Form 0018 Annual Benefit Report Benefit Corporation - South Carolina

What Is Form 0018?

This is a legal form that was released by the South Carolina Secretary of State - a government authority operating within South Carolina. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 0018?
A: Form 0018 is the Annual Benefit Report for Benefit Corporations in South Carolina.

Q: Who is required to file Form 0018?
A: Benefit Corporations in South Carolina are required to file Form 0018.

Q: What is a Benefit Corporation?
A: A Benefit Corporation is a type of corporation that is committed to creating a positive impact on society and the environment, in addition to making profits.

Q: What information is included in Form 0018?
A: Form 0018 includes information about the activities and progress of the Benefit Corporation in achieving its public benefit purpose.

Q: When is Form 0018 due?
A: Form 0018 is due on the first day of the fourth month after the end of the Benefit Corporation's fiscal year.

Q: Are there any penalties for not filing Form 0018?
A: Yes, there may be penalties for failing to file Form 0018, including the possible revocation of the benefit corporation status.