Rhode Island Franchise Comparison Worksheet
Description
How to fill out Franchise Comparison Worksheet?
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FAQ
Rhode Island is a Franchise Registration State. The initial FDD registration fee is $600 and the annual renewal fee is $300.
The fee for a post-effective amendment is $120. On the Department website, franchisors can access required forms including the Application for Franchise Registration, Consent to Service of Process, Franchise Seller Disclosure Form, and Guarantee of Performance.
Texas has not enacted franchise specific laws and is not a franchise registration state. However, Texas has enacted Business Opportunity Laws and, before offering or selling a franchise in Texas, you must first file a one-time Business Opportunity Exemption Notice with the Texas Secretary of State.
Massachusetts is not a franchise registration state and does not require FDD registration or filing. Learn More about franchising in Massachusetts.
Connecticut is not a franchise registration state but does require a one-time filing for a Business Opportunity Exemption, prior to offering or selling franchises in the state. More information can be found on the Connecticut Department of Banking Website.
Rhode Island is a franchise registration state, as it requires franchisors to file the FDD with the Rhode Island Department of Business Regulation, Securities Division. R.I. Gen. Laws § 19-28.1-9(a)-(b).
