Forming a Corporation in South Dakota
Every state has a different set of laws and regulations in place. So, in most cases no two states are the same. Due to that, you must be familiar with the set of rules present when dealing with South Dakota State Corp Filing. If your state of choice corporation is South Dakota, DOT Operating Authority can help you with all the details. There are many steps in the process. From what comes from our part, we will research the availability of your company name. Also, our company can help you prepare and file your Articles of Incorporation with the South Dakota Secretary State. We can also assist with many of your follow-up needs such as amendment filings, written consents. Also, we can help you with written consents and annual report preparation and filing.
South Dakota Corporate Name Requirements
In order to be a successful corporation in South Dakota, your name cannot be confused with any existing names. You also cannot use any reserved, or registered corporate names. All in all, DOT Operating Authority is here to make sure that you get the perfect name for your South Dakota State Corp Filing. We will also conduct full research and make sure to meet all of South Dakota requirements.
Permitted Designations: There are several approved designations that corporate names can be followed by, which include:
- Co.
- Company
- Corp.
- Corporation
- Inc.
- Incorporated
- Limited
- Ltd.
Restricted Designations: There are certain words and phrases that cannot be in corporate names. And therefore, are considered “restricted” in South Dakota and require special approval. They include:
- Bank
- Insurance
South Dakota State Corp Filing Requirements
Required Documents: South Dakota requires businesses to file Articles of Incorporation with the Secretary of State. Therefore, by trusting us to form your corporation for you, we will file all mandatory documents for you.
Processing Time: On Average, it takes between 5 – 7 business days.
Reminder: Follow-up filings are not mandatory.
Directors Information
When forming a corporation, it is mandatory for companies to have one or more directors. In addition, the directors should at least be 18 years old.
Annual Reports
All South Dakota Corporations must file an South Dakota annual report with the State of South Dakota during the month that marks the anniversary of incorporation.