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How long does it take to set up an LLC in South Dakota?

Mail filings: In total, mail filing approvals for South Dakota LLCs take 3 weeks. This accounts for the 3-5 business day processing time, plus the time your documents are in the mail. Online filings: Online filings for South Dakota LLCs are approved immediately.

How long does it take for LLC approval in Florida?

Florida LLC Approval Times Mail filings: In total, mail filing approvals for Florida LLCs take 3-4 weeks. This accounts for the 5-7 business day processing time, plus the time your documents are in the mail. Online filings: In total, online filing approvals for Florida LLCs take 1-2 business days.

How much is an LLC in South Dakota?

Business Corporations - Domestic Foreign ServiceFeeLimited Liability Company (LLC) - Domestic ForeignDomestic Articles of OrganizationFiled Electronically online$150Filed via Paper (includes paper filing fee)$165114 more rows

How long does setting up LLC take?

Depending on how fast the state processes business filings, it can generally take between a week to ten business days. In some states, once your intake information is received, the state agency often issues approval for the limited liability company within only three business days.

How do you start an LLC in South Dakota?

Just follow these six steps, and youll be on your way. Name Your South Dakota LLC. Choose Your Registered Agent. Prepare and File Articles of Organization. Receive a Certificate From the State. Create an Operating Agreement. Get an Employer Identification Number.

What is a domestic limited liability company?

An LLC is an unincorporated business organization of one or more persons who have limited liability for the contractual obligations and other liabilities of the business. The Limited Liability Company Law governs the formation and operation of an LLC. An LLC may organize for any lawful business purpose or purposes.

What do I need to start an LLC in South Dakota?

Just follow these six steps, and youll be on your way. Name Your South Dakota LLC. Choose Your Registered Agent. Prepare and File Articles of Organization. Receive a Certificate From the State. Create an Operating Agreement. Get an Employer Identification Number.

What is the purpose of a limited liability company?

A Limited liability company (LLC) is a business structure that offers limited liability protection and pass-through taxation. As with corporations, the LLC legally exists as a separate entity from its owners. Therefore, owners cannot typically be held personally responsible for the business debts and liabilities.

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