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How to Shut Down a Business in South Carolina

Complete guide to dissolving your business entity with the South Carolina Secretary of State.

Quick Answer

To dissolve a business in South Carolina, file Articles of Termination with the South Carolina Secretary of State. The LLC filing fee is $10 and corporation fee is $10. South Carolina does not require tax clearance before filing. Standard processing takes 2-5 business days.

Quick Facts

Filing Agency South Carolina Secretary of State
Website https://sos.sc.gov/
LLC Dissolution Fee $10
Corporation Dissolution Fee $10
Tax Clearance Required No
Processing Time 2-5 business days
Online Filing Yes
Phone (803) 734-2158

LLC Dissolution in South Carolina

Form
Articles of Termination
Fee
$10
Online
Yes
Processing
2-5 business days
Download Form →

Steps to Dissolve an LLC

  1. 1 Vote to dissolve according to your operating agreement or by majority vote of members
  2. 2 Wind up business affairs, settle debts, and distribute remaining assets
  3. 3 Notify all known creditors in writing
  4. 4 File final tax returns with the SC Department of Revenue
  5. 5 File Articles of Termination (Form F0108) with the Secretary of State ($10 fee)
  6. 6 Cancel any business licenses, permits, and trade names

Corporation Dissolution in South Carolina

Form
Articles of Dissolution
Fee
$10
Online
Yes
Processing
2-5 business days
Download Form →

Steps to Dissolve a Corporation

  1. 1 Board of directors adopts a resolution recommending dissolution
  2. 2 Shareholders approve dissolution by majority vote per SC Code 33-14-102
  3. 3 Notify all known creditors and claimants in writing
  4. 4 Wind up business affairs, settle debts, and distribute remaining assets
  5. 5 File final tax returns with the SC Department of Revenue
  6. 6 File Articles of Dissolution (Form F0049) with the Secretary of State ($10 fee)
  7. 7 Cancel all business licenses and permits

Tax Requirements

Tax Clearance Required
No
Final Return Required
Yes

Tax Agency: South Carolina Department of Revenue

https://dor.sc.gov/

Phone: (803) 898-5000

Tax clearance is not required for voluntary dissolution. However, you must file all final tax returns for income, sales, and withholding taxes. If administratively dissolved, a Tax Compliance Certificate (Form C-268, $60 fee) from the Department of Revenue is required for reinstatement. Use the SC Business One Stop (scbos.sc.gov) to close business tax registrations.

Additional Requirements

Publication Required: No
Creditor Notification: Must notify all known creditors and claimants in writing with a deadline of at least 120 days to submit claims per SC Code 33-14-106
Employee Notification: Must comply with federal WARN Act for layoffs of 100+ employees. Provide final paychecks within 48 hours of termination.
Board/Member Approval: LLCs require member vote per operating agreement per SC Code 33-44-801. Corporations require board resolution and shareholder majority approval per SC Code 33-14-102.
Winding Up Period: Entity continues to exist for purposes of winding up after dissolution is filed per SC Code 33-14-105
Registered Agent: Registered agent must be maintained until dissolution is complete and all affairs are wound up

Contact Information

Agency: South Carolina Secretary of State

Address: 1205 Pendleton Street, Suite 525, Columbia, SC 29201

Phone: (803) 734-2158

Website: https://sos.sc.gov/

Online Portal: https://businessfilings.sc.gov/

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This guide is for informational purposes only and does not constitute legal advice. Information is sourced from official state websites and was last verified in 2026. Always confirm current requirements directly with the South Carolina Secretary of State. Consult an attorney for advice specific to your situation.