Rhode Island LLC:
It’s formal structure that protects your home, car, and bank account if your business is sued.
A LLC can be used to run a business or hold assets like real estate, cars, boats, or planes.
It’s easy to set up an LLC in Rhode Island. Search the state database for your LLC’s name and choose your Registered Agent.
Then, send your Articles of Organisation to the Secretary of State and wait for your LLC to be accepted.
Your LLC can be filed by mail, online, or in person. No matter how you file for an LLC in Rhode Island, the fee is $150.
If you file by email, your LLC shall be accepted in 3–4 business days (plus the time it takes). If you file online, your LLC will be accepted in 3–4 business days. Filing your LLC in person will be accepted in a few hours or less.
Due to the current state of the world and government delays, it may take longer to file.
After your LLC is accepted, finish your LLC Operating Agreement and get your EIN Number (also called a Federal Tax ID Number) from the IRS. We give you a free working agreement template, and the IRS gives you a free EIN. Next, check to see if your business needs a Business Licence or other permits.
To stay in good standing with the RI Secretary of State, you must file a LLC Annual Report annually. The state has a $50 fee. And every year, your small business has to pay any due Rhode Island LLC Taxes. We suggest getting help from an expert
