How to Shut Down a Business in South Dakota
Complete guide to dissolving your business entity with the South Dakota Secretary of State.
Quick Answer
To dissolve a business in South Dakota, file Articles of Termination with the South Dakota Secretary of State. The LLC filing fee is $10 and corporation fee is $10. South Dakota does not require tax clearance before filing. Standard processing takes 7-14 business days.
Quick Facts
| Filing Agency | South Dakota Secretary of State |
| Website | https://sdsos.gov/business-services/default.aspx |
| LLC Dissolution Fee | $10 |
| Corporation Dissolution Fee | $10 |
| Tax Clearance Required | No |
| Processing Time | 7-14 business days |
| Online Filing | Yes |
| Phone | (605) 773-4845 |
LLC Dissolution in South Dakota
Steps to Dissolve an LLC
- 1 Vote to dissolve the LLC according to the operating agreement or by majority member consent
- 2 Wind up business affairs and settle all debts and obligations
- 3 File final tax returns with the South Dakota Department of Revenue if applicable
- 4 File Articles of Termination with the South Dakota Secretary of State
- 5 Pay the $10 filing fee
- 6 Cancel any licenses, permits, and registrations
- 7 Close business bank accounts and cancel your EIN with the IRS
Corporation Dissolution in South Dakota
Steps to Dissolve a Corporation
- 1 Hold a board of directors meeting to recommend dissolution
- 2 Obtain shareholder approval for the dissolution
- 3 Wind up business affairs and settle all debts and obligations
- 4 File final tax returns with the South Dakota Department of Revenue if applicable
- 5 File Articles of Dissolution with the South Dakota Secretary of State
- 6 Pay the $10 filing fee
- 7 Cancel any licenses, permits, and registrations
- 8 Close business bank accounts and cancel your EIN with the IRS
Tax Requirements
Tax Agency: South Dakota Department of Revenue
Phone: (605) 773-3311
South Dakota has no state income tax and no corporate income tax. No tax clearance certificate is required for dissolution. Businesses may still need to file final sales tax or other applicable tax returns.
Additional Requirements
Corporations must publish notice of dissolution one time in a newspaper of general circulation in the county of the principal office (SDCL 47-1A-1407).
Contact Information
Agency: South Dakota Secretary of State
Address: 500 East Capitol Avenue, Suite 204, Pierre, SD 57501-5070
Phone: (605) 773-4845
Email: openforbiz@state.sd.us
Website: https://sdsos.gov/business-services/default.aspx
Online Portal: https://sosenterprise.sd.gov/BusinessServices/Business/FilingSearch.aspx
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This guide is for informational purposes only and does not constitute legal advice. Information is sourced from official state websites and was last verified in 2026. Always confirm current requirements directly with the South Dakota Secretary of State. Consult an attorney for advice specific to your situation.