South Dakota LLC – SD Limited Liability Company – LLC in South Dakota
The following table sets forth a comprehensive summary of this state’s LLC laws, filing requirements, taxation and more.
Keep in mind though, that the information in this table is subject to the whim of each state’s lawmakers, so the information is constantly changing.
It’s a good idea to do a reality check with the Secretary of State’s office to confirm that the information is still current.
|Secretary of State Contact Information||South Dakota Secretary of State|
500 East Capitol Avenue Suite 204
Pierre, SD 57501-5070
|LLC Filing and Assistance Website Address||www.state.sd.us/sos/sos.htm|
|LLC Filing Fees||To organize, an LLC must file Articles of Organization . To register, Foreign LLCs must file a Certificate of Authority Application. Articles of Organization and the Certificate of Authority Application must be accompanied by the First Annual Report. The fee schedule for the First Annual Report is|
-$90 for LLCs with member contributions less than $50,000
-$150 for LLCs with member contributions from $50,000 – $100,000.
-$150 for LLCs with member contributions in excess of $100,000 plus $50 for each additional $1,000 of member contributions.
-the maximum filing fee is $16,000.
|LLC Name Reservation Information and Fees||South Dakota organizers may reserve an LLC name by filing an Application for Reservation of Name with the South Dakota Secretary of State accompanied by a $15 filing fee. The name reservation remains effective for 120 days.|
|Link to Get LLC Formation Forms||www.sdsos.gov/busineservices/corporations_forms.shtm|
|Periodic LLC Reporting Requirements||LLCs must file an Annual Report before the first day of the second month following the anniversary month of the LLCs initial filing.|
|Link to Get LLC Tax Forms||www.state.sd.us/drr2/forms/btaxforms.htm|
|LLC Tax Summary||South Dakota does not have a corporate or personal income tax. LLCs conducting business in South Dakota may be subject to a sales and use tax.|
|LLC Statute||Title 47, Chapter 34A of the South Dakota Code|
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Michael Spadaccini is the author of 8 books on self-help legal matters such as, Ultimate LLC Compliance Guide: Covers All 50 States (Ultimate Series), Ultimate Book of Forming Corps, LLCs, Partnerships & Sole Proprietorships, and Ultimate Guide to Forming an LLC in Any State, Second Edition (Ultimate Series).
You can view his Amazon Author Profile Here.