Form a Corporation in South Carolina
Everything you need to know about forming a Corporation in South Carolina. Filing fees, requirements, timeline, and step-by-step guidance.
How to File
Choose Corporation Name
Select a unique name ending with Corporation, Corp., Incorporated, Inc., Company, or Co. Check availability through SC Secretary of State.
30 minutes
Appoint Registered Agent
Designate a registered agent with a South Carolina address to receive legal documents and official correspondence.
15 minutes
Prepare Articles of Incorporation
Complete Form CL-1 with corporate name, registered agent, authorized shares, incorporator information, and purpose.
45 minutes
File Articles with Secretary of State
Submit completed Form CL-1 with $135 filing fee online or by mail to the South Carolina Secretary of State.
20 minutes
What's Next After Filing
Once your Corporation is officially formed, you'll want to complete these important steps:
- •Create Corporate Bylaws — Draft internal bylaws governing corporate operations, meetings, and shareholder rights (not filed with state).
- •Hold Organizational Meeting — Conduct first board meeting to adopt bylaws, elect officers, and issue stock certificates to initial shareholders.
- •Obtain EIN and Business Licenses — Apply for federal EIN from IRS and any required state or local business licenses for your industry.
Advantages
- ✓Limited liability protection for shareholders
- ✓Unlimited life span and perpetual existence
- ✓Easy transfer of ownership through stock sales
- ✓Tax advantages and deduction opportunities
Considerations
- •Double taxation on corporate profits and dividends
- •Complex record-keeping and reporting requirements
- •More expensive to form and maintain than LLCs
Annual Obligations
What OpenChamber Does
We don't file paperwork for you — we guide you through doing it yourself, which saves money and helps you understand your business from day one.
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Every task you need, organized by priority and tailored to South Carolina.
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