South Carolina Department of Consumer Affairs

Requirements Checklist

Online

$30 + $50 license fee + $15 credit report fee + $36.25 background check fee

Online

$50

• Annually by December 31.
• Licenses issued in November or December remain valid through the next renewal period.

Requirements Checklist

Online

$30 + $100 license fee + $15 credit report fee + $36.25 background check fee

Online

$100

• Annually by December 31.
• Licenses issued in November or December remain valid through the next renewal period.

Form PEO-01: Full License - Initial Application

$200 application fee + $1,000 license fee if applying during the second half of the license period and $2,000 if applying during the first half of the license period

PEO group applicant fees: $300 application fee + $3,500 license fee if applying during the second half of the license period and $4,000 if applying during the first half of the license period

• Form PEO-07: Client Company List
• Form PEO-08: Health Insurance Affidavit of Insurance
• Form PEO-09: Worker's Comp Affidavit of Insurance
• Form PEO-10: Insurance Certification
• Form PEO-11: Insurance Schedule
• A copy of the relevant certificate issued by the South Carolina Secretary of State demonstrating the applicant’s authority to conduct business in South Carolina
• Copies of the most recent annual Audited Financial Statements for the 2 most recent accounting periods preceding the date of the application.
  • The most recent statement must be for the annual period ending no earlier than 180 days before the date of application attested to by an independent Certified Public Accountant.
  • If the most recent audited financial statement currently available is dated more than 180 days before the date of application, the applicant must certify to the Department that there have been no material adverse changes in the financial position of the company since the date of the last financial statements and shall provide a copy of the next financial statement as soon as it becomes available.
• A copy of the Client services agreement per SC Code § 40-68-60 and § 40-68-70
• A copy of the Employee letter per SC Code § 40-68-60 and § 40-68-70
• A copy of the Worksite notice per SC Code § 40-68-60
• A copy of your company’s current PEO license or registration from your state of residency.
• An organizational chart of the applicant. Include ANY parent companies, subsidiaries, affiliates, etc.
• If the applicant is a corporation, provide a copy of the company’s filed Articles of Incorporation. If other than a corporation, provide other
  appropriate documents to show when and by whom the business was organized.
• Controlling Persons list
  • A list the names of all persons or entities who directly or indirectly own, control, hold with the power to vote, or hold proxies representing ten percent (10%) or more of the voting securities.
  • A list the names and titles/positions of all officers, directors and any person who is a controlling person based on their position.
  • Submit Form PEO-03 for all each controlling person, if not previously submitted to the state.
• A list of list key management personnel in your company that will be required to meet the continuing professional education requirement.
  • If the licensee (PEO) is a sole proprietorship or partnership, key
    personnel means any controlling person.
  • If the licensee is a corporation, key personnel means any person who both directs or causes the direction of the management of a company operating in South Carolina and is directly responsible for the day-to-day management of the company's operations in South Carolina.
• Demonstration of tax compliance
  • IRS account transcript, obtained by filing IRS Form 4506-T
  • A Certificate of Tax Compliance from the South Carolina Department of Revenue dated within 60 days, obtained by filing SC DOR form C-268

Form PEO-02: Full License - Renewal Application

$1,500

By September 30 of odd-numbered years.

• Form PEO-05: Continuing Education Compliance Form
• Form PEO-07: Client Company List
• Form PEO-08: Health Insurance Affidavit of Insurance
• Form PEO-09: Worker's Comp Affidavit of Insurance
• Form PEO-11: Insurance Schedule
• A copy of the most recent annual Audited Financials
• Client services agreement per SC Code § 40-68-60 and § 40-68-70
• Employee letter per SC Code § 40-68-60 and § 40-68-70
• Worksite notice per SC Code § 40-68-60

Form PEO-13: Quarterly Report Form

$0

Within 75 days after the end of each quarter.

Quarterly financial reports that are submitted late without prior approval from the department will be assessed a late reporting fee of $150 for every 30 days or portion thereof they are late.

Form PEO-01: Full License - Initial Application

$300 application fee + $3,500 license fee if applying during the second half of the license period and $4,000 if applying during the first half of the license period

• Form PEO-07: Client Company List
• Form PEO-08: Health Insurance Affidavit of Insurance
• Form PEO-09: Worker's Comp Affidavit of Insurance
• Form PEO-10: Insurance Certification
• Form PEO-11: Insurance Schedule
• Form PEO-12: Cross Guarantee Form
• A copy of the relevant certificate issued by the South Carolina Secretary of State demonstrating the applicant’s authority to conduct business in South Carolina
• Copies of the most recent annual Audited Financial Statements for the 2 most recent accounting periods preceding the date of the application.
  • The most recent statement must be for the annual period ending no earlier than 180 days before the date of application attested to by an independent Certified Public Accountant.
  • If the most recent audited financial statement currently available is dated more than 180 days before the date of application, the applicant must certify to the Department that there have been no material adverse changes in the financial position of the company since the date of the last financial statements and shall provide a copy of the next financial statement as soon as it becomes available.
• A copy of the Client services agreement per SC Code § 40-68-60 and § 40-68-70
• A copy of the Employee letter per SC Code § 40-68-60 and § 40-68-70
• A copy of the Worksite notice per SC Code § 40-68-60
• A copy of your company’s current PEO license or registration from your state of residency.
• An organizational chart of the applicant. Include ANY parent companies, subsidiaries, affiliates, etc.
• If the applicant is a corporation, provide a copy of the company’s filed Articles of Incorporation. If other than a corporation, provide other
  appropriate documents to show when and by whom the business was organized.
• Controlling Persons list
  • A list the names of all persons or entities who directly or indirectly own, control, hold with the power to vote, or hold proxies representing ten percent (10%) or more of the voting securities.
  • A list the names and titles/positions of all officers, directors and any person who is a controlling person based on their position.
  • Submit Form PEO-03 for all each controlling person, if not previously submitted to the state.
• A list of list key management personnel in your company that will be required to meet the continuing professional education requirement.
  • If the licensee (PEO) is a sole proprietorship or partnership, key
    personnel means any controlling person.
  • If the licensee is a corporation, key personnel means any person who both directs or causes the direction of the management of a company operating in South Carolina and is directly responsible for the day-to-day management of the company's operations in South Carolina.
• Demonstration of tax compliance
  • IRS account transcript, obtained by filing IRS Form 4506-T
  • A Certificate of Tax Compliance from the South Carolina Department of Revenue dated within 60 days, obtained by filing SC DOR form C-268

Form PEO-02: Full License - Renewal Application

$3,000

By September 30 of odd-numbered years.

• Form PEO-05: Continuing Education Compliance Form
• Form PEO-07: Client Company List
• Form PEO-08: Health Insurance Affidavit of Insurance
• Form PEO-09: Worker's Comp Affidavit of Insurance
• Form PEO-11: Insurance Schedule
• A copy of the most recent annual Audited Financials
• Client services agreement per SC Code § 40-68-60 and § 40-68-70
• Employee letter per SC Code § 40-68-60 and § 40-68-70
• Worksite notice per SC Code § 40-68-60

Form PEO-13: Quarterly Report Form

$0

Within 75 days after the end of each quarter.

Quarterly financial reports that are submitted late without prior approval from the department will be assessed a late reporting fee of $150 for every 30 days or portion thereof they are late.

Form PEO-04A: Restricted License - Application (Initial)

$200 application fee + $1,000 license fee if applying during the second half of the license period and $2,000 if applying during the first half of the license period

PEO group applicant fees: $300 application fee + $3,500 license fee if applying during the second half of the license period and $4,000 if applying during the first half of the license period

• Form PEO-07: Client Company List
• Form PEO-08: Health Insurance Affidavit of Insurance
• Form PEO-09: Worker's Comp Affidavit of Insurance
• Form PEO-10: Insurance Certification
• Form PEO-11: Insurance Schedule
• Form PEO-12: Cross Guarantee Form (if the applicant company is a part of a group of PEO companies of no more than 5 companies which are under common control)
• Form PEO-16: Restricted License List of Leased Employees
• A copy of the relevant certificate issued by the South Carolina Secretary of State demonstrating the applicant’s authority to conduct business in South Carolina
• Copies of the most recent annual Audited Financial Statements for the 2 most recent accounting periods preceding the date of the application.
  • The most recent statement must be for the annual period ending no earlier than 180 days before the date of application attested to by an independent Certified Public Accountant.
  • If the most recent audited financial statement currently available is dated more than 180 days before the date of application, the applicant must certify to the Department that there have been no material adverse changes in the financial position of the company since the date of the last financial statements and shall provide a copy of the next financial statement as soon as it becomes available.
• A copy of the Client services agreement per SC Code § 40-68-60 and § 40-68-70
• A copy of the Employee letter per SC Code § 40-68-60 and § 40-68-70
• A copy of the Worksite notice per SC Code § 40-68-60
• A copy of your company’s current PEO license or registration from your state of residency.
• An organizational chart of the applicant. Include ANY parent companies, subsidiaries, affiliates, etc.
• Formation documentation
  • If the applicant is a corporation, provide a copy of the company’s filed Articles of Incorporation.
  • If other than a corporation, provide other appropriate documents to show when and by whom the business was organized.
• Controlling Persons list
  • A list the names of all persons or entities who directly or indirectly own, control, hold with the power to vote, or hold proxies representing ten percent (10%) or more of the voting securities.
  • A list the names and titles/positions of all officers, directors and any person who is a controlling person based on their position.
  • Submit Form PEO-03 for all each controlling person, if not previously submitted to the state.
  • A list of list key management personnel in your company that will be required to meet the continuing professional education requirement.
  • If the licensee (PEO) is a sole proprietorship or partnership, key
    personnel means any controlling person.
  • If the licensee is a corporation, key personnel means any person who both directs or causes the direction of the management of a company operating in South Carolina and is directly responsible for the day-to-day management of the company's operations in South Carolina.
• Demonstration of tax compliance
  • IRS account transcript, obtained by filing IRS Form 4506-T
  • A Certificate of Tax Compliance from the South Carolina Department of Revenue dated within 60 days, obtained by filing SC DOR form C-268

Form PEO-04B: Restricted License - Application (Renewal)

$1,500 for PEOs and $3,000 for PEO groups

By September 30 of odd-numbered years.

• Form PEO-07: Client Company List
• Form PEO-08: Health Insurance Affidavit of Insurance
• Form PEO-09: Worker's Comp Affidavit of Insurance
• Form PEO-11: Insurance Schedule
• Form PEO-16: Restricted License List of Leased Employees
• A copy of the most recent annual Audited Financials
• Client services agreement per SC Code § 40-68-60 and § 40-68-70
• Employee letter per SC Code § 40-68-60 and § 40-68-70
• Worksite notice per SC Code § 40-68-60

Form PEO-13: Quarterly Report Form

$0

Within 75 days after the end of each quarter.

Quarterly financial reports that are submitted late without prior approval from the department will be assessed a late reporting fee of $150 for every 30 days or portion thereof they are late.