South Dakota Letter to Shareholders

State:
Multi-State
Control #:
US-CC-12-1384FH
Format:
Word; 
Rich Text
Instant download

Description

12-1384FH 12-1384FH . . . Proxy Statement and Prospectus for approval of merger of (i) unrelated company ("Acquiring Company") into corporation (in which event corporation would survive merger and Acquiring Company would cease to exist), or (ii) corporation into Acquiring Company (in which event Acquiring Company would survive merger and corporation would cease to exist), or (iii) corporation into subsidiary of Acquiring Company that was organized for purpose of merger (in which event subsidiary would survive merger and corporation would cease to exist) and (b) conversion of each share of corporation common stock into right to receive 1.15 shares of Acquiring Company common stock. The determination of form of merger will be made by corporation and Acquiring Company ("Constituent Companies") based upon (x) corporation's ability to obtain from Securities and Exchange Commission an exemption from certain provisions of Public Utility Holding Company Act of 1935 and (y) determination by Constituent Companies as to whether it is desirable to effect merger in manner to assure that it qualifies as reorganization under Section 368 of Internal Revenue Code of 1986
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FAQ

Like Alaska, South Dakota does not have state income tax. Along with no state income tax, South Dakota also has a 0% corporate tax rate, making it a great place to start an LLC that is taxed as a corporation. Advantages of South Dakota: No state income tax.

The first step is to file a form called the Amended Articles of Organization with the Secretary of State and wait for it to be approved. This is how you officially change your LLC name in South Dakota. The filing fee for the Amended Articles of Organization in South Dakota is $60.

How do you dissolve/terminate a South Dakota Limited Liability Company? To dissolve/terminate your domestic LLC in South Dakota, you must submit the completed Articles of Termination form to the South Dakota Secretary of State by mail or in person and in duplicate along with the filing fee.

Dakota's LLCs will protect your personal assets from the creditors of your business. These creditors could be employees, individuals the business has contracted with, or individuals bringing personal liability claims against the business.

There is no threshold to reach before a license is needed; if you are operating a taxable business, a license is needed. If you are conducting business in South Dakota you need a license even if you do not have a physical location.

OBTAINING A NEW/AMENDED BIRTH CERTIFICATE: If your original birth certificate is from South Dakota, you need to submit a certified copy of the Order for Adult Name Change along with $8.00 check or money order, payable to the Department of Health, Office of Vital Records, to the following address: Office of Vital ...

How do you dissolve a South Dakota Corporation? To dissolve your corporation in South Dakota, you must submit the completed Articles of Dissolution form by mail or in person, in duplicate, to the Secretary of State along with the filing fee.

File a Cancellation of a DBA - Business Name online by entering the required information. No fee is required to complete the online process for cancellation. Search the DBA - Business Name database by name or owner. You can also print a Registration Confirmation.

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South Dakota Letter to Shareholders