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Video instructions and help with filling out and completing Form SC WH-1605

Instructions and Help about Form SC WH-1605

You're about to learn how to form a for-profit corporation in South Carolina after downloading the business formation packages and listening to this instructional video you'll be just a few simple steps away from completing this important task links to the documents I'll refer to are listed below this video begin now by downloading and printing the business formation packages in them you'll find everything you need to form your new company package one contains process overview checklist and corporation worksheet package two contains South Carolina's instruction sheet name reservation Articles of Incorporation initial annual report of corporations and letter of transmittal package three contains IRS forms SS four and 2553 your next task is to review the procedural guides where you learn about forming and maintaining a corporation in general review the state instruction sheet where you'll learn about forming and maintaining a corporation in South Carolina you're now ready to complete the corporation worksheet here you'll compile all the information you need to form your new company complete various post formation tasks and remain in compliance with the state completing this worksheet now will save you considerable time in the long run three areas of the worksheet deserves special consideration they are naming your company selecting a registered agent and determining the quantity and class of authorized shares let's start with naming your company select two or three names that you like and verify that a name you want is available by conducting an entity name search on the South Carolina Secretary of State website the entity search link is included on the South Carolina's instruction sheet your company name must end with a corporate designator or its abbreviation if your name is available you can reserve it for 120 days after paying a $10 fee reserving your name is optional if you intend to have a website and want your URL or domain name to be the same as or similar to your company name you'll need to verify that your company name is available as a domain name by using a service such as GoDaddy or FatCow you must also make sure that your company name does not conflict with any trademark service mark or copyright by visiting u.s. PTO gov and copyright gov next you must select a registered agent for service of process the registered agent does not need to be a shareholder director officer or employee of the company the registered agent may be either a South Carolina resident or active South Carolina's business entity that has a South Carolina street address and consents to accept legal papers on the company's behalf your company should not act as its own registered agent you can however personally serve as a registered agent for your company provided that you reside in South Carolina and have a South Carolina street address finally determine the quantity of authorized shares South Carolina does not base their filing fee on the quantity you specify in the ...

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