South Dakota
South Dakota is nationally recognized for user-friendly trust laws and a common-sense regulatory environment where owners work directly with decision makers. It does not charge premium taxes, opting instead for a supervision fee that can never exceed $50,000 annually. Captives must maintain their principal place of business and hold at least one board meeting in the state with a physical quorum.
Quick Facts
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Trust Captives | $100,000 |
| All Others | $250,000 |
Regulatory Framework
Chapter 58-46, South Dakota Captive Legislation
Tax Environment
No premium tax; supervision fee capped at $50,000
Regulatory & Statistical Profile
Statistical profile pending verification for this domicile.
checklist Authorized Captive Structures
List of authorized captive structures pending verification.
payments Fees & Solvency Compliance
gavel Regulatory Contact Office
Considering South Dakota for Your Captive?
Our consultants provide end-to-end guidance on domicile selection, feasibility, and formation. Let us help you determine if South Dakota is the right fit.