Incorporate in Rhode Island (RI)
Learn the basic facts about Rhode Island corporations and Rhode Island limited liability companies (LLCs). Compare the differences between Rhode Island corporations and Rhode Island LLCs and learn about Rhode Island rules and regulations that relate to forming a corporation or LLC.
Forming a Rhode Island Corporation or Limited Liability Company (LLC)
There are a number of business entity types to consider when you are deciding the structure of your Rhode Island business. The most advantageous entities to form in Rhode Island are typically corporations or LLCs. Although other entity options are possible, these are the entities that offer the highest level of liability protection in Rhode Island. As you review the characteristics of incorporating or forming an LLC in Rhode Island, be sure to keep in mind both the present and future needs of your business. Often, when you start a business it begins as a small organization.
Get Started
If you decide that a Rhode Island corporation or LLC is the best option for your business, BizFilings will form your company in Rhode Island, faster than anyone else, without costly legal fees. Our cost-saving offerings include:
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$115 + State Fees |
$250 + State Fees |
$350 + State Fees |
- Preparation and Filing of Formation Documents
- Preliminary Name Check with State
- Free Registered Agent Service for 6 months
- BizComply Online Compliance Tool
- 24/7 Access to Online Corporate Status Center
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- Everything included with the Basic Package
- Expedited Processing Service
- Corporate Kit & Seal
- Corporate Forms CD
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- Everything included with the Standard Package
- Tax ID (EIN) Number Obtainment
- Compliance DVD
- Certified Copy of State Filed Documents
- Overnight Shipping
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State Fees Apply
Each state charges filing fees that apply separately from BizFilings' package pricing. These fees will be reflected when you generate a Fast Quote using any of the links above. You can also view our list of fees by state.
Incorporating in Rhode Island
Rhode Island Corporate Name Endings
Rhode Island Corporation Requirements
Rhode Island Corporate Taxes and Fees
Rhode Island Business License Requirements
Rhode Island Corporate Name Endings
The name must contain the word "Corporation," "Company," "Incorporated," "Limited," or an abbreviation thereof. The name must not be deceptively similar to any domestic or foreign corporation, limited partnership, foreign limited partnership authorized to do business in the state, or reserved or registered name, unless written consent is obtained from the holder of such name. The name may not contain any word implying the corporation was formed for a purpose for which it is not organized.
Rhode Island Corporation Requirements
Director Information
Minimum Number: One or more.
Residence Requirements: No provision.
Age Requirements: None.
Directors are not required to be listed in the articles of incorporation.
Officer Information
Officers are required to be listed in the articles of incorporation.
Stock Information
An increase in shares may cause an increase in initial filing fees.
Corporate Records
The stock transfer ledger must be kept at the principal office of the corporation.
Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://www.tax.state.ri.us/.
S Corporations
S Corporation status is recognized by the State of Rhode Island. A separate state election from the federal election is not required; however, S corporations are still subject to the franchise tax.
License Requirements
Rhode Island requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Form a Limited Liability Company (LLC) in Rhode Island
Rhode Island LLC Name Endings
Rhode Island LLC Requirements
Rhode Island LLC Taxes and Fees
Rhode Island Business License Requirements
LLC Name Endings
The LLC name must end with "Limited Liability Company," "LLC," or "L.L.C."
Rhode Island LLC Requirements
Member/Manager Information
Minimum Number: one or more
Residence Requirements: no provision
Age Requirements: no provision
Managers are required to be listed on the articles
Rhode Island Taxes and Fees
Annual Statements
The requirements for annual statements, reports and fees vary by state. BizFilings created BizComply - an online compliance management tool that provides customers with helpful information about requirements imposed by their state of formation or, if applicable, their state of foreign qualification. BizComply is included at no charge when you select BizFilings as your registered agent when ordering one of our formation services. It is also included in registered agent only or change of agent services, or it can be purchased as a stand-alone product for $50/year.
Taxes
For more information on taxes, visit http://www.tax.state.ri.us/.
License Requirements
Rhode Island requires most businesses to obtain a license and pay a fee if operating in the state. Please check with the state to make sure your business is complying with the license requirements for your particular profession.
Registered Agents in Rhode Island
Rhode Island corporations and LLCs are required to have a registered agent located in Rhode Island. The Rhode Island registered agent is responsible for receiving important legal and tax documents including service of process (litigation) documents, franchise tax forms, and annual report forms.
A Rhode Island registered agent is an individual or company located at a street address in Rhode Island. Post office boxes are not acceptable addresses for a registered agent in Rhode Island.
If a company, such as BizFilings, is acting as your registered agent they must be registered as a corporation in Rhode Island. There are a number of advantages to using a registered agent service provider in Rhode Island, but the advantages differ between large and small companies.
Large companies in Rhode Island benefit by having service of process and state documents send to their registered agent's office in Rhode Island. The registered agent follows delivery instructions to ensure that important documents reach the correct individual. Smaller companies in Rhode Island benefit by providing a consistent Rhode Island address.
Another advantage to using another company as your Rhode Island registered agent is that the information of your Rhode Island registered agent is public record.
Learn how to select BizFilings as your registered agent in Rhode Island.
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