South Carolina DBA Business Name

State

Home | DBA Overview | DBA - U.S. States | DBA For All South Carolina Counties | South Carolina DBA Business Name

South Carolina State of South Carolina <div class="fa-3x"> </div> <h4>Tax and Business Climate in South Carolina</h4>South Carolina generally has a favorable tax and business climate for small businesses. Here are some key aspects to consider: <ol> <li>Personal Income Tax: South Carolina has a progressive income tax system with six tax brackets ranging from 0% to 7%. The state's top individual income tax rate of 7% applies to taxable income over $15,400 (for single filers) or $30,800 (for married couples filing jointly) in 2021. The state also allows deductions for federal income taxes paid.</li> <li>Business Income Tax: South Carolina imposes a flat corporate income tax rate of 5% on corporate net income. Limited Liability Companies (LLCs) and S Corporations are generally not subject to corporate income tax at the state level, but their owners may be liable for personal income tax on their share of business income.</li> <li>Sales Tax: The state sales tax rate in South Carolina is 6%. However, local jurisdictions can add additional sales taxes, so the combined sales tax rate may vary. The maximum local sales tax rate is 3%, resulting in a total maximum sales tax rate of 9%.</li> <li>Property Tax: Property tax rates in South Carolina vary by county and municipality. The state offers certain property tax exemptions for businesses, such as the "Fee-in-Lieu of Property Taxes" program for qualifying manufacturers.</li></ol> <h4>Business Licensing and Regulations</h4>South Carolina does have certain business licensing requirements, but they are not considered overly strict compared to some other states. The specific licenses and permits you need will depend on your type of business and its location. Refer to the list of licenses and permits provided earlier for a general overview. It's important to note that South Carolina has made efforts to streamline business regulations and promote a business-friendly environment. The state has implemented initiatives to simplify permitting processes and reduce regulatory burdens on businesses. <h4>State Highlights and Known Industries</h4>South Carolina is known for several industries and attributes that make it an attractive place to start a small business. Some notable highlights include: <ol> <li>Manufacturing: South Carolina has a robust manufacturing sector, with significant presence from automotive, aerospace, pharmaceuticals, and chemical industries. The state is home to major manufacturing facilities for companies like BMW, Boeing, Michelin, and Bosch.</li> <li>Tourism: With its beautiful coastline, historical sites, and charming cities, South Carolina attracts a considerable number of tourists each year. The tourism industry, including hospitality and recreation, provides opportunities for small businesses in areas such as hotels, restaurants, and entertainment.</li> <li>Agriculture: South Carolina has a diverse agricultural sector, including crops like peaches, cotton, tobacco, and poultry farming. The state's agricultural heritage and fertile lands create opportunities for agribusiness and related industries.</li> <li>Research and Innovation: South Carolina is home to several universities and research institutions, fostering a climate of innovation and technological advancement. This environment can be beneficial for businesses in fields such as biotechnology, healthcare, and advanced manufacturing.</li></ol>These are just a few highlights of what South Carolina offers for small businesses. Conducting thorough market research and considering factors specific to your business idea will help determine if starting a small business in South Carolina aligns with your goals and objectives. South Carolina Business Licenses State Business License: All businesses operating in South Carolina may need to obtain a state business license. Business License: Depending on the location of your business, you may need to obtain a business license. Professional Licenses: Various professional services, such as attorneys, accountants, architects, engineers, real estate agents, contractors, and many others, require specific professional licenses. Contact the relevant state licensing boards or departments for detailed information. Tradesman Licenses: Certain trades, such as electricians, plumbers, HVAC technicians, and others, may require specific licenses. Contact the South Carolina Department of Labor, Licensing, and Regulation for more information. Food Service Establishment Permit: If you plan to operate a restaurant, food truck, or any food-related business, you will need to obtain a Food Service Establishment Permit from the South Carolina Department of Health and Environmental Control (DHEC). Alcohol and Liquor Licenses: If you intend to sell alcohol, whether in a bar, restaurant, or retail store, you will need to obtain appropriate licenses from the South Carolina Department of Revenue's Alcohol Beverage Control (ABC) division. Auto Repair and Sales Licenses: Auto repair shops and car dealerships may require licenses and permits from the South Carolina Department of Motor Vehicles (DMV) and the South Carolina Department of Consumer Affairs. Pet and Animal-Related Licenses: If you plan to operate a pet grooming salon, pet daycare, or any business involving animals, you may need to contact the South Carolina Department of Agriculture or local animal control offices for specific permits or licenses. Environmental Permits: Certain manufacturing or production-related businesses may require environmental permits or compliance with regulations enforced by the South Carolina Department of Health and Environmental Control (DHEC). In addition, you may need other licenses and permits depending on the industry, profession, or activity of your business. Some of the common licenses and permits are: Building & Zoning Permits: These are required for any construction, renovation, or alteration of a building or property. You can obtain these permits from your local building department or zoning office. Employer Identification Number (EIN): This is required for any business that has employees or pays federal taxes. Retail License (Seller's Permit): This is required for any business that sells tangible goods or services that are subject to sales tax.  Resale Certificate: This comes free with our Seller's Permit Obtainment Service: This is required for any business that purchases goods for resale without paying sales tax. Professional License: This is required for any business that provides professional services such as accounting, architecture, engineering, health care, law, etc. You can obtain this license from the South Carolina Department of Labor, Licensing, and Regulation (LLR) or other licensing agencies depending on the profession. Assumed Name Registration: This is required for any business that operates under a name other than its legal name.  Some specific examples of licenses and permits for different types of businesses are: Food: If you sell food or beverages, you may need a food service license from the LLR or a mobile food vending permit from the health department. Auto Repair and Sales: If you repair or sell motor vehicles, you may need a motor vehicle repair license or a motor vehicle dealer license from the LLR. Pet, Animals, Manufacturing, Production: If you deal with animals or animal products, you may need a license from the South Carolina Department of Agriculture. If you manufacture or produce certain products such as drugs, cosmetics, medical devices, etc., you may need a license from the South Carolina Department of Health and Environmental Control (DHEC). Liquor Businesses and Bars: If you sell alcoholic beverages, you may need a liquor license. Mount Pleasant

South Carolina DBA BUSINESS NAME

If you are the shareholder / owner of a corporation, LLC, or other state registered limited entity, the legal name is the name on the face of the filed articles / certificate. Other than corporate state created entities, the legal name of the owner is the personal name of the business owner or owners. Starting business operations in () and even opening a bank account under any name other than your legal name requires a DBA filing.

GET YOUR SC DBA BUSINESS NAME CERTIFICATE

Get Your South Carolina DBA, Doing Business as, Fictitious Business Name Statement, Certificate of Assumed Business Name, Fictitious Firm Name, Doing Business As, DBA business certificate.

SC DBA stands for "doing business as." Depending on the state, governments may also use the terms fictitious business name, trade name or assumed name. You are required to register Augusta DBA if your business operates under a name other than its legal name.

Click Here to Order Your South Carolina DBA Certificate !!

GETTING A SC DBA VS. INCORPORATING OR FORMING AN LLC

WHAT IS A <div class="fa-3x"> </div> <h4>Tax and Business Climate in South Carolina</h4>South Carolina generally has a favorable tax and business climate for small businesses. Here are some key aspects to consider: <ol> <li>Personal Income Tax: South Carolina has a progressive income tax system with six tax brackets ranging from 0% to 7%. The state's top individual income tax rate of 7% applies to taxable income over $15,400 (for single filers) or $30,800 (for married couples filing jointly) in 2021. The state also allows deductions for federal income taxes paid.</li> <li>Business Income Tax: South Carolina imposes a flat corporate income tax rate of 5% on corporate net income. Limited Liability Companies (LLCs) and S Corporations are generally not subject to corporate income tax at the state level, but their owners may be liable for personal income tax on their share of business income.</li> <li>Sales Tax: The state sales tax rate in South Carolina is 6%. However, local jurisdictions can add additional sales taxes, so the combined sales tax rate may vary. The maximum local sales tax rate is 3%, resulting in a total maximum sales tax rate of 9%.</li> <li>Property Tax: Property tax rates in South Carolina vary by county and municipality. The state offers certain property tax exemptions for businesses, such as the "Fee-in-Lieu of Property Taxes" program for qualifying manufacturers.</li></ol> <h4>Business Licensing and Regulations</h4>South Carolina does have certain business licensing requirements, but they are not considered overly strict compared to some other states. The specific licenses and permits you need will depend on your type of business and its location. Refer to the list of licenses and permits provided earlier for a general overview. It's important to note that South Carolina has made efforts to streamline business regulations and promote a business-friendly environment. The state has implemented initiatives to simplify permitting processes and reduce regulatory burdens on businesses. <h4>State Highlights and Known Industries</h4>South Carolina is known for several industries and attributes that make it an attractive place to start a small business. Some notable highlights include: <ol> <li>Manufacturing: South Carolina has a robust manufacturing sector, with significant presence from automotive, aerospace, pharmaceuticals, and chemical industries. The state is home to major manufacturing facilities for companies like BMW, Boeing, Michelin, and Bosch.</li> <li>Tourism: With its beautiful coastline, historical sites, and charming cities, South Carolina attracts a considerable number of tourists each year. The tourism industry, including hospitality and recreation, provides opportunities for small businesses in areas such as hotels, restaurants, and entertainment.</li> <li>Agriculture: South Carolina has a diverse agricultural sector, including crops like peaches, cotton, tobacco, and poultry farming. The state's agricultural heritage and fertile lands create opportunities for agribusiness and related industries.</li> <li>Research and Innovation: South Carolina is home to several universities and research institutions, fostering a climate of innovation and technological advancement. This environment can be beneficial for businesses in fields such as biotechnology, healthcare, and advanced manufacturing.</li></ol>These are just a few highlights of what South Carolina offers for small businesses. Conducting thorough market research and considering factors specific to your business idea will help determine if starting a small business in South Carolina aligns with your goals and objectives. South Carolina Business Licenses State Business License: All businesses operating in South Carolina may need to obtain a state business license. Business License: Depending on the location of your business, you may need to obtain a business license. Professional Licenses: Various professional services, such as attorneys, accountants, architects, engineers, real estate agents, contractors, and many others, require specific professional licenses. Contact the relevant state licensing boards or departments for detailed information. Tradesman Licenses: Certain trades, such as electricians, plumbers, HVAC technicians, and others, may require specific licenses. Contact the South Carolina Department of Labor, Licensing, and Regulation for more information. Food Service Establishment Permit: If you plan to operate a restaurant, food truck, or any food-related business, you will need to obtain a Food Service Establishment Permit from the South Carolina Department of Health and Environmental Control (DHEC). Alcohol and Liquor Licenses: If you intend to sell alcohol, whether in a bar, restaurant, or retail store, you will need to obtain appropriate licenses from the South Carolina Department of Revenue's Alcohol Beverage Control (ABC) division. Auto Repair and Sales Licenses: Auto repair shops and car dealerships may require licenses and permits from the South Carolina Department of Motor Vehicles (DMV) and the South Carolina Department of Consumer Affairs. Pet and Animal-Related Licenses: If you plan to operate a pet grooming salon, pet daycare, or any business involving animals, you may need to contact the South Carolina Department of Agriculture or local animal control offices for specific permits or licenses. Environmental Permits: Certain manufacturing or production-related businesses may require environmental permits or compliance with regulations enforced by the South Carolina Department of Health and Environmental Control (DHEC). In addition, you may need other licenses and permits depending on the industry, profession, or activity of your business. Some of the common licenses and permits are: Building & Zoning Permits: These are required for any construction, renovation, or alteration of a building or property. You can obtain these permits from your local building department or zoning office. Employer Identification Number (EIN): This is required for any business that has employees or pays federal taxes. Retail License (Seller's Permit): This is required for any business that sells tangible goods or services that are subject to sales tax.  Resale Certificate: This comes free with our Seller's Permit Obtainment Service: This is required for any business that purchases goods for resale without paying sales tax. Professional License: This is required for any business that provides professional services such as accounting, architecture, engineering, health care, law, etc. You can obtain this license from the South Carolina Department of Labor, Licensing, and Regulation (LLR) or other licensing agencies depending on the profession. Assumed Name Registration: This is required for any business that operates under a name other than its legal name.  Some specific examples of licenses and permits for different types of businesses are: Food: If you sell food or beverages, you may need a food service license from the LLR or a mobile food vending permit from the health department. Auto Repair and Sales: If you repair or sell motor vehicles, you may need a motor vehicle repair license or a motor vehicle dealer license from the LLR. Pet, Animals, Manufacturing, Production: If you deal with animals or animal products, you may need a license from the South Carolina Department of Agriculture. If you manufacture or produce certain products such as drugs, cosmetics, medical devices, etc., you may need a license from the South Carolina Department of Health and Environmental Control (DHEC). Liquor Businesses and Bars: If you sell alcoholic beverages, you may need a liquor license. DBA

A dba "Doing Business As" is just a business name certificate you are legally required to file - i.e, you need to register your SC business name and obtain a business name certificate, also called a DBA. A DBA helps you open a bank account and be legal but it does not protect your personal assets because the business entity is still a sole owner or partnership. A sole owner and all partners are liable for all civil or financial liability that the business incurs.

WHAT IS A South Carolina CORPORATION OR LLC

A corporation or LLC is a separate and distinct state created legal business entity - separate from its shareholders / owners. Thus, a shareholder's / owner's assets, such as a home, personal bank account, or automobile, are not at stake if the corporation or LLC is sued and a court judgment is entered against it for civil or financial liability.

Only the corporate or LLC assets are at stake. If the corporation has one computer and $1,000 in a corporate bank account, that is all that can be seized. If you register a dba and you are sued, you are liable for all business liability and creditors can go after your personal assets. Here is an example:

Business Licenses You Need to Legally Start Your Business

In a Nutshell -- Here's what you need to start:
All businesses must obtain:

1. A
DBA

Articles

On Friday, November 19, 2021 2:04:00 PM there was a question about Business Get DBA Filling Garland Tx . The Services business category and Yoga teacher type, has employees and located in Garland Dallas County , TX 75040

and the business owner wants business credibility in the market as. deas XYZtch , Inc.Co

Whatever name a company chooses to do business as, it requires a fictitious business name registration, which also requires a fee to be registered. Registering a fictitious business name does not protect that name nor does it protect the business owner from personal liability related to business actions as setting up a corporation does. It is perhaps a better choice to just incorporate for the same or a little higher fee because you will also have corporate protection for the business name and personal vs business liabilities.

Registering a trade name allows you to create stationary and open a business bank account but you are not protected from liability. E.g. if your business has debts the lender can sue you personally to obtain a judgment vs your personal assets as opposed in the case you were a corporation where the lender could only sue the corporation directly and if the corporation had no assets the lender could get nothing.

SC business License and an
SC Assumed Business Name DBA.

2. All retailers and wholesalers of taxable items must obtain a Sales State Tax ID Number, also called a SC resellers, resale or wholesale number ID.

3. All employers, must get a South Carolina federal tax employer number and a
South Carolina state employer number ID.

4. Optionally, to protect your personal assets, such as your home or automobile, from business related lawsuits or creditors, by SC forming an LLC
If you want to protect your personal assets, you might consider incorporating in
SC , or better yet form a
South Carolina LLC .

South Carolina Form LLC or
South Carolina Incorporating .

Spartanburg Columbia Greenville SC Columbia South Carolina SC