Rhode Island LLC — Frequently Asked Questions
How much does it cost to form an LLC in Rhode Island?
The state filing fee to form an LLC in Rhode Island is $150. That's priced in the middle of the national range for LLC filing fees. On top of that, plan for $50 each year in annual report fees. $199 is what we charge for our filing service alone. $150 goes to the Rhode Island Secretary of State. Resident agent service costs $99/year (separate). EIN and an operating agreement are extra services we offer or you can handle yourself.
How long does it take to form an LLC in Rhode Island?
Standard processing runs 5-7 business days. If you pay $50 for expedited service, you can usually get to 24 hours. We file on your behalf and notify you as soon as the Rhode Island Secretary of State processes the formation.
Does Rhode Island require an annual report for LLCs?
Yes, every year. The fee is $50. Missing the filing deadline can lead to late fees and eventually administrative dissolution by the Rhode Island Secretary of State.
Do I need a resident agent for my Rhode Island LLC?
Yes. Every LLC registered with the Rhode Island Secretary of State is required to maintain a resident agent with a physical Rhode Island address. This is true from the moment you file your formation documents and remains true for as long as the LLC exists. We provide resident agent service as a separate $99/year subscription, not bundled into formation.
Can I form an LLC in Rhode Island if I live in another state?
Yes. You don't have to be a Rhode Island resident to form a Rhode Island LLC. You do, however, need a resident agent with a physical Rhode Island address — which we can provide as a separate $99/year service.
Do I need an operating agreement for my Rhode Island LLC?
Rhode Island doesn't require you to file an operating agreement with the state, but you absolutely should have one. Banks require it to open a business account. Courts rely on it in disputes. Without one, Rhode Island's default LLC rules apply — which may not match your intentions. We offer an operating agreement template as a separate add-on — not included in the $199 formation fee.
How do I get an EIN for my Rhode Island LLC?
Apply directly on IRS.gov — it's free and takes about 10 minutes. You'll receive your EIN immediately after completing the online application. Never pay a third party for an EIN. EIN application help is an optional add-on we offer separately. The IRS itself never charges for an EIN — you can apply at irs.gov for free in about ten minutes.
What's included in your formation service?
Our $199 service covers Articles of Organization preparation, review, and filing with the Rhode Island Secretary of State. The $150 state filing fee is paid separately. Registered agent service, operating agreement, and EIN assistance are available as separate optional services.
Still Have Questions?
We're here to help. Reach out Monday through Friday and we'll answer any questions about forming an LLC in Rhode Island or how our services work.