5 Benefits to Starting a South Dakota Limited Liability Company

In South Dakota, a limited liability company (LLC) is a legal structure that provides the limited liability features of a corporation and the tax efficiencies and operational flexibility of a partnership.

Here are five practical tips for establishing a LLC in South Dakota:

  1. Creating a LLC includes the filing of articles of organization and the drafting of an operating agreement
  2. Creating a LLC will limit your personal liability
  3. Creating a LLC helps clarify ownership and makes accounting easier
  4. Creating a LlC simplifies business transfer and succession planning
  5. Creating a LLC allows for beneficial tax considerations

About Swier Law Firm's Business & Corporate Practice Group

Swier Law Firm's Business & Corporate Practice Group handles the following types of cases:

  • Cyber Law and Cyber Security
  • Limited Liability Companies (LLCs)
  • General Partnerships and Limited Liability Partnerships
  • Joint Ventures and Strategic Alliances
  • C Corporations and S Corporations
  • Trademarks and Copyrights
  • 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.