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How To Complete A South Carolina Business Entity Search
When setting up an LLC in South Carolina, one of the initial steps that must be undertaken is to do a business entity search. The name of your limited liability company is one that you will want to reserve, and this is done by first doing a search to see if it is available. This must be done on the South Carolina Secretary of State website. Simply access the business name database. Once you have determined that it is available, because no one else is reserved it, you can pay the $25 filing fee to the South Carolina Secretary of State Corporations Division. There are a few things that you should consider while you are doing the search, just to make sure that you can complete this process quickly.
How To Use The Business Name Database
When you arrive at the website, there is going to be an area where you can do the search. You will simply type in the first letters, or the first word, that is associated with the name that you want to use. If this is your business name, you can easily determine if someone else is registered it. If it doesn’t come up, then it certainly available. There are other search parameters that you can use such as you can search for what the name begins with, what the name contains, or you can even search for an exact match. Once you have completed this process, you will then want to access the Application to Reserve a Limited Liability Company Name. After filling out this form, you will submit this to the South Carolina Secretary of State Corporations Division.
What Happens After You Have Registered Your Name?
Prior to submitting the completed Articles of Organization to the South Carolina Secretary of State’s office, you must also retain or hire a registered agent. These are businesses, and sometimes individuals, that live in the state of South Carolina. They will have the physical address to which mail can be sent. The other option is that can work with a registered agent that may not be in South Carolina yet they are an agent for service of process that is authorized to do so. By choosing one, you can then write that down on the Articles of Organization. There are a few other steps that you need to take so that you will have all of the information that you need prior to submitting this document.
What Else Do You Need To Add To The Articles Of Organization?
Once you have the name of your business and the registered agent, you should also have a designated physical place where the businesses conducted. This is called the LLCs initial office, and you should also determine whether or not this is a manager-managed LLC or if it is something else. If there is a manager, then you need to write down their name and address. If this is a temporary LLC, state how long you would like it to be effective. If it is a delayed effective date, or whether you want this started once the limited liability company is approved, this must be written on this document before submission. Finally, if you have a lead organizer that is helping you with all of this, or if that is you, you must put the name, address, and signature of that individual on this document. You will then have all of the information that you need to submit the articles of the organization to the South Carolina Secretary of State’s office.
Does It Take Long To Get Your LLC Approved?
Assuming that all of the information that you are providing is correct, it will be approved relatively fast. You can expect to wait between four and six weeks for this process to occur. Expedited processing options are available, which may allow you to receive this in just a few days. You will have to determine whether or not expedited processing or regular process is best suited for your current situation. Therefore, if you have not obtained your EIN number or business permits, the delay in starting your LLC might be appropriate. If you have all of this done, and you want to start as soon as possible, the expedited processing would be the best option.
Using the business name database is very straightforward. As long as you can access it, and then search to see if someone else is using the name for your LLC that you want, you can then reserve that name using the forms that were mentioned. All of this can be avoided, especially if you are short on time, by hiring a company to do this. Although it is a straightforward process, it can become tedious and time-consuming, which is why working with a professional company that sets up LLCs in South Carolina might be the best option for you.