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Name your Rhode Island LLC. You'll need to choose a name to include in your articles before you can register your LLC. ... Choose your registered agent. ... Prepare and file articles of organization. ... Receive a certificate from the state. ... Create an operating agreement. ... Get an Employer Identification Number.
Hear this out loud PauseMail filings: In total, mail filing approvals for Rhode Island LLCs take 2 weeks. This accounts for the 3-4 business days processing time, plus the time your documents are in the mail. Note: The Rhode Island Secretary of State only sends you an email if your LLC was rejected.
Hear this out loud PauseRegardless of how your LLC is structured or how much income you make, you'll need to pay a minimum of $400 to the Rhode Island Division of Taxation. Partnerships, disregarded entities, and S corporations pay the minimum business corporation tax of $400. Regular corporations pay $400 or more, depending on their profits.
Hear this out loud PauseIf you're looking to relocate and start your new business, Wyoming is a great choice. Not only is it the first state to make LLCs a legal business structure in 1977, but Wyoming also has no state income tax, a cheap sales tax rate which currently sits at 4% and a relatively inexpensive LLC filing fee of $100.
Yes, you can be your own registered agent in Rhode Island. However, after considering the registered agent requirements most business owners elect to hire a registered agent service instead.
Hear this out loud PauseThe primary cost when starting a Rhode Island LLC is the $150 fee ($152.50 online) to register your business with the Rhode Island Department of State' Business Division. Along with the fee, you'll need to file Rhode Island Articles of Organization, which can be submitted by mail, in person, or online.
To change your registered agent in Rhode Island, you must complete and file a Statement of Change form with the Rhode Island Secretary of State. The Rhode Island Statement of Change must be submitted by mail, in person, or online and costs $20 to file.