Starting a Business in South Carolina
LLC filing: $110 | Corp filing: $135 | Business-friendly score: 7/10
Business Environment at a Glance
7/10
Business-Friendly Score
0% - 6.4%
Income Tax
6%
State Sales Tax
$7.25
Minimum Wage
Business Filing Fees in South Carolina
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $110 | One-time, filed with Secretary of State |
| LLC Annual Fee | $0 | No annual fee required |
| Corporation Filing Fee | $135 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $25 | Annual report/franchise tax |
Tax Rates
| State Income Tax | 0% - 6.4% |
| Corporate Tax Rate | 5% |
| State Sales Tax | 6% |
| Max Local Sales Tax | 3% |
| Minimum Wage | $7.25/hr |
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South Carolina Special Requirements
- No annual report or fee required for LLCs
- South Carolina Business License required at county/municipal level
- Retail license required from SC Department of Revenue for sales tax
- Workers compensation required for 4+ employees
Major Cities in South Carolina
Browse Industries in South Carolina
Start Your Business in South Carolina
The state filing fee for an LLC in South Carolina is $110. Licenses, insurance, equipment and rent usually cost far more: see the full picture for your business type and city.
Estimate your startup costs