South Dakota Small Business Guide: How to Start and Run a Business in South Dakota 

Are you a business owner in South Dakota? Or, maybe you’re considering launching your next venture in the Mount Rushmore State? Then you’ve come to the right place! Here you’ll find guidance on how to start a business, fund your business, operate your business, hire employees, file for taxes, stay compliant in your state, and more. 

Bookmark this page and keep checking back to track new legislation and developments in South Dakota that may affect your company. Now, let’s dive in!

How to register your business in the state of South Dakota

First thing is first: Here is how you register your new business in South Dakota.

Find funding for your South Dakota-based business

Every business, whether new or established, requires funding. Luckily, there are business loans and grants specifically designed for South Dakota-based businesses. Check out the South Dakota business funding page to find a loan or grant that’s a fit for your company. 

How to file and pay business taxes in South Dakota

Navigating the tax landscape can be complex—especially for busy business owners. Here is an up-to-date tax guide for South Dakota businesses

Managing employees in South Dakota

  • Are you calculating employee paychecks? Use this South Dakota salary paycheck calculator to determine withholdings and calculate take-home pay for your employees in South Dakota. (We do the math for you.)
Minimum wage in South Dakota SUI tax rate in South Dakota South Dakota DOL website
$10.80 per hour

$5.40 minimum tipped wage per hour 

New employer tax rate: 1.2%

Tax rate range: 0% – 9.45%

Wage base: $15,000

Department of Labor
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