We’ve compiled the most common fees associated with forming an LLC in South Dakota.
The average cost to start a business in South Dakota varies. However, you’ll likely encounter the following costs when you start an LLC in South Dakota.
To file your LLC Articles of Organization in South Dakota online, you’ll pay $150. If you file by mail, you’ll pay $165.
The fee for filing your LLC’s Application for Reservation of Name is $25. This reserves your proposed LLC name for 120 days. Your LLC’s name must be “distinguishable on the record” from other business names in South Dakota. South Dakota has several other requirements for naming an LLC, so check with the Secretary of State to be sure that your name fits the bill.
South Dakota doesn’t have corporate taxes or income taxes, so you won’t have to pay regardless of your LLC’s federal tax election.
Every South Dakota LLC must have a registered agent. You can act as your LLC’s registered agent. You must be over 18 years old, have a physical address in South Dakota, and be available to accept legal documents during regular business hours. Because of these requirements, many businesses hire a registered agent. They consider it a worthwhile cost to start a business in South Dakota.
We can help match you with a professional South Dakota Registered Agent with our South Dakota Registered Agent service. This way, you don’t have to worry about your constant availability.
What does it cost to start a business in South Dakota? Starting an LLC in South Dakota often costs more than just the LLC filing fee. Here are some additional fees you may have to pay when starting your South Dakota LLC.
A Certificate of Good Standing is a document from the Secretary of State of South Dakota that verifies that your LLC has complied with all of the registration rules in the state. Often, banks or other third parties will request this document for you to request financial assistance or conduct business. A Certificate of Good Standing costs $20. You can request a Certificate of Good Standing only online.
Perhaps your LLC would like to use another name besides its legal name. In this case, you will need to register for a DBA Fictitious Business Name in South Dakota. This name is also referred to as a DBA (“doing business as”) name or trade name. The cost of registering a Fictitious Business Name for your LLC name is $10.
If you formed an LLC outside (meaning, in another state) of South Dakota but would like to operate in South Dakota, you’ll need to apply for a Certificate of Authority. The cost to apply for a Certificate of Authority in South Dakota is $765.
Every business in South Dakota must have a sales tax license. Although a Retail Sales Tax License is free, your LLC will be responsible for paying the 4% tax on goods and services that it sells. Check with the South Dakota Department of Revenue to ensure that you’re correctly accounting for your sales taxes.
Other than the Sales Tax License above, there is no other general business license in South Dakota. However, depending on the services you will be providing, you may be required to obtain a business license from a county or local government. Contact your local government to determine if you need a license or permit.
Perhaps you can’t spend valuable time calling countless government agencies to see if your South Dakota LLC requires a license. Fortunately, we can help. We offer a Business License Report service that will help you quickly and easily discover whether your LLC will need a business license.
For just $0 plus state fees, we can form your South Dakota LLC for you in just minutes. No LegalZoom promo code required: Pay just $0 plus filing fees for fast LLC formation in South
Yes. If you do not pay your South Dakota LLC fees, you can face an additional penalty or lose your LLC status entirely. Plus, if you do not pay your sales taxes promptly, you can also be assessed a fee. It is important to pay all of your LLC fees on time so you don’t jeopardize your business.
Yes. If you do not pay your South Dakota LLC fees, you can face an additional penalty or lose your LLC status entirely. Plus, if you do not pay your sales taxes promptly, you can also be assessed a fee. It is important to pay all of your LLC fees on time so you don’t jeopardize your business.
Yes. If you do not pay your South Dakota LLC fees, you can face an additional penalty or lose your LLC status entirely. Plus, if you do not pay your sales taxes promptly, you can also be assessed a fee. It is important to pay all of your LLC fees on time so you don’t jeopardize your business.
The largest fee you will pay when you start your South Dakota LLC is the filing fee for your Articles of Organization. If you file online, it’s $150, but if you file by mail, it’s $165. If you register a foreign LLC in South Dakota, it will run you $765.
You can use various methods to pay your South Dakota LLC filing fee. If you file through the South Dakota online filing system, you can use a credit card or debit card. If, however, you file by mail, you can pay by check.
Address: 500 East Capitol Avenue Ste 204 Pierre, SD 57501-5070 | Office Hours: 8am to 5pm Central Time, Monday through Friday; closed on recognized holidays. |
Telephone: 605.773.4845 | Website: https://sdsos.gov/default.aspx |
Setting up an LLC in South Dakota may seem overwhelming. South Dakota has many laws and regulations that apply to LLCs that can be difficult to navigate. That’s why we’re here to help. With our South Dakota LLC Formation service and Worry-Free Compliance service, you can form your South Dakota LLC quickly and be sure that it remains compliant throughout the years.
Disclaimer: The content on this page is for information purposes only, and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.
LLC Cost by State
Start an LLC in Your State
When it comes to compliance, costs, and other factors, these are popular states for forming an LLC.
Ready to Start Your LLC?