Are there any industry-specific regulations for e-commerce businesses?

Yes, there are industry-specific regulations for e-commerce businesses in South Carolina. All business entities are required to register with the Secretary of State before offering products or services for sale. This includes online businesses, brick-and-mortar stores, distributors and wholesalers. In addition, e-commerce businesses must follow all applicable state and federal laws related to consumer protection, privacy and security, taxes and finance, advertising, and intellectual property. Online businesses selling products or services to South Carolina residents must also collect and pay the state’s sales and use tax. All businesses must also adhere to South Carolina’s Anti-Money Laundering and Anti-Terrorist Financing laws. Businesses must also protect customer data from unauthorized use, disclose the use of customer data, and provide customers with the ability to opt out of marketing campaigns. E-commerce businesses are required to display all terms and conditions of sale on their websites, as well as product pricing and shipping information. Businesses must also ensure that any consumer information they collect is secure and not shared with third parties. Finally, businesses must comply with South Carolina’s Advertising Laws, which require advertisements to be clear, accurate, and not misleading.

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