What documents do I need for a business formation?
Forming a business in South Carolina requires the filing of certain documents with the South Carolina Secretary of State. The exact documents required depend on the type of business you plan to form. Generally, all business formations require at least three documents: an Articles of Incorporation, an Application for Registration of a Trade Name, and a Fictitious Name Registration. The Articles of Incorporation are the official formation document for the business. This document includes key information about the business formation such as the name of the business, purpose of the business, the number of shares authorized, and the identities of the incorporators. The Application for Registration of a Trade Name is a record of the trade name you have chosen for your business. This document must be filled out and filed with the Secretary of State before the trade name can be used. The Fictitious Name Registration is a form that must be completed by any business that will use a name other than the official name of the business. This protects the public from fraud and deception. In addition to these three documents, you may also need to file other documents with the Secretary of State, depending on the type of business you are forming. For example, partnerships may need to file a Certificate of Partnership, and limited liability companies must file an Application of Registration of a Limited Liability Company. By following these guidelines and filing the necessary documents, you can form a business legally in South Carolina.
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