Help Me With Sign Rhode Island Banking Word

Help me with industry sign banking rhode island word online

hi there I'm going to show you how to start a business in Rhode Island so this state the the filing procedures are really straightforward you're gonna be able to file either through the mail and in some cases online and the entire procedure shouldn't take you too long to get started right away there's the three main entity types listed at the top here we have corporations limited liability companies and partnerships each has their own pros and cons so we recommend that you seek legal advice before filing to go over the benefits of each entity type so with an entity type chosen we recommend that filers then perform a business entity search to check the availability of their business name this is really important because if you file with the Department of State using a business name that's already in use then your application will be rejected so click on this link here to find out more information about that so here we've provided links for each subcategory of corporation LLC and partnership and you can click on the link that corresponds to our business type to be taken to a more in-depth tutorial but the basic gist of it is that you will either be supplying your business information through the Department of State online filing portal or you'll be using a PDF application which you can download within these links that we've provided and if you're filing online you can pay the filing fee with your credit card or thrip subscription to the online account and if you're paying or excuse me if you're filing through the mail you can pay with a check made out to the Rhode Island Department of State and the filing fees that are required are all listed here so once your filing fees been paid online the online process will be complete though if you're filing through the mail you'll need to send your complete filing package to this address here and if you are a foreign applicant you need to also include a Certificate of Good Standing from the initial jurisdiction of formation and then you'll send all articles this address so that's it for the filing procedure I'm a couple of things to mention though before I sign off here is that we have the name reservation this is not required but if you'd like to reserve your business name you can do so for a period of 120 days and this will cost $50 and if you'd like more information on how to file this you can click on this link here the Certificate of Good Standing is sometimes called the certificate of existence or a certificate of status but it all means the same thing and that is a document that's used to prove the legitimacy of an entity to foreign officials and to financial institutions so if you're looking to expand outside of Rhode Island into a different state the foreign authorities of the other state might require you to provide a certificate of good standing so you can use the business entity search function to acquire your certificate of good standing click on this link here to do that in the agreement section here we've provided a corporate barla document the LLC operating agreement and a partnership agreement these documents can be used to strengthen the organizational structure of your business they may not be required but they can definitely benefit your structure of your internal affairs as they can problem they can define a number of provisions that were left undocumented during the initial registration procedure certain things like general meeting times or the rules and regulations that must be followed by each member of your entity so click on these links here to download a free template agreement in both Microsoft Word and PDF formats and lastly the employer identification number or ein is a number issued by the IRS and it's used by businesses to be identified for tax purposes so this is also required if you plan on hiring employees opening bank accounts or applying for any kind of financial aid as the business then you will be required to obtain the ein and this can be obtained for free both online and through the mail and you can find out how to do that by clicking on this link here so that's it for now I hope this tutorial helped good luck and take care