How to Start an LLC in Rhode Island

Last updated on 06 May 2025

How to Form an LLC in Rhode Island | Complete Guide

A Step-by-Step Guide

How to Form an LLC in Rhode Island

Forming an LLC in Rhode Island is a quick and efficient means of organizing your business while keeping your personal assets safe. If you're new to the process, it might be difficult, but by following these steps, you'll be on your way. This full guide will help you through the process of forming your LLC in Rhode Island.

What is an LLC?

Limited Liability Protection

An LLC (Limited Liability Company) is a type of business entity that gives personal liability protection to its owners (known as members). That is, your home or vehicle assets are usually shielded from any debt of the business or business law suits.

Tax Advantages

LLCs also get pass-through taxation, meaning profits get taxed only once on the personal tax return of the members.

Management Flexibility

Rhode Island LLCs provide flexibility in management structure, allowing you to choose between member-managed or manager-managed operations to suit your business needs.

Formation Process

Pick a One-of-a-Kind Name for Your LLC

Your first step is to choose a name for your LLC. The name of your LLC has to be distinctive and not claimed by an existing business in Rhode Island. You can see if your name is available through a business entity search at the website of the Rhode Island Secretary of State.

Required Words: Your LLC name should contain the words "Limited Liability Company" or their abbreviation "LLC" or "L.L.C."
Prohibited Words: The name should not have words that might confuse your business with a government agency (e.g., "FBI," "Treasury," "State Department").
Name Restrictions: Don't use words such as "Agency," "Board," or "Commission."
Domain Name: It's also a good idea to verify the availability of a corresponding domain name, particularly if you intend to have an online presence.

Select a Registered Agent

Every LLC in Rhode Island is required to have a registered agent. A registered agent receives important legal documents and official correspondence on behalf of your LLC.

Agent Options

This agent can be you, another member of your LLC, or a professional registered agent service. A professional service is often recommended because they ensure that you stay compliant with all state requirements and have a reliable point of contact.

Must maintain a registered agent with a business address in the state, able to accept deliveries during regular business hours.

Professional Services

Listed below are the two fantastic LLC registered agents offered in Rhode Island:

Best Rhode Island Registered Agent Services

ZenBusiness

ZenBusiness provides speedy LLC formation and reputable registered agent for $199 per year. Provides an intuitive platform to monitor and manage the filing of all essential documents pertaining to your LLC. They're reputed for good service and are good at doing whatever it takes.

Quick, guaranteed LLC registration
Complete compliance services
Simple online platform with document access

Best for: LLC Formation & Registered Agent Services

Price: $199 per year

Visit Site

Northwest Registered Agent

With more than 20 years of service, Northwest offers high-quality registered agent services for $125 per year. They provide a safe online portal and place strong emphasis on data security and privacy.

High-quality service at a reasonable price
Data privacy and security focus
Supports corporation and LLC registration in all 50 states

Best for: Experienced and Secure Registered Agent Services

Price: $125 per year

Visit Site

File Your LLC Formation Documents

After completing the above steps, you're ready to file your LLC formation documents, the Articles of Organization, with the Secretary of State in Rhode Island. You can file online or by mail.

Filing Fee

You'll have to pay a filing fee of $150.

Processing Times

If you file electronically, the process will be done promptly, usually in 5-7 business days. Same-day processing is often available for in-person filings.

Filing Options

Online: Filing online is the quickest and most convenient option.
Mail: You can send your documents by mail to the Rhode Island Secretary of State.
In-Person: You can file your documents in person for expedited service.

By Mail or In-Person Address:

Division of Business Services
148 W. River Street
Providence, Rhode Island 02904-2615

Once you've filed, your LLC is officially formed and you will receive a confirmation from the state.

After Forming Your LLC

After your LLC is duly registered, there are some additional things you'll want to do:

Keep Personal and Business Assets Separate

To protect your assets, maintain your business and personal finances separately. This involves opening a business bank account.

Hire an Accountant

An accountant would manage your finances, ensure you are paying the right kind of taxes, and avoiding costly mistakes.

Obtain an EIN

You will require an Employer Identification Number (EIN) if your LLC will have employees or if you intend to have a business bank account. The IRS issues EINs at no cost.

Get Business Insurance

Business insurance protects you against risks and liabilities. If you have employees, workers' compensation is a must also.

FAQs

How much does it cost to register an LLC in Rhode Island?

The filing fee to form an LLC in Rhode Island is $150.

Do I need a DBA (Doing Business As) name for my LLC?

Most LLCs in Rhode Island do not require a DBA unless you will be doing business under a name other than your LLC's statutorily registered name. If that is the case, you can obtain a DBA from the state.

How long does it take for Rhode Island to process Articles of Organization?

If you file by mail or online, processing usually takes 5-7 business days. Same-day processing is often available for in-person filings.

Must I file annual reports for my Rhode Island LLC?

Yes, Rhode Island does require LLCs to file an annual report and pay a fee of $50. The report must be filed annually by the anniversary date of your LLC's creation.

Can I establish an LLC in Rhode Island if I reside outside the state?

Yes, being a resident of Rhode Island is not a requirement for establishing an LLC there. But you will have to appoint a registered agent with a physical Rhode Island address.

Can I modify my LLC name once it has been registered?

Yes, you can change your LLC's name after registration by filing an Amendment to Articles of Organization with the Secretary of State and paying the fee.

Ready to Start Your Rhode Island LLC?

Creating an LLC in Rhode Island is an excellent option for those who want to have personal liability protection and the ability to conduct business in any number of ways. By following these guidelines and being mindful of state laws, you can create your LLC easily and effectively.

Get Started Today