Undo And Redo In Legal South Dakota LLC Resolutions Forms For Free

To revive a South Dakota LLC, you'll need to file the Application for Reinstatement with the South Dakota Secretary of State. You'll also have to fix the issues that led to your South Dakota LLC's dissolution and obtain a Tax Clearance Certificate from the South Dakota Department of Revenue.

How much is a South Dakota Business License? South Dakota doesn't have a general business license at the state level, so there are no fees there. However, your business may need a state-level occupational license or municipal-level license or permit to operate.

South Dakota doesn't have a statewide business license requirement. However, after choosing an entity type and forming a business, nearly all businesses will need to apply for a State Sales and Use Tax License through the Department of Revenue, Business Tax Division.

Two Ways to Start A New Business in South Dakota Define your business concept. Draft a business plan. Choose a business name. Fund your startup costs. Choose a business structure. Register your business with the South Dakota Secretary of State. Get your business licenses. Set up a business bank account.

LLC members' income is taxed at the federal self-employment tax rate of 15.3% (12.4% for social security and 2.9% for Medicare). South Dakota does not levy state personal or corporate income taxes, though the LLC will most likely need to pay state sales and local taxes, as well as industry-specific taxes.

Use the online portal to register your business with the South Dakota Secretary of State. Alternatively, you can mail the forms or fill them out in person. Review your local city or county website for more information about location or industry-specific requirements.