Initial Fees and Licenses in South Dakota

If you're going to operate your business in South Dakota, when you start up you're likely to incur filing fees and licensing fees depending on the type of business you run and your business form (corporation, sole proprietorship, partnership or limited liability company (LLC)).

Corporations. If you're doing business as a domestic corporation (a corporation incorporated in South Dakota), you will be subject to various fees when you start up.

The following are some of the major filing requirements and payments by domestic corporations to the South Dakota Secretary of State:

Document Fee
Articles of incorporation $125 (minimum)
Restated articles of incorporation $50
Articles of merger or consolidation $50
Application to reserve corporate name $20
Articles of amendment $50
Articles of dissolution $10

If you're doing business as a foreign corporation (a corporation incorporated outside of South Dakota), you will be subject to the same similar initial fees. The following is a partial list of filing requirements and payments by foreign corporations to the South Dakota Secretary of State:

Document Fee
Certificate of authority $550
Amended certificate of authority $200
Application for surrender of authority to do business $10

Limited liability companies (LLCs). If your company is either a domestic or foreign limited liability company (LLC), you must file documents with the South Dakota Secretary of State. The fee for filing the articles of organization for a domestic LLC is $150 and the fee for filing the certificate of authority for a foreign LLC is $750.

The fee for later annual reports of a domestic or foreign LLC is $50.

Business licenses and fees. South Dakota requires that you obtain a license and pay a fee if you are operating certain types of businesses in the state. Below is a partial list of some of the types of businesses required to obtain a license. Be sure to check with the state to make sure you are complying with the license requirements for your particular profession.

  • barbers and barber shops
  • electricians
  • energy minerals
  • fireworks dealers
  • food service establishments
  • insurance agents
  • laundromats
  • pharmacists
  • public grain warehouses
  • real estate brokers and salesmen
  • well drillers

Related Resources

Taxes on Business Income in South Dakota

South Dakota

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