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South Dakota Business Registration

South Dakota Corporation Formation

South Dakota LLC Formation

South Dakota is a U.S. state in the Midwestern region of the United States. It is named after the Lakota and Dakota Sioux Native American tribes, who comprise a large portion of the population and historically dominated the territory.

South Dakota is bordered by the states of North Dakota (to the North), Minnesota (to the East), Iowa (to the Southeast), Nebraska (to the South), Wyoming (to the West), and South Dakota (to the Northwest). The state is bisected by the Missouri River, dividing South Dakota into two geographically and socially distinct halves, known to residents as "East River" and "West River".

The GSP of South Dakota was $46.81 billion as of 2019, the 8th total state output in the U.S. The per capita personal income was $61,104 in 2019, ranked 23rd in the U.S.

The service industry is the largest economic contributor in South Dakota. This sector includes the retail, finance, and healthcare industries. Agriculture is still a key component of South Dakota economy despite other industries have rapidly expanded in recent decades. Another important sector in South Dakota's economy is tourism, many travel to view the attractions of the state, particularly those in the Black Hills region.

Benefits for starting a business in South Dakota, USA

Benefits for starting a business in South Dakota, USA

  • Flexible Profit Distribution
  • No corporate income taxes
  • Lowest business costs
  • Business-friendly regulations
  • Easy start-up for a new business

South Dakota Company Formation

  Limited Liability Company (LLC) Corporation (C- Corp and S-Corp)
Corporate Tax Rate

South Dakota has no corporate income tax at the state level, making it an attractive tax haven for incorporating a business.

Company Name

A corporate name must contain the words “limited liability company”, “L.L.C”, or “LLC”. The corporate name may not contain a word or phrase that indicates or implies that the corporation is organized for a purpose other than the purpose contained in its articles of incorporation. A corporate name must be distinguishable upon the record.

A corporate name must contain the words like “Corporation”, “Incorporated”, “Company”, or “Limited”; or abbreviations of these words like Corp., Inc., Co., or Ltd. A corporate name must be distinguishable upon the record.

Board of Directors

An LLC must have at least one manager and one member. The manager(s)/member(s) can be of any nationality.

A corporation must have at least one shareholder and one director. The shareholder(s)/director(s) can be of any nationality.

Other requirement

Annual Report: The corporation must file an Annual Report in South Dakota. The due date for South Dakota LLC is by the last day of anniversary month.

Registered Agent: A South Dakota registered agent is an individual or an organization registered or authorized to do business in South Dakota.

Employer Identification Number (EIN): Any South Dakota LLC is required to have an EIN, and it serves as the primary ID of a business to the government for the tax purposes.

Annual Report: The corporation must file an Annual Report in South Dakota. The due date for South Dakota corporations is by the last day of anniversary month.

Stock: The information about authorized shares and the number of shares or par value will be listed in the Certificate of Incorporation.

Registered Agent: A South Dakota registered agent must have a physical location in South Dakota and be present at that address during normal business hours.

Employer Identification Number (EIN): An EIN serves as a unique identifier for your company and is largely used for tax purposes.

How to start a business in South Dakota, USA

How to start a business in South Dakota, USA - Preparation

1. Preparation

Select basic Resident/Founder nationality information and other additional services that you want (if any).

How to start a business in South Dakota, USA - Filling

2. Filling

Register or log in and fill in the company names and director/ shareholder(s) and fill in the billing address and special request (if any).

How to start a business in South Dakota, USA - Payment

3. Payment

Choose your payment method (We accept payment by Credit/Debit Card, PayPal, or Wire Transfer).

How to start a business in South Dakota, USA - Delivery

4. Delivery

You will receive soft copies of necessary documents including Certificate of Incorporation, Business Registration, Memorandum and Articles of Association, etc. Then, your new company in South Dakota is ready to do business. You can bring the documents in the company kit to open a corporate bank account or we can help you with our long experience of Banking support services.

Cost of incorporating in South Dakota, USA

From

US$ 599 Cost of incorporating in South Dakota, USA
  • Done within 2 working days
  • 100% successful rate
  • Fast, easy & highest confidential
  • Dedicated support (24/7)
  • Just Order, We Do All For You
Limited Liability Company (LLC) From US$ 599
Corporation (C- Corp and S-Corp) From US$ 599

Recommended services

Set Up Company in South Dakota (USA) with the main characteristics

Limited Liability Company (LLC)

General Information
Type of Business Entity Limited Liability Company (LLC)
Corporate Income Tax No
British Based Legal System No
Double Tax Treaty Access No
Incorporation Time Frame (Approx., days) 2 - 3 working days
Corporate Requirements
Minimum Number of Shareholders 1
Minimum Number of Directors 1
Corporate Directors Permitted Yes
Standard Authorized Capital/Shares N/A
Local Requirements
Registered Office/ Registered Agent Yes
Company Secretary Yes
Local Meetings No
Local Directors / Shareholders No
Publicly Accessible Records Yes
Annual Requirements
Annual Return Yes
Audited Accounts Yes
Incorporation Fees
Our Service Fee (1st year) US$ 599.00
Government fee & Service charged US$ 500.00
Annual Renewal Fees
Our Service Fee (year 2+) US$ 499.00
Government fee & Service charged US$ 500.00

Corporation (C-Corp or S-Corp)

General Information
Type of Business Entity Corporation (C-Corp or S-Corp)
Corporate Income Tax No
British Based Legal System No
Double Tax Treaty Access No
Incorporation Time Frame (Approx., days) 2 - 3 working days
Corporate Requirements
Minimum Number of Shareholders 1
Minimum Number of Directors 1
Corporate Directors Permitted Yes
Standard Authorized Capital/Shares N/A
Local Requirements
Registered Office/ Registered Agent Yes
Company Secretary Yes
Local Meetings No
Local Directors / Shareholders No
Publicly Accessible Records Yes
Annual Requirements
Annual Return Yes
Audited Accounts Yes
Incorporation Fees
Our Service Fee (1st year) US$ 599.00
Government fee & Service charged US$ 260.00
Annual Renewal Fees
Our Service Fee (year 2+) US$ 499.00
Government fee & Service charged US$ 260.00

Scope of Services

Limited Liability Company (LLC)

1. Company Formation Service Fee

Services and Documents Provided Status
Agent Fee Yes
Name Check Yes
Preparation of Articles Yes
Same-day Electronic Filing Yes
Certificate of Formation Yes
Digital Copy of Documents Yes
Digital Corporate Seal Yes
Lifetime Customer Support Yes
One Complete Year (12 Full Months) of South Dakota Registered Agent Service Yes

2. Government Fee

Certificate of Incorporation Status
Submission of all documents to the Financial Services Commission (FSC) and attending to any clarifications on the structure and applications required. Yes
Submission of application to the Registrar of Companies Yes

To incorporate a South Dakota company, the client is required to pay the Government Fee, US$ 500, including

  • Government Filling cost: US$ 100
  • Registered Agent Fee for 1 year: US$ 400

Corporation (C-Corp or S-Corp)

1. Company Formation Service Fee

Services and Documents Provided Status
Agent Fee Yes
Name Check Yes
Preparation of Articles Yes
Same-day Electronic Filing Yes
Certificate of Formation Yes
Digital Copy of Documents Yes
Digital Corporate Seal Yes
Lifetime Customer Support Yes
One Complete Year (12 Full Months) of South Dakota Registered Agent Service Yes

2. Government Fee

Certificate of Incorporation Status
Submission of all documents to the Financial Services Commission (FSC) and attending to any clarifications on the structure and applications required. Yes
Submission of application to the Registrar of Companies Yes

To incorporate a South Dakota company, the client is required to pay the Government Fee, US$ 260, including

  • Government Filling cost: US$ 100
  • Registered Agent Fee for 1 year: US$ 160

Download forms - Set Up Company in South Dakota (USA)

1. Application Formation Form

Description QR Code Download
Application for Limited Company
PDF | 1.41 MB | Updated time: 06 May, 2024, 16:50 (UTC+08:00)

Application form for Limited Company processing

Application for Limited Company Download
Application Formation Form LLP LLC
PDF | 2.00 MB | Updated time: 06 May, 2024, 16:57 (UTC+08:00)

Application Formation Form LLP LLC

Application Formation Form LLP LLC Download

2. Business Plan Form

Description QR Code Download
Business Plan Form
PDF | 654.81 kB | Updated time: 06 May, 2024, 16:59 (UTC+08:00)

Business Plan Form for Company Incorporation

Business Plan Form Download

3. Rate card

Description QR Code Download
South Dakota (C-Corp or S-Corp) Rate card
PDF | 642.51 kB | Updated time: 31 Dec, 2020, 11:15 (UTC+08:00)

Basic Features and Standard price for South Dakota (C-Corp or S-Corp)

South Dakota (C-Corp or S-Corp) Rate card Download
South Dakota LLC Rate card
PDF | 642.20 kB | Updated time: 31 Dec, 2020, 11:15 (UTC+08:00)

Basic Features and Standard price for South Dakota LLC

South Dakota LLC Rate card Download

4. Company Profile

Description QR Code Download
Company Profile
PDF | 3.31 MB | Updated time: 30 Sep, 2024, 12:46 (UTC+08:00)

Discover our company profile to gain a deeper understanding of who we are

Company Profile Download

5. Sample Documents

Description QR Code Download

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View more detailed information on Incorporation requirements

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