Starting a Business in SC

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No Running Around No Run Around Norman W. Davis, Jr. IRS: FEIN & Withholding Starting a Business in SC SoS: Corporation Filing LLR: OSHA What licenses/permits/registrations do I need to open a business? DHEC: Air, water, solid waste; health, daycare, controlled substance DOR: Employer ID City: License, Zoning LLR: Licensing & Registration ESC: Unemployment Insurance County: License, Zoning Do I have to go to all the different agencies to start a new business? DMV: Car Dealers DNR: Boat Dealers Agriculture Consumer Affairs Is there a better way? Commission of Higher Ed Department of Insurance Workers Compensation State Law Enforcement DOR: Business License Sales Tax, Registration for ABL, Bingo, or Special Taxes 1

Good-bye to Multiple Trips, Forms, and Payments There is a better way! Use SCBOS - South Carolina Business One Stop SCBOS Enterprise Registration System A one-stop gateway for business and professional registration & licensing, incorporating services offered by the federal, state, and local governments within South Carolina 2

SCBOS Partners Executive Steering Committee Mark Hammond, S. C. Secretary of State Burnet Maybank,, Director, S. C. Department of Revenue C. Earl Hunter, Commissioner of S. C. Department of Health and Environmental Control Roosevelt T. Halley, Executive Director, S. C. Employment Security Commission Adrienne Riggins Youmans,, Director, S. C. Department of Labor, License, and Regulation Frank Fusco, Executive Director, S. C. Budget and Control Board Robert Faith, Secretary of Commerce, S. C. Department of Commerce Howard Duvall, President, Municipal Association Of S. C. Kathy Williams, S. C. Association of Counties S. Hunter Howard, Jr., President & Chief Executive Officer, S. C. Chamber of Commerce Contributing Partners University of SC Small Business Development Center SC Treasurer s s Office SC Comptroller General s s Office SC Office of the Chief Information Officer SC Commission on Higher Education SC Department of Agriculture SC Department of Consumer Affairs SC Department of Insurance SC Department of Probation, Pardon & Parole Services SC School for the Deaf and Blind United States Internal Revenue Service United States Small Business Administration Richland County SC Small Business Chamber SCANA Corporation SC Association of Certified Public Accountants Several private businesses 3

Project Teams Main Website Marketing Training Featured Business Legislation System maintenance Enhancements to the System New Development Business One-Stop Budget Budget funds are provided by contribution from department of Revenue through its collection activity of a 20% penalty. H3768 signed by the Governor 6/7/05 4

SCBOS Project Schedule DORBOS Go-Live August, 2001 DORBOS Address Updates Nov, 2001 DORBOS Adds Employment Security Commision Sept, 2002 Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun 2001 2002 2003 Go-Live of SCBOS business links on State Portal (myscgov) Jan, 2001 SCBOS on State Portal expanded with Business Information Dec, 2001 DORBOS Development DORBOS Updates DORBOS ESC Development SCBOS Project Schedule Construction Project Start (Framework Only) July 7, 2004 1st Go-Live March 5, 2005 Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec 2003 2004 2005 Analysis Project Start Jan 1, 2003 Design Project Start Feb, 2004 Construction Project (Body of Work) Sept, 2004 2nd Go-Live May 24, 2005 Perform Analysis Input From Agencies Core & Agency Development 5

SCBOS Reusable Components Security Framework Dynamic Forms Dynamic Forms Translator Security Runtime Sys Admin Maint Wizard Controller Extractor Sys Admin Security Custom Controls Code Blocks Messaging Collector Security Services & Framework Workflow Maintenance Workflow Definition & Execution Application Messaging Messaging SCBOS Agency Functional Dependencies SCBOS Accounting Sys Admin E-Payment Summary File Agency Accounting Agency LPR System E-Payment Engine E-Payment Shop Cart Workflow Maintenance SCBOS CORE E-Payment Modules BizTalk Config & Orch Application Messaging Agency Agency Plug-In Messaging Collector Application Messaging WebServices 6

SCBOS Development Collaboration DOR DHEC ESC LLR Core Activities Sec Of State Agency/Agency Interface Activities Infrastructure Environments 7

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One Stop Shop Submission of LPR application from the comfort of your business or home No more running from one State Agency to another to submit applications 9

South Carolina Business One Stop Web-based program Registers a new business and obtains the appropriate licenses Walks the Business Consumer through the use of wizards Asks relevant questions and collects data Facilitates payment Communicates with the various State Agencies and Makes available to you receipts and copies of LPRs (Licenses, Permits, Registrations) Access SCBOS at: www.scbos.com Easy to Use Question and answer Wizards walk you through the process of completing the various LPR applications. Wizards can be paused for extended periods of time to allow you to get the answers to questions being asked by SCBOS. Are you a domestic or foreign company? Wait, I ll have to get the answer to that question and get back to you. Do you have employees in your business? Will you be making sales? 10

Assures Compliance with State Law/ Security Measures Assists attorneys, accountants, and individual entrepreneurs in opening a new business or opening another location of an existing business in compliance with State laws Appropriate security measures have been built into SCBOS to assure privacy and data integrity Security Provides Electronic Payment Options Allows electronic payments by either Credit Card or Electronic Funds Withdrawal (debit) payments by using the shopping cart method as seen in many web-based sites. 11

The Department of Revenue maintains and process payments for SCBOS A central accounting and processing system was developed and implemented using accounting principals and standards. Standards were established with the Office of the State Treasurer and Comptroller General. The LPR fees colleted are credited to the proper Earmarked Fund or to the General Fund. Accounting reports are made to participating agencies and to the Office of the State Treasurer. Credit Card and processing fee s are negotiated by the State Treasurer. Users are not charged an add on credit card or processing fee. The associated merchant fees EFW are paid from the Revenue stream 12

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What can you do? Secretary of State Reserve or Register an entity name Certificate of Limited Partnership Articles of Incorporation Corporation, Statutory Close Corporation, Professional Corporation, Non-Profit Corporation Certificate of Authority - Non-Profit Corporation, Limited Liability Partnership, Corporation, Limited Liability Company Articles of Organization - Limited Liability Company Limited Liability Partnership Registration Foreign Limited Partnership Registration Assumed Name Certificate of Limited Partnership Department of Revenue Sales Tax (Retail License) Accommodations (Retail License) Aviation Fuel Tax Business Personal Property Corporate Tax Account Solid Waste Tax Use Tax Employee Withholding Employment Security Commission Unemployment Insurance Tax SCBOS Project Milestones Start Date 24-May $10,000 in Total Payments (6/6) 40 New Businesses in a Day (6/6) 100 Licenses In a Day (6/6) 40% Participation of US States (6/6) 80% Participation of SC Counties (6/6) 99 New Users in a Day (6/20) 90% Participation of SC Counties (6/20) 50% Participation of US States (6/21) 500 Checkouts to Date (6/21) 1,000 Licenses Approved (6/22) 300 Businesses Approved (6/22) Best Weekend; $770 in Payments May 24 May 31 Jun 06 Jun 13 Jun 20 Jun 27 Jul 04 Jul 11 2005 2,000 Licenses Applied For (7/6) $40,000 in Total Payments (7/8) Project Go-Live $50,000 in Total Payments (7/18) 2,000 Licenses Approved (7/19) 600 Businesses Approved 89 New Users in a Day (5/31) 100 Businesses Started (6/2) 100 Businesses Approved (6/3) 1,000 Licenses Applied For (6/13) 200 Businesses Approved (6/14) 1,000 SCBOS Users (6/14) $20,000 in Total Payments (6/16) $30,000 in Total Payments (6/27) 500 Businesses Started (6/28) 400 Businesses Approved (6/30) 500 Businesses Approved (7/11) Jul 18 Jul 25 Aug 01 Aug 08 Aug 15 Aug 22 Aug 29 Sep 04 60% Participation of US States (7/26) 3,000 SCBOS Users (7/27) 3,000 Licenses Applied For (7/27) 700 Businesses Approved (7/27) $60,000 in Total Payments (7/28) 14

Approved by Entity Type 4% 3% 7% 28% 58% Sole Proprietorship All LLCs Partnership Other Corporation Total Approved LPRs by Agency 514, 26% 248, 12% 1239, 62% Department of Revenue Secretary of State Employment Security Commission Total Payments by Agency of Approved LPRs $11,020, 27% $0 Secretary of State Department of Revenue $30,425, 73% Employment Security Commission 15

20% 3% 3% 1% DOR Approved Licenses (no BPP) 39% Withholding Tax Registration Retail Sales Tax Registration Corporate Tax Registration Accommodations Tax Use Tax Registration 34% Artist & Craftsman Sales Tax License DOR Licenses Received SCBOS 8% Manual/System 91% DORBOS 1% SCBOS DORBOS Manual/System 16

SOS Approved Licenses (No Reserve/Register) Articles of Organization Limited Liability Company Domestic Initial Annual Report of Corporations 11% 11% 54% 11% 5% 4% 4% 1% 1% 2% 0% Foreign Initial Annual Report of Corporations Certificate of Authority - Corporation Certificate of Authority - Limited Liability Comp Articles of Incorporation - Non-Profit Corporation Articles of Incorporation - Corporation Certificate of Limited Partnership 17

Total Development Cost $3.6 Million Analysis and Design Cost $ 1.5 Million Construction Cost $ 2.1Million 18

Current Activity: ( August 4, 2005) 3,380 SCBOS Users 3,465 LPR s Applied For 775 Businesses Approved $67,370 LPR Payments Cost Business Cost/ Savings 10,000 new businesses per year in South Carolina = $7 million *From a study conducted by the Information Resources Council in 1998 Savings May 24, 2005 through August 4, 2005 new business savings through SCBOS = approximately 8.7 man years (8 * 2080hrs) = $267,375 Estimated per year savings: 43 man years = $1.33 Million a year. *Based on 50% savings of the 47 hours to start a business 19

Business Benefits Single point of entry Single payment Guides you through the maze Reduce cost and time to establish and maintain a business Available 24 by 7 Less frustration Piece of mind Long term view all activities related to the business Agency Benefits Reduced operational expense Postage, Printing, Handling Data entry Reduced application review Consistency of data across agencies Increased collections Immediate receipt of funds Improve customer service 20

What s Next SCBOS Program Timelines Q1 (July 2005) FY 2006 Q2 (Oct 2005) Q3 (Jan 2006) Q4 (April 2006) Q1 (July 2006) FY 2007 Q2 DHEC DOR ABL-901 Existing Business Renewals Updates Enhancements & Maintenance + New Agencies & Licenses/Registrations/Permits New Participants & Licenses/Registrations/Permits + Local Option Includes small projects like IRS FEIN application, usability improvements, and adding licenses, permits, registrations for agencies and muncipalities Additional Renewals Enhancements & Maintenance SOUTH CAROLINA BUSINESS ONE STOP No Running Around No Run Around Thank You Norman W. Davis, Jr. davisn@sctax.org (803) 898-5036 Questions???????? 21