What Is a South Dakota Annual Report?

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South Dakota LLC Annual Report Process

  • An annual report must be completed online with a credit card payment or printed and mailed with a check.
  • Businesses that fail to file their Annual Report incur late changes and revocation of operating license.
  • Once formed, you must stay on top of filing deadlines in order to stay in good standing and avoid fines or penalties.

Filing the Report and Deadlines

  • To file your annual report, visit the Secretary of State’s website and select “File an Annual Report.”
  • Reports are due on the first day of the anniversary month of your LLC’s formation.

Details in the Annual Report

  • An Annual Report contains crucial details like updated information or changes since the last filing period.

Cost of Filing

  • The South Dakota annual report deadline is the first day of the LLC’s anniversary month. Submitting costs $50 to file online.

Mandatory Filing Requirement

  • It is mandatory for every business entity in South Dakota to file an annual report with the Secretary of State.
  • An LLC has to file on the first day of the anniversary month, every year.

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