South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement

State:
South Dakota
Control #:
SD-00INCA
Format:
Word; 
Rich Text
Instant download

Description

This package of forms contains a pre-incorporation agreement for the formers of a corporation to sign agreeing on how the corporate will be operated, who will be elected as officers and directors, salaries and many other corporate matters.



The Shareholders Agreement is signed by the shareholders to agree on how the shares of a deceased shareholder may be purchased and how shares of a person who desires to sell their stock may be obtained by the other shareholders or the corporation. Restrictions on the Sale of stock are included to accomplish the goals of the shareholders to keep the corporation under the control of the existing shareholders.



The Confidentiality Agreement is made between the shareholders wherein they agree to keep confidential certain corporate matters.

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  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement
  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement
  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement
  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement
  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement
  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement
  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement
  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement
  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement
  • Preview South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement

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FAQ

Since Delaware has become known as the most corporate-friendly state in the country, it has become one of the most desirable states to incorporate in. In fact, the Delaware Division of Corporations claims to be home to 66 percent of the country's Fortune 500 companies.

STEP 1: Name your South Dakota LLC. STEP 2: Choose a South Dakota Registered Agent. STEP 3: File the South Dakota LLC Articles of Organization. STEP 4: Create Your South Dakota LLC Operating Agreement. STEP 5: Get an EIN for Your South Dakota LLC.

The filing fee is between $150 & $165 depending on how you file.

Both types of entities have the significant legal advantage of helping to protect assets from creditors and providing an extra layer of protection against legal liability. In general, the creation and management of an LLC are much easier and more flexible than that of a corporation.

The least expensive way to form your LLC is filing the forms yourself, although it will depend on the filing fees in your state. Incorporation statements for LLCs are typically the Articles of Organization.

When you form a corporation or LLC, you need to pay a one-time filing fee to the state's secretary of state office. Arkansas, Colorado, Hawaii, Iowa, Oklahoma and Mississippi all boast the lowest corporation formation fee at $50. It costs $310 to incorporate in Texas.

How much does it cost to form an LLC in South Dakota? The South Dakota Secretary of State charges $165 to file the Articles of Organization. There is an additional $15 filing fee if submitted by mail. You can reserve your LLC name with the South Dakota Secretary of State for $25.

While each business is different, some states simply stand out as good choices for incorporation. Wyoming, Nevada, and Delaware are ideal choices for incorporating your business due to their business-friendly rules, enhanced privacy, and knowledgeable courts.

What Is the Cheapest State to Incorporate? Delaware remains one of the more affordable states in which to form an LLC (14th lowest filing fee of 50 states). Delaware also ranks well for incorporation fees (17th lowest filing fee of 50 states).

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South Dakota Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement