South Dakota Domicile Information
DomicileSouth Dakota
Captives4
CapitalizationCapital & Surplus: $100,000 capital/$100,000 surplus.

Premiums to Surplus: 3-to-1 for group.
Registration & Incorporation ExpensesFees: $500 for certificate of authority
Investment RestrictionsDoes not allow cell captives.
Tax IssuesTaxes: 0.25% of premiums; Minimum tax is $5,000
Applicable ActsLaws: Chapter 58-46, 1996, Amended in 2009.
Tax Treaties 
Supervisory JurisdictionWendell Malsam Assistant Director, Financial
South Dakota Division of Insurance
445 East Capitol Avenue
Pierre, SD 57501-3185
Tel: (605) 773-3563 Fax: (605) 773-5369
Reporting Requirements 
Reserve & Underwriting Requirements 
Local Office Requirements 
Estimated Number of Captives4
Domicile URLhttp://www.state.sd.us/insurance
StatusActive
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