Form Cl 1 – Fill Out and Use This PDF

The CL-1 form is an essential document for corporations in South Carolina, serving as the initial annual report required by the State of South Carolina Department of Revenue. It details the corporation's basic information, such as the date of incorporation, nature of the principal business, and information about shares and capital stock, among other necessary details. Every new domestic corporation or foreign corporation seeking to do business in South Carolina must submit the CL-1 form along with a minimum license fee of $25 to remain compliant. Click the button below to fill out your CL-1 form and ensure your corporation is recognized and authorized to operate within South Carolina.

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Form Cl 1 PDF Details

Navigating the complexities of starting a business or expanding an existing one into new territories often involves dealing with a variety of legal documents and forms. One such form in the state of South Carolina is the CL-1, also known as the Initial Annual Report of Corporations. Specifically designed for domestic corporations filing their initial Articles of Incorporation or foreign corporations seeking authority to transact business within the state, this form serves multiple critical functions. From indicating the date of incorporation or business commencement in South Carolina to detailing the nature of the principal business, the CL-1 form collects essential data for the Department of Revenue. It also involves specifying operational specifics such as the number and classes of shares authorized, details about directors and principal officers, and the registered agent's information, ensuring compliance with state requirements. The affidavit section underlines the responsibility of the corporation's incorporator or officer to affirm the truthfulness and completeness of the information provided. Accompanying these details is a financial aspect, including a minimum license fee and potential penalties for delays, highlighting the importance of timely and accurate filing. Delving into the instructions reveals further granularity on requirements for interest, penalties, and special considerations for entities like Limited Liability Companies taxed as corporations. The document's role extends beyond a mere formality, embedding itself as a crucial step in the legal and financial establishment of a corporation in South Carolina.

Question	Answer
Form Name	Form Cl 1
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	PT-100 DEPARTMENT OF REVENUE (Rev. 4/19 ... - South Carolina

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ATTACH PAYMENT HERE

1350

	STATE OF SOUTH CAROLINA
	DEPARTMENT OF REVENUE					CL-1
dor.sc.gov	INITIAL ANNUAL					(Rev. (4/14/21)
dor.sc.gov	REPORT OF CORPORATIONS					(Rev. (4/14/21)
	REPORT OF CORPORATIONS				3134
Office use only
File number	Ending period			SID number
		Month	Year

Date Application for Charter was filed with the South Carolina Secretary of State (SCSOS)

Date of Request for authority to do business in this state (foreign corporations only)

FEIN						Business code (office use only)

	Check if Subchapter S election		Email
	Check if Subchapter S election		Email

Name of corporation						Phone

Physical address of headquarters					Mailing address for tax correspondence

City		State ZIP	County		City		State ZIP

1. State of incorporation:				2. Month corporation closes its books:

3.Nature of principal business in SC:

4.Location of registered office of the corporation in the state of SC is in the city of: Registered agent at this address:

5.Location of principal office in SC (street, city, ZIP, and county):

6. Date business commenced in SC:

Date of incorporation:

7.Professional corporations: Are all shareholders, half of the directors, and all officers (other than the secretary and treasurer) qualified to perform the type of professional services the corporation provides?

8.Names, SSNs or ITINs, and business addresses of the directors (or individuals functioning as directors) and principal officers in the corporation:

Name and title	SSN/ITIN (optional)	Business address

9. Total number of authorized shares of capital stock itemized by class and series, if any, within each class:

Number of Shares

Class

Series

10.Total number of issued and outstanding shares of capital stock itemized by class and series, if any, within each class:

	Number of Shares		Class		Series

1.	Fee due with this report . .			. . . . . . . . . . . . . . . . . . 1.	25	00
1.	Fee due with this report . .	. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .		. . . . . . . . . . . . . . . . . . 1.	25	00
2.	Interest	. . . . . . .	. . . . . . . . . . . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . 2.. .		00
3.	Penalty	. . . . . . .	. . . . . . . . . . . . . . . . . . . . . . .	. . . . . . . . . . . . . . . . . . 3.. .		00
4.	Total due	. . . . . . .	. . . . . . . . . . . . . . . . . . . . . . .	. .. . . . . . . . . . . . . . . . . . 4.		00

See instructions for payment and mailing.

AFFIDAVIT

I, the undersigned incorporator or principal officer of the corporation for which this return is made, declare that this return, including accompanying statements and schedules, has been examined by me and is to the best of my knowledge and belief a true and complete return made in good faith.

Preparer's printed name		Signature of incorporator or officer authorized to sign

Date		Title

31341027

INSTRUCTIONS

You must submit a CL-1 and a $25 minimum License Fee to the SCSOS if you are

•a domestic corporation filing your initial Articles of Incorporation, or

•a foreign corporation filing an Application for Certificate of Authority to Transact Business in South Carolina.

Make all payments payable to the SCSOS. The SCSOS cannot process a CL-1 that is not accompanied by Articles of Incorporation or an Application for Certificate of Authority to Transact Business.

If you have not already submitted a CL-1 and a $25 minimum License Fee to the SCSOS, are taxed as a corporation, and are not exempt under SC Code Section 12-20-110, you must submit the CL-1 and payment to the SCDOR within 60 days after commencing business in South Carolina or using a portion of your capital in this state.

•The minimum fee of $25 must be paid at the time the report is filed.

•Interest is due at the prevailing federal interest rate if this return is not filed within 60 days after commencing business in this state.

•If you file this return late, we will assess a delinquent penalty of 5% per month, not to exceed 25%.

•If you pay your License Fee late, we will assess a penalty of 0.5% per month, not to exceed 25%.

•If you don't have an FEIN, apply at irs.gov. You will receive your FEIN immediately after completing the online application.

Line Instructions

Line 2: If year end date has not been established, write not known in the space provided. The default year end date is December.

Line 4: The registered agent must be a resident of South Carolina.

Line 5: If a principal office does not exist at the time of filing, write not established in the space provided.

Line 6: If business has not started at the time of filing, provide the expected start date. Also include the effective date of incorporation with the SCSOS.

Line 8: If all of these positions have not been filled, provide names and positions known at the time of filing.

Line 10: If no shares have been issued at the time of filing, write N/A in the space provided.

Special instructions

If you are a Limited Liability Company (LLC), professional organization, or other association taxed as a corporation and not exempt under SC Code Section 12-20-110, you must submit a CL-1 and include a $25 payment.

The following definitions apply:

•Corporation: LLC or association

•State of incorporation: state of organization

•Shareholders: members

•Director or officer: manager or managing member

•Incorporator: person forming the LLC or association

Indicate if sections, such as number of shares of stock, do not apply to your organization. LLCs should only complete the CL-1 if they are taxed as a corporation.

To submit the CL-1 to the SCDOR, make check payable to SCDOR and mail to:

SCDOR

Registration

PO Box 125

Columbia, SC 29214-0850

Social Security Privacy Act Disclosure

It is mandatory that you provide your Social Security Number on this tax form if you are an individual taxpayer. 42 U.S.C. 405(c)(2)(C)(i) permits a state to use an individual's Social Security Number as means of identification in administration of any tax. SC Regulation 117-201 mandates that any person required to make a return to the SCDOR must provide identifying numbers, as prescribed, for securing proper identification. Your Social Security Number is used for identification purposes.

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2. Just after the prior section is completed, proceed to type in the applicable information in all these - Total number of authorized shares, Total number of issued and, Fee due with this report, I the undersigned incorporator or, AFFIDAVIT, Preparers printed name, Signature of incorporator or, Date, Title, and E R E H T N E M Y A P H C A T T A.

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