Add List Legal South Dakota Startup for S-Corporation Forms For Free
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How to Add List Legal South Dakota Startup for S-Corporation Forms For Free
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Video Guide to Add List Legal South Dakota Startup for S-Corporation Forms For Free
- A DBA, or Doing Business As, is essentially a nickname for your company. In South Dakota, a DBA is also called a business name. DBAs are a great way to rebrand your company name, to add new brands to your company, or to change your company name completely. For sole proprietors and partnerships, DBAs offer the ability to operate
Under a name that isn't the business owner's surname. For more information on the specifics of what a DBA is and how it can be used, check out our other video linked below. In this video, we will go over the steps you need to take in order to form a DBA in South Dakota. (light music) There are two
Tips to Add List Legal South Dakota Startup for S-Corporation Forms For Free
- Gather required information about your business, such as the name, address, and type of business activities.
- Prepare the Articles of Incorporation form specific to South Dakota.
- Decide on the number of shares the corporation will issue and their value.
- Choose a registered agent who will be responsible for receiving legal documents.
- File the Articles of Incorporation with the South Dakota Secretary of State along with the required filing fee.
- Create corporate bylaws to outline how your corporation will operate.
- Obtain an Employer Identification Number (EIN) from the IRS for tax purposes.
- Consider opening a separate bank account for your S-Corporation to keep personal and business finances separate.
Editing these forms might be needed if you change any details about your business, such as the name or structure, after the initial filing.
Business Entity Registration. Both non-profit and for-profit businesses must be registered with the Secretary of State's office. South Dakota corporation formation requirements from BizFilings. Our South Dakota guide provides SD incorporation requirements for your business. Anyone wishing to form or register a business entity that is not currently registered with the South Dakota Secretary of State. If you want liability protection, you'll want to form either a limited liability company or a corporation. South Dakota Limited Liability Company (LLC). The most common legal structures for a small business are: sole proprietorship; partnership; limited liability company (LLC), and; corporation. Select the type of ownership and all types of licenses you are applying for. This chapter shall be known and may be cited as the South Dakota Business Corporation Act.
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