New residents have 30 days to apply for new tags. Proof of liability insurance, title, registration card and proof of property tax payment are required. New residents have 90 days to apply for a license after moving to South Carolina. To obtain a license for the first time, a birth certificate and Social Security Card must be presented. Corporate income tax rate is 5 percent.
Companies pay income tax based on South Carolina income.
No local income tax, only the state has the authority to tax income. Electricity and fuels used in manufacturing are exempt. Air, water and noise pollution control equipment are exempt.