Source: https://incparadise.net/south-dakota/incorporate-in-south-dakota/
Timestamp: 2019-04-25 09:50:49+00:00

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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 the 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 business derives.
How do you incorporate in South Dakota?
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.
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 should contain words like “corporation”, “incorporated”, “limited liability company” or abbreviations like “corp.”, “inc.”, “ltd.”, “L.L.C.”, ”Ltd., ” or similar abbreviation.
Name Reservation: Once you have identified business entity name, you will have to reserve the name pursuant 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 incorporation in South Dakota process. You can reserve the name for a period of 120 days with the office of the South Dakota Secretary of State.
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.
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 LLC and Articles of Incorporation and Certificate of Authority for business corporations.
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 expedited process.
As a part of the process of company incorporation in South Dakota, we will ensure, you receive date-stamped and filed copies that verifies the state has filed as well as formed your corporation.
What would it cost to set up company in South Dakota? Check Fees here!

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