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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.
Rhode Island LLC Formation Filing Fee: $150 The 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.
The sales tax is a levy imposed on the retail sale, rental or lease of many goods and services. Any sale is a retail sale if the property or service sold will be used and not resold in the regular course of business. The sales tax is imposed upon the retailer at the rate of 7% of the gross receipts from taxable sales.
The cost for domestic and foreign LLCs is $150. Make your checks or money orders payable to the RI Department of State. Foreign businesses trying to establish an LLC must include a Certificate of Good Standing or Letter of Status.
Regardless 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.
You can get an LLC in Rhode Island in 3-4 business days if you file online (or 2 weeks if you file by mail).
Register your business If you are looking to start a General Partnership or Sole Proprietorship, please contact the city or town where you wish to do business. General Partnerships and Sole Proprietorships do not register with the RI Department of State.