In South Dakota, two of the most popular business structures are the limited liability company (LLC) and the S-Corporation. However, under some circumstances you can have the "best of both worlds" by establishing an LLC and then electing S-Corporation status for tax purposes.
The South Dakota Limited Liability Company as an S-Corporation
About Swier Law Firm's Business & Corporate Practice Group
Swier Law Firm's Business & Corporate Practice Group handles the following types of cases:
- Limited Liability Companies (LLCs)
- General Partnerships and Limited Liability Partnerships
- Joint Ventures and Strategic Alliances
- C Corporations and S Corporations
- Real Estate
- Wind Energy Transactions
- Corporate Governance
- Corporate Dissolution
- Conducting Internal Investigations for Boards, Board Committees and General Counsel
- Preparing, Revising and Updating Governance and Compliance Materials, including Bylaws, Committee Charters, and Compliance Policies.
To learn more about business and corporate legal issues in South Dakota, contact Swier Law Firm.