: | Not Required |
| Forms: | Not Required |
| Important Information: | Not Required |
South Carolina Limited Liability Companies (Domestic & Foreign)
| State Office: | South Carolina Secretary of State 1205 Pendleton Street, Ste. 525 Columbia, SC 29201 Phone Number: (803) 734-2158 |
| Due Date: | Not Required |
| Filing Fee: | Not Required |
| Penalty: | Not Required |
| Filing Method: | Not Required |
| Forms: | Not Required |
| Important Information: | Domestic and foreign South Carolina limited liability companies do not have to file an initial or annual report unless they elect S-corp taxation (in which case they must file SC 1120S annually with the South Carolina Department of Revenue). |
South Carolina Nonprofit Corporations (Domestic & Foreign)
| State Office: | South Carolina Secretary of State 1205 Pendleton Street, Ste. 525 Columbia, SC 29201 Phone Number: (803) 734-2158 |
| Due Date: | Not Required |
| Filing Fee: | Not Required |
| Penalty: | Not Required |
| Filing Method: | Not Required |
| Forms: | Not Required |
| Important Information: | Not Required |
South Carolina Limited Partnerships (Domestic & Foreign)
| State Office: | South Carolina Secretary of State 1205 Pendleton Street, Ste. 525 Columbia, SC 29201 Phone Number: (803) 734-2158 |
| Due Date: | Not Required |
| Filing Fee: | Not Required |
| Penalty: | Not Required |
| Filing Method: | Not Required |
| Forms: | Not Required |
| Important Information: | Not Required |
South Carolina Domestic Limited Liability Partnerships
| State Office: | South Carolina Secretary of State 1205 Pendleton Street, Ste. 525 Columbia, SC 29201 Phone Number: (803) 734-2158 |
| Due Date: | By the anniversary of registration for the first renewal and by the previous year’s renewal date for each additional year. |
| Filing Fee: | $100 |
| Penalty: | There is no late fee for filing late. If you do not file your Renewal Application on time, the business gives up its right to its name. |
| Filing Method: | Method of Delivery:
|
| Forms: | South Carolina Secretary of State – Division of Business Filings: Domestic Limited Liability Partnership – Renewal Application |
| Important Information: |
South Carolina Foreign Limited Liability Partnerships
| State Office: | South Carolina Secretary of State 1205 Pendleton Street, Ste. 525 Columbia, SC 29201 Phone Number: (803) 734-2158 |
| Due Date: | By the anniversary of registration for the first renewal and by the previous year’s renewal date for each additional year. |
| Filing Fee: | $100 |
| Penalty: | There is no late fee for filing late. If you do not file your Renewal Application on time, the business gives up its right to its name. |
| Filing Method: | Method of Delivery:
|
| Forms: | South Carolina Secretary of State – Division of Business Filings: Domestic Limited Liability Partnership – Renewal Application |
| Important Information: |
How to File Your South Carolina Secretary of State Annual Report
Businesses operating in South Carolina will file their annual report along with their tax returns – the form itself is essentially a tax return that also renews your business’ status in the state. To file, complete your taxes and determine what must be paid. You find tax forms and the annual report form on the South Carolina Secretary of State website. Complete the basic form, attach the tax information, and submit it along the tax debt that you owe.
An easier option is to let our professionals handle the process of filing for you. Once your taxes are prepared, our team can quickly and easily submit your annual report to ensure that your company stays compliant. It makes it easier for you and saves you huge amounts of time.
Our South Carolina Annual Report Service
We offer secure, professional annual report preparation and filing services with the state of South Carolina. Hire us and you’ll never need to worry about missing an annual report deadline or paying penalties. We’ll make sure your business is in good legal standing so you don’t face the threat of losing your business rights in South Carolina.
South Carolina Annual Report Filing Service Benefits
Our annual report filing services can benefit you in the following ways:
- Hassle-free annual compliance with South Carolina’s rules and regulations
- No missed deadlines or late fees
- Professionally prepared and submitted filing service
Have questions about our annual report services or business compliance solutions? Contact us or fill out our convenient online price quote form.
South Carolina Annual Report FAQS
How Much Is the Annual Report Filing Fee?
South Carolina has no fixed filing fees associated with its annual report. Instead, you must pay the full amount of taxes your business owes when you submit your report. This keeps you compliant and is done in lieu of a fee.
When Is the Filing Deadline with the South Carolina Secretary of State?
In South Carolina, the filing deadline will depend somewhat upon the type of business that you have, but in general, it will follow the deadlines for filing your taxes.
- LPs, LLPs: The 15th day of the fourth month after the end of the tax year. Usually this is April 15
- Corporations: The 15th day of the third month after the end of the tax year, usually March 15
- Nonprofit Organizations: The 15th day of the fifth month after the end of the tax year, usually May 15
- Charities: 4.5 months after the end of the fiscal year, Generally the middle of May.
Does the State of South Carolina Assess Late Penalties?
Yes. There is a 5% penalty per month that your tax return is late. These are tax penalties, however, and not an actual fee added to your report. Additionally, your company could be dissolved by the state if you fail to pay.
What Are the Initial Reporting Requirements for South Carolina Businesses?
There are no initial reporting requirements for businesses newly-formed in South Carolina.
Who Is Allowed to File the South Carolina Annual Report?
Forms need to be signed by an officer, CEO, partners, or incorporators. Original signatures are not needed on the submitted forms.
South Carolina Business Resources
South Carolina Office of Secretary of State
Phone:
(803) 734-2158
Address:
South Carolina Secretary of State
1205 Pendleton Street, Ste. 525
Columbia, SC 29201
If you’re interested in more info on forming an LLC, call 888-366-9552.
HELP FILE MY SOUTH CAROLINA ANNUAL REPORT
There is a lot to remember when running a business and making sure the annual report or biennial report is filed on time is the last thing a business owner needs to worry about. At DoMyLLC we have an entire department that is dedicated to ensuring annual report filing are complete in a timely manner. Take one less task off your plate and feel confident your annual report will be filed on time to avoid late penalties and falling into bad standing with the state.