What are the requirements for incorporating a for-profit corporation in the State of South Dakota?

The name of the corporation must include the word Corporation, Incorporated, Company, Limited, or an abbreviation of one of these words.

Articles of Incorporation must be completed and signed by each incorporator in the presence of a notary public. One originally signed and one photocopy of the Articles of Incorporation must be submitted to the Secretary of State's office, together with the filing fee and a Consent of Appointment signed by the registered agent. The registered agent must be a resident of the State, and the address of the registered agent is considered the registered office address of the corporation.

The Articles of Incorporation must state that the corporation will not commence business until consideration of the value of at least $1,000 has been received for the issuance of shares.

What is the filing fee for South Dakota for-profit corporations?

The filing fee is $100 minimum.

What are the requirements for incorporating a non-profit corporation?

Under SDCL 47-22-8.1, the name of the corporation may not be the same as or indistinguishable from any other corporation upon the records of the Secretary of State.

Three or more natural persons of the age of majority may act as incorporators of a corporation. Articles of Incorporation must be completed and signed by each incorporator in the presence of a notary public. One originally signed and one exact or conformed copy of the Articles of Incorporation must be submitted to the Secretary of State's office, together with the filing fee and a Consent of Appointment signed by the registered agent. The registered agent must be a resident of the State, and the address of the registered agent is considered the registered office address of the corporation.

What is the filing fee for South Dakota non-profit corporations?

The filing fee is $25.

What are the requirements for forming a limited liability company in South Dakota?

The name of the company must contain the words Limited Liability Company or the abbreviation L.L.C. The name cannot be the same as or deceptively similar to the corporate name of a domestic corporation or a foreign qualified corporation.

One or more persons may organize a limited liability company. The Articles of Organization must be accompanied by the first Annual Report and the filing fee. One original and one exact or conformed copy must be submitted to the Secretary of State's office.

What is the filing fee for limited liability companies?

The filing fee is $100 minimum.



The foregoing summary is provided for information purposes only and is not to be considered legal or business advice. The information may not be complete, accurate or applicable for any particular situation and should not be relied upon.