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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.
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.
To dissolve your North Dakota LLC by filing Articles of Dissolution by Organizers, there is a $20 fee. To file the Articles of Dissolution by Members, there is a $20 filing fee and you must also file the Notice of Dissolution which costs $10.
A corporation has to use the Articles of Dissolution form. Submit the appropriate form in duplicate and the filing fee to the Secretary of State by mail or in person. 2. Remove all liabilities and obligations ? Your company has to proceed with the winding up.
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.
MONAE L. JOHNSON If you want to get an electronic file of all business entities in the database, the full database can be downloaded for a fee by clicking here.
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.