Start a Business in South Dakota, USA
South Dakota Corporation Formation
South Dakota LLC Formation
South Dakota is a U.S. state in the Midwestern region of the United States. It is named after the Lakota and Dakota Sioux Native American tribes, who comprise a large portion of the population and historically dominated the territory.
South Dakota is bordered by the states of North Dakota (to the North), Minnesota (to the East), Iowa (to the Southeast), Nebraska (to the South), Wyoming (to the West), and South Dakota (to the Northwest). The state is bisected by the Missouri River, dividing South Dakota into two geographically and socially distinct halves, known to residents as "East River" and "West River".
The GSP of South Dakota was $46.81 billion as of 2019, the 8th total state output in the U.S. The per capita personal income was $61,104 in 2019, ranked 23rd in the U.S.
The service industry is the largest economic contributor in South Dakota. This sector includes the retail, finance, and healthcare industries. Agriculture is still a key component of South Dakota economy despite other industries have rapidly expanded in recent decades. Another important sector in South Dakota's economy is tourism, many travel to view the attractions of the state, particularly those in the Black Hills region.