The first step towards the dissolution of South Carolina LLC is to follow the operating agreement. If you have an LLC in SC (domestic or foreign) you must have an operating agreement. Before submitting the Article of Dissolution, one must follow the operating agreement. To dissolve an LLC in South Carolina, you are required to submit a complete Article of Dissolution to the Secretary of State. In South Carolina, if you and the members of the LLC want to discontinue business, then it is necessary to dissolve their business legally to avoid any administrative and legal consequences. Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Airbnb.To dissolve a limited liability company one has to take up a set of required steps. UpCounsel accepts only the top 5 percent of lawyers to its site. If you need help choosing a business name or forming your SC LLC, you can post your legal need on UpCounsel’s marketplace. You can reserve your business name for up to 120 days by filing an application with the South Carolina Secretary of State. Other terms that can’t be used include Architect, Lawyer, Doctor, or any other professional term if you are not actually licensed in this area. Other terms are prohibited in any business name, including terms like Bank, University, Education, Treasury, FBI, etc. Punctuation such as commas and periods i.e., Apple Farms vs.Or, And, or & i.e., Apple & Orange Farms vs.Some examples of names that aren’t distinguishable from other names already being used include: Your name must be distinguishable from any other name. as this gives an impression that you are operating as a corporation. Additionally, you cannot use terms like Corp or Inc. The LLC business designator must be included in your name, i.e., LLC, L.L.C., Limited Liability Co., etc. While you want to choose a name that fits your business, is memorable, easy to spell, and easy to remember, there are some other guidelines and requirements when choosing your name. Naming Requirementsīefore conducting your business name search, you should keep in mind the requirements for naming your South Carolina LLC. If that does happen, you’ll simply need to change your business name. If you do submit your Articles of Organization with your name choice, you might be rejected if you don’t have a proper name choice. If you are not sure as to whether or not a name is being used or whether or not your business name choice is distinguishable, you can call the SC Secretary of State for prior approval. "This Name is Currently Being Used:" This means your name is not available for use.While you can use the name, you might want to think twice about choosing that name to avoid any issues of potential customers mixing up your business with the other similarly named business "This Name is Available" along with some results: This means you can use the name, but you should look through the results list, as your name choice might be similar to another name being used."This Name is Available" along with no results: This means the name is available for use.You might see some of the following results: For example, if you want to name your company Apple & Orange Orchid Farm LLC, you should conduct searches on names as “Apple & Orange Orchid Farm,” “Apple and Orange Orchid Farm,” “Apple & Orange Orchid,” “Apple & Orange,” “Apple and Orange Orchid,” and “Apple and Orange.” Capitalization can be left in as this will not affect the results.Įven if you find no results, you should run several different searches for similar names to see if any results are found. You should also leave out any punctuation, such as commas, hyphens, periods, etc. Be sure to leave out the LLC designator of your name when searching. You’ll want to enter your name choice and click search. You can visit the Business Search Name website to conduct your search. Such requirements are governed by Section 33-44-105 of the Uniform LLC Act. The name itself must be unique and follow several other rules and guidelines. You cannot use a name that is already in use in the state of South Carolina. The first step in forming your SC LLC is to conduct a name search. But before forming your South Carolina LLC, you will need to conduct a name search to ensure that the name you want to use for your business is available. Another advantage is the fact that there are fewer formalities and paperwork required when forming your LLC. Some of these key advantages include limited liability protection against the LLC’s debts. An LLC, also referred to as a limited liability company, has many advantages. An SC LLC lookup is necessary if you want to form a South Carolina LLC.
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