Cost of Doing Business

Rated #2 in the United States for tax climate

Sioux Falls is not only better when it comes to the cost of doing business – it offers significant, measurable advantages. With affordable labor costs and a talented, growing and productive workforce, the Sioux Empire provides great value.

Workforce training initiatives provide a valuable resource and help keep training costs down. Utilities are reliable and cost-competitive. With no corporate or personal income taxes, no personal property taxes, and low sales taxes, the tax climate virtually can´t be beat. South Dakota ranks #2 in the US for tax climate according to the Tax Foundation´s 2018 State Business Tax Climate Index.

Sioux Falls – Better for doing business.

South Dakota is ranked 2nd in the U.S. for tax climate.
Sioux Falls Development Foundation, South Dakota is ranked 5th for the cost of doing business.

Workforce Training: The Sioux Falls Advantage

There is better training for our workforce in Sioux Falls. A multitude of options are available to meet businesses' needs at the postsecondary level including city programs, state grants, technical training, and a new $50 million scholarship program for technical school students.

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A South Dakota location provides:

South Dakota has many benefits, no corporate or personal income taxes, no inheritance, personal property or inventory tax.