Last updated August 18, 2021
How to Form an LLC in Rhode Island
How to form an LLC in Rhode Island ← you are here
This Quick Start Guide is a brief overview of how to form an LLC in Rhode Island.
Rhode Island LLC costs:
LLC formation: $150 (one-time fee)
Annual report: $50 (every year)
★ Check out Northwest vs LegalZoom
Here is a quick overview on starting an LLC in Rhode Island
A Rhode Island Limited Liability Company (LLC) is a legal structure used to protect your personal assets (home, car, bank account) in the event your business is sued.
A Rhode Island LLC can be used to operate a business, or it can be used to hold assets (such as real estate, vehicles, boats, or aircraft).
You can file your LLC by mail, online, or walk-in filing. The RI LLC filing fee is $150 in all 3 cases.
If you file by mail, your Rhode Island LLC will be approved in 2-3 business days. If you file online, your Rhode Island LLC will be approved in 1-2 business days. If you do the walk-in filing, your Rhode Island LLC will be approved in a few hours (or less).
Note: Filing times may take longer due to the current global situation and government delays. Please see how long does it take to get an LLC in Rhode Island.
After your Rhode Island LLC is approved, complete your Operating Agreement and get your Federal Tax ID Number (aka EIN) from the IRS. We provide a free operating agreement template and your EIN from the IRS is also free.
In order to keep your Rhode Island LLC in compliance with the RI Secretary of State, you need to file an Annual Report each year. The state fee is $50.
We’ve created a free course that will walk you through forming your Rhode Island LLC, step-by-step.
You can find the detailed lessons linked at the top of this page.
Northwest ($39 + state fee) or LegalZoom ($149 + state fee)
(check out Northwest vs LegalZoom)