Are you unsatisfied with your South Dakota registered agent? Or perhaps you’re currently serving as your own registered agent, but would rather hire a professional registered agent service instead?
The state of South Dakota makes it rather easy to change your registered agent, but there are some details involved in the process that are worth reviewing.
In this guide, we’ll discuss all the relevant details of changing a registered agent in South Dakota.
Rocket Tip: If you would prefer to have a professional service deal with the paperwork and take over registered agent duties, hire a South Dakota registered agent service. It’s just a small annual fee.
What Is a South Dakota Registered Agent?
Why is a registered agent required for every limited liability company (LLC) or corporation? It all comes down to the fact that the state needs to be able to contact an official representative of your business if they need to deliver important documents to you, especially service of process.
Without a registered agent, you could remain unaware of a lawsuit against your business progressing through the court system.
Who Can Be a South Dakota Registered Agent?
If you’re looking to change your company’s registered agent, it’s a good idea to know who is eligible to serve as one.
In South Dakota, those looking to appoint a registered agent may either select an individual resident of the state who has a physical street address within South Dakota, or a business entity which was specifically formed to act as a registered agent. Sometimes referred to as “commercial agents”, these companies will act as your registered agent for an annual fee.
For the sake of convenience, the South Dakota Secretary of State has compiled this list of commercial agents which you may choose to contact and hire. It should be noted, however, that none of the listed entities are in any way officially endorsed by the state of South Dakota.
For more information on who may act as a registered agent in South Dakota, you may choose to consult our full guide on South Dakota registered agents.
How to Change Your Registered Agent in South Dakota
If you would like to change your registered agent for any reason, the process is simple.
To change your registered agent in South Dakota, you must simply submit a Statement of Change which designates your new agent. Which specific form is necessary will depend on your business entity’s type. For LLCs, you’ll need to fill out the Statement of Change of Registered Office or Registered Agent or Both for LLCs. For Corporations, you must submit the Statement of Change of Registered Office or Registered Agent or Both for corporations. Both documents will require the following information:
- The Name and Business ID of the LLC or corporation
- The name and address of previous agent
- The name and address of the new agent OR the name and CRA number of the commercial registered agent
- The title of the office3 or other position with the business
- The date
- The signature of an authorized officer
The documents may either be completed and printed in their PDF forms or submitted online using South Dakota’s e-filing system.
Change of Registered Agent Fee: $25
Should You Hire a Professional South Dakota Registered Agent Service?
Hiring a registered agent service like Northwest Registered Agent has some distinct advantages. First and foremost, compared to serving as your own agent, professional registered agent services allow you to keep your personal address private. They’re also much less expensive than hiring a lawyer or accountant to provide registered agent service.
An often-overlooked benefit is how easy it is to expand your South Dakota business into other states if you choose a professional registered agent. They typically have offices in all 50 states, so if you begin transacting business in an additional state, your same registered agent service can handle that for you.
If you’re interested in hiring a professional registered agent service, take a look at our guide to the top service providers.
The process for changing a registered agent in South Dakota isn’t a complicated one, but it’s certainly advisable to know exactly what you want to do ahead of time. If you know what you want going in, you’ll find that the process is really quite painless.
We hope this article answered your questions about changing your South Dakota registered agent!