Ri Applicatoin for Limited Liability Entity License Form
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People also ask
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How long does it take to get an LLC in Rhode Island?
File Rhode Island Certificate of Formation Agency:Rhode Island Secretary of State Filing Method: Mail, in-person, or online. Agency Fee: $150 + $6 enhanced service Turnaround: ~7 business days by mail or online. Same day for in-person filings. Law: Rhode Island Limited Liability Company Act2 more rows
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How are LLCs taxed in Rhode Island?
By default, the LLC doesn't pay taxes on its income. Only the LLC members pay taxes on their share of the LLC's income. As an LLC member, you'll file a personal tax return and pay your share of the LLC's taxes to the Rhode Island Division of Taxation (DOT), part of the state's Department of Revenue.
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How long does it take to get an LLC in Rhode Island?
If you file your LLC by mail, it will be approved in 3-4 business days (plus mail time). But if you file online, your LLC will be approved in 3-4 business days. Please see How long does it take to get an LLC in Rhode Island to check for any delays.
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How much does it cost to start an LLC in RI?
Rhode Island LLC Formation Filing Fee: $150 The primary cost when starting a Rhode Island LLC is the $150 fee ($152.50 online) to register your business with the Rhode Island Department of State' Business Division.
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How much does it cost to open an LLC in Rhode Island?
Rhode Island LLC Formation Filing Fee: $150 The primary cost when starting a Rhode Island LLC is the $150 fee ($152.50 online) to register your business with the Rhode Island Department of State' Business Division.
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How to get an EIN number in RI?
We recommend applying for an EIN online if you have a SSN (Social Security Number) or ITIN (Individual Taxpayer Identification Number). This is the easiest filing method and it has the fastest approval time. Your EIN Number will be issued at the end of the online application, which takes about 15 minutes to complete.
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What is the tax rate for an LLC in Rhode Island?
As of 2023, the Rhode Island corporate tax rate generally is a flat 7% of net income with a $400 minimum tax. Use the state's corporation income tax return (Form RI-1120C) to pay this tax. You can file your return using the Tax Portal, Modernized e-file, or by paper.
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How do I maintain my LLC in Rhode Island?
Maintain Your Business in Rhode Island File an Annual Report. Business Corporations and Limited Liability Companies must file an annual report with the RI Department of State. ... Maintain a Registered Agent/Office. Maintain a valid registered agent and registered office on file with the RI Department of State. ... Pay Taxes.
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