South Dakota Company Formation £802.00 + Vat
- South Dakota LLC
Estimated renewal costs in year two: £762
Forming an LLC in South Dakota
The Process
South Dakota LLCs are formed in around two weeks. However, the state offers filing in one business day for at additional cost.
Name Identifiers and Abbreviations
The name of the South Dakota LLC must end with one of the following words or abbreviations:
- LLC
- L.L.C.
- Limited Liability Company
Operating Agreement
An Operating Agreement will help protect your company’s limited liability status and avoid your company from being run by the default rules created by the state. Although South Dakota does not mandate all LLCs to have an Operating Agreement, it is recommended that you have one.
Additional Filings
Depending on the nature of your business some additional filings could be necessary to complete the proper set-up of your LLC:
- EIN – Tax Identification Number – available as an optional extra for non-US residents.
- Sales tax registration
- Payroll registration and business licensing