Pricing $89.00 per year, special for pre-pay $40 per year

Don’t get fooled by companies claiming the lowest price and increasing it later. Our pricing is very simple. We charge $89 per year. We also have few specials. Whenever you decide to pre-pay additional years you get them for $40/year.

Why you need a Registered Agent?

South Dakota State laws require business entities to maintain a Resident Agent in the state that you form your business. The agent’s name and office address are included in the Articles of Incorporation or Articles of Organization to give public notice of where to send important documents to your business entity.

If you need Registered agent in other State than South Dakota click here.
We offer Registered Agent service in all 50 States.

State Fee for changing South Dakota Registered Agent

For Corporations and LLCs – change of registered agent/office: $10.00/entity

Registered Agent Requirements

Each corporation shall continuously maintain in this state: (1) A registered office that may be the same as any of its places of business; and (2) A registered agent, who may be: (a) An individual who resides in this state and whose business office is identical with the registered office; (b) A domestic corporation or not-for-profit domestic corporation whose business office is identical with the registered office; or (c) A foreign corporation or not-for-profit foreign corporation authorized to transact business in this state whose business office is identical with the registered office.

Annual reports for South Dakota are due during the month the Certificate of Incorporation was issued, and delinquent after the last day of the following month. The fee for corporations and LLCs is $50.

If you need help, we can file the annual report for you. Our fee is just $15. To order our service, please click on the following link:

Order South Dakota Annual Report Service

Didn’t find answer to your question? Email as at info@incparadise.com

Business Information & Rankings

• Ranked 3rd for Best Corporate Business Climate (Pollina Corporate Real Estate, 2005)
• Ranked 1st for Best State Business Tax Climate (Tax Foundation, 2005)
• Ranked 1st for Entrepreneurial Friendliness (Small Business Survival Foundation, 2004)
• Ranked 50th for Cost of Doing Business Index (Milken Institute, 2005) ? has the lowest cost of doing business than any other state.

Cost of Living Index

Crime Rate

South Dakota has the second lowest crime rate in the U.S. (FBI, 2003)

Fees & Taxes

Business Inventory Tax
South Dakota does not tax business inventories.

Income and Franchise Tax
South Dakota has long held the position that if you earn money, you should be allowed to keep it. Therefore, the state does not tax corporate or personal income. Additionally, the state does not impose a corporate franchise tax.

Municipal Sales Tax
Approximately 53% of the cities/towns in South Dakota have a tax that is in addition to the state sales tax. The amount of the municipal tax varies from city to city.

Personal Property Tax
South Dakota has not taxed personal property since 1979. The only property tax you must pay is local taxes on real property, land and buildings.

Real Property Taxes
Local real property taxes in South Dakota vary from 1 ? 4% of the actual value of the structure, with most rates falling between 2-3% percent. However, five-year property tax abatements are available on new structures or additions to existing ones.

State Sales and Use Tax
Base rate: 4%
Machinery rate: 4%

A tax refund (sales, use, and contractor?s excise taxes) is available for new and expanding businesses with project costs exceeding $10 million. A refund of retail sales and service tax, use tax, and contractor?s excise taxes is also available for taxes attributed to the construction of a new business or expanded facility constructed for the processing of agricultural commodity, product or by-product. The project costs must be a minimum of $4.5 million.

Unemployment Insurance
South Dakota has the second lowest unemployment rate in the nation. The new employers’ rate is 1.9% for the first year and 1.7% for the second year.
Special Licenses, Permits and Registrations

A special license or registration at the city, county, or state level may be needed depending upon the type of business you will operate.

A report by Wall Street 24/7 has revealed that South Dakota is indeed the 2nd most pro-business state in the nation. Does that mean incorporation in South Dakota is a good decision? The fact is that SD has much more to offer than just the business climate. Its economic conditions are strong and showing positive growth, there is a high availability of skilled and dedicated workforce, there are opportunities for expansion in technology and innovation, and there is no dearth of business support programs like the rural entrepreneurship support program – Dakota Rising!

Why Choose South Dakota for Incorporation?

The Mount Rushmore State is home to several industries that play a key role in driving the economy with agriculture, tourism, durable goods manufacturing, health care, food processing, and oil and natural gas being the top industries. One of the reasons why a large number of company incorporation in South Dakota take place is because of the advantages or benefits both small and medium sized businesses derives.

Now let’s take a look at some of the salient benefits that are responsible for fuelling growth of small businesses:

Financial Support Incentive Programs

If you are planning to set up company in South Dakota, financial support and guidance towards starting up your new business are two areas that you don’t have to worry about. The Governor’s Office of Economic Development (GOED) has implemented several programs that provide the much needed financial support in the form of loans and grants. Some of the popular programs include:

• Revolving Economic Development & Initiative (REDI) Fund
• Economic Development Finance Authority (EDFA)
• SBA 504
• South Dakota Microloan/ Microloan Express
• South Dakota Works
• South Dakota Jobs Program
• Dakota Seeds
• Workforce Development Program

Know More about these Programs

South Dakota Opportunity Zones (SDOZ)

There are 25 designated opportunity zones in the state of South Dakota and these include 23 low-income communities as well as 2 non low-income contiguous tracts. The good news is that business incorporation in South Dakota OZ can provide you with tax breaks like no other. If you make any investments within the opportunity zones and it is held for 10 years or more, then your investments will be free of capital gains taxes. List of Opportunity Zones

How do you incorporate in South Dakota?

What is the process of incorporation in South Dakota? What type of documentation is required? These are some of the common questions that you will be confronted with if you are planning to start a new business in the state. The following steps will enable understanding of the entire process:

Business Type

The first step towards incorporation in South Dakota is choosing the type of business you want to form. The different types of business structures that you can form in the Mount Rushmore State include Business Corporation (C & S Corporation), Non-Profit Corporation, Limited Liability Company (LLC), Limited Partnership (LP), Limited Liability Partnership (LLP), Co-operative, and Business Trusts.

The type of business entity you want to form can be either domestic or foreign. The forms and fee will be different for each type of entity.

Company name

What is the next step towards company incorporation in South Dakota? The next step is to identify and reserve a name and this can be done as follows:

1. Naming Requirements: According to SD Codified L § 47-34A-105 (through 2011) for LLC and SD Codified L § 47-1A-401 to 47-1A-401.2 for corporation, a business name should contain the words “corporation”, “incorporated”, “limited liability company” or abbreviations like “corp.”, “inc.”, “ltd.”, “L.L.C.”, ”Ltd., ” or similar abbreviation.
2. Business name search: You need to search for a business name that is not in use currently. You can conduct a name availability search here.
3. Name Reservation: Once you have identified a business entity name, you will have to reserve the name pursuant to SD Codified L § 47-34A-106 (through 2011) for LLC and SD Codified L § 47-1A-402 (2014) for corporations as a part of the process of incorporation in South Dakota. You can reserve the name for a period of 120 days with the office of the South Dakota Secretary of State.
4. Name Registration: If your business is a foreign entity then name registration is required pursuant to SD Codified L § 47-34A-107 (through 2011) for LLC and SD Codified L § 47-1A-403 (2014) for business corporations.

Choose a Registered Agent

Whether you form a corporation or an LLC business entity, in order to transact business in the state of South Dakota, you will have to maintain a registered agent pursuant to 2011 South Dakota Code, Title 59 – Agency, Chapter 11. Model Registered Agents Act §59-11-6.

We are one of the respected registered agents in South Dakota and will be responsible towards initiating incorporation in South Dakota through processing of your Articles of Organization and Certificate of Authority for LLCs and Articles of Incorporation and Certificate of Authority for business corporations.

Articles of Incorporation and Certificate of Authority

You will be required to file “Articles of Incorporation” pursuant to SD Codified L § 47-1A-203 (2014), if your business is a domestic corporation. You will have to file a “Certificate for Authority” pursuant to SD Codified L § 47-1A-921.3 (2014), if it is a foreign business entity. In order to streamline the process of incorporation in South Dakota, we can file documents on your behalf through the online process or through an expedited process.

Date Stamped Copies

As a part of the process of company incorporation in South Dakota, we will ensure, you receive date-stamped and filed copies that verifies that the state has filed as well as formed your corporation.

Costs and Fees associated with South Dakota Incorporation

What would it cost to set up a company in South Dakota? Check Fees here!

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