Incorporate your business in South Dakota;
Our Incorporation information is to help you with the small
business startup process. The South Dakota Incorporation info can
help answer questions like "How do I form an LLC in South Dakota?"
or "What type of Incorporation entity should I be? An South Dakota
S-Corporation or an South Dakota C-Corporation?" or "What are the
requirements for an South Dakota Corporation?" It's easy to set up
an South Dakota Corporation with our Incorporation Software. It has
this and other Incorporation info right on the software. So
once you know, your ready to go!
Corporate Name Endings
The name must contain the word "Corporation,"
"Company," "Incorporated," "Limited," or an abbreviation thereof.
It may not be the same as, or descriptively similar to, the
name of any domestic or qualified foreign corporation, reserved
or registered name, or any limited partnership, unless consent
is obtained. The name must not imply it is organized for any
purpose other than that stated in the articles of incorporation.
The name may not be the same as, or deceptively similar to,
a name in use by any other domestic corporation or authorized
foreign corporation in South Dakota.
Corporation Requirements
Director Information
Minimum Number - One or more.
Residence Requirements - No provision.
Age Requirements - Directors must be a natural person
at least 18 years of age.
Directors are required to be listed in the articles
of incorporation.
Officer Information
Officers are not required to be listed in the articles
of incorporation.
Stock Information
An increase in shares may cause an increase in initial
filing fees.
Corporate Records
A stock transfer ledger must be kept at the principal
corporate office.
Tax and Fees
Annual Statements
An annual report is due to the Secretary of State
by the first day of the second month following the anniversary
month of the corporation each year. The filing fee is
$25.
Income Tax Rate
There is no income tax in South Dakota.
S Corporation
S Corporation status is recognized by the State of
South Dakota. A separate state election from the federal
election is not required; however, South Dakota imposes
neither a corporate income tax nor a personal income
tax.
License Requirements
South Dakota requires most businesses to obtain a
license and pay a fee if operating in the state. Please
check with the state to make sure your business is complying
with the license requirements for your particular profession.
