What regulations apply to small businesses?
In South Dakota, laws that apply to small businesses are similar to laws that apply to larger businesses. Generally, small businesses in the state are subject to the same local, state, and federal regulations as larger companies. At the local level, small businesses must comply with city ordinances and building codes as they would for any other business. They must also obtain the proper business permits. State regulations that may apply to small businesses include environmental laws, insurance requirements, tax laws, and labor regulations. Businesses may be subject to zoning laws, which regulate the type of businesses allowed in certain areas, and licensing laws, which require certain types of businesses to obtain specific permits or licenses before they can operate in the area. At the federal level, small businesses are subject to federal income tax laws, labor laws, regulations related to health and safety, discrimination laws, and consumer protection laws. The Small Business Administration also provides resources to help small businesses with managing their operations and complying with federal regulations. In addition, South Dakota has its own legal code and a Small Business Ombudsman who provides assistance to small business owners throughout the state. These resources are available to help small businesses comply with state laws and regulations.
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