United States

South Carolina - Corporation Legal Requirement

Your company can meet the legal requirement for B Corp Certification by electing benefit corporation status, which is the best way to ensure that the values of your company are maintained over time. Benefit corporation status is an opt-in legal status administered by the Secretary of State. Existing companies can elect to become corporations by amending their governing documents. In some states, this amendment requires a 2/3 supermajority vote of all shareholders. The procedure for filing amendments with the state is identical to that followed for any other corporate structures with the addition of a statement that the company is a benefit company.

How to Become a South Carolina Benefit Corporation


B Labs Logo - Home Link

Sign up to our Insights newsletter, a monthly digest of the latest news on economic systems change from B Lab Global.

We take the security of your data seriously, read our privacy policy for further information. For newsletter communications relating to your local region, please visit Global Partner sites to subscribe.

Copyright © 2024 B Lab. All rights reserved.