South Dakota LLC
Mt. Rushmore Management
Engineering your legal fortress in South Dakota. Updated guide for real estate holding companies.
Filing Fee
$150
One-time state fee
Annual Cost
$50
Recurring maintenance
Privacy Level
Low
Public record visibility
Why form in South Dakota?
No state income tax and strong asset protection trust laws.
2026 Regulatory Outlook
For real estate investors, South Dakota offers a specific blend of liability protection and tax implications. Whether you are holding a single family rental or a commercial complex, understanding the local Secretary of State requirements is crucial.
Strategic Insight
If you own property physically located in South Dakota, you typically MUST register the LLC here (or register a "Foreign LLC" here). Forming in Wyoming but ignoring South Dakota registration while owning property here can lead to fines.
Steps to Form
- Name Search: Ensure your desired name is available in the South Dakota database.
- Registered Agent: You must appoint a registered agent with a physical address in South Dakota.
- Articles of Organization: File the paperwork and pay the $150 fee.
- Operating Agreement: Corporate formality to prevent piercing the veil.
- EIN: Obtain from IRS after state approval.
Compare South Dakota
See how South Dakota stacks up against Wyoming, Delaware, and Nevada for privacy and asset protection.
- Filing Fee$150
- Annual Fee$50
- PrivacyLow