How Do I Register An LLC In Rhode Island?

by | Last updated on January 24, 2024

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  1. Choose a Name for Your LLC. ...
  2. Appoint a Resident Agent. ...
  3. File Articles of Organization. ...
  4. Prepare an Operating Agreement. ...
  5. Obtain an EIN. ...
  6. File Annual Reports.

Is a business license required in Rhode Island?

Not every Rhode Island business needs a license . However, many types of businesses either can or must get one or more license or permits. Apart from certain professional and occupational licenses (see below), a business may need a license or permit for so-called commercial purposes or in order to sell certain items.

How do I get a business license in RI?

Not every Rhode Island business needs a license . However, many types of businesses either can or must get one or more license or permits. Apart from certain professional and occupational licenses (see below), a business may need a license or permit for so-called commercial purposes or in order to sell certain items.

How do I start a sole proprietorship in RI?

  1. Choose a business name.
  2. File an assumed business name with the city or town clerk.
  3. Obtain licenses, permits, and zoning clearance.
  4. Obtain an Employer Identification Number.

How much does it cost to start a business in Rhode Island?

The cost to start a Rhode Island limited liability company (LLC) is $150 . This fee is paid to the Rhode Island Department of State when filing the LLC's Articles of Organization.

Do landscapers need a license in RI?

There are no state landscaper licensing requirements in Rhode Island.

How much does it cost to set up an LLC in RI?

Corporation Limited Liability Company (LLC)(L3C) Initial RI Dept. of State Filing Fee $230 $150 RI Dept. of State Annual Report $50 $50 RI Division of Taxation Minimum Corporate Tax $400* $400* Additional Licensing Fees Use our Business Assistant to gather licensing information for your specific business type.

Which is better LLC or sole proprietorship?

One of the key benefits of an LLC versus the sole is that a member's liability is limited to the amount of their investment in the LLC. Therefore, a member is not personally liable for the debts of the LLC. A sole proprietor would be liable for the debts incurred by the business.

How do I register my small business?

  1. Decide on a business structure. ...
  2. Register your business name. ...
  3. Register with the IRS and get a Federal Tax ID. ...
  4. Register with your state tax or revenue office. ...
  5. Register for the appropriate business licenses and permits.

Who was the proprietor of Rhode Island?

Roger Williams (c. 21 December 1603 – between 27 January and 15 March 1683) was a Puritan minister, theologian, and author who founded Providence Plantations, which became the Colony of Rhode Island and later the U.S. state of Rhode Island.

How do I incorporate in Rhode Island?

To start a corporation in Rhode Island, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Secretary of State, Division of Business Services. You can file this document online, by mail, or in person.

How do I register an S Corp in RI?

  1. Step 1: Name Your LLC. ...
  2. Step 2: Choose Your Rhode Island Registered Agent. ...
  3. Step 3: File the Rhode Island LLC Articles of Organization. ...
  4. Step 4: Create an LLC Operating Agreement. ...
  5. Step 5: Get an EIN and Complete Form 2553 on the IRS Website.

Is Rhode Island a good state for business?

Rhode Island finishes last in CNBC's 2019 Top States for Business rankings, its fifth time as bottom state. The state does poorly in the categories of Infrastructure, Economy and the Cost of Doing Business.

How do I get a sellers permit in RI?

How do you register for a sales tax permit in Rhode Island? You can register online, or by mailing a “Business Application and Registration Form” to Division of Taxation , One Capitol Hill, Providence, RI 02908 along with the $10 fee.

How do start my own business?

  1. Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. ...
  2. Write your business plan. ...
  3. Fund your business. ...
  4. Pick your business location. ...
  5. Choose a business structure. ...
  6. Choose your business name. ...
  7. Register your business. ...
  8. Get federal and state tax IDs.

How much is a business license?

The cost of your business license or permit depends on several factors, like license type, your location, processing fees and recurring fees. The average business license costs somewhere between $50 and a few hundred dollars plus renewal fees . However, Gilmer said some states have general business license requirements.

Maria LaPaige
Author
Maria LaPaige
Maria is a parenting expert and mother of three. She has written several books on parenting and child development, and has been featured in various parenting magazines. Maria's practical approach to family life has helped many parents navigate the ups and downs of raising children.