
To Return Your Completed Application Rhode Island Office of the Sos Ri Form
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People also ask
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How much does an LLC cost in RI?
Costs & Fees CorporationLimited 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.
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Does Rhode Island recognize single member LLC?
RI Filing requirements for LLCs If the LLC is treated as a corporation for federal tax purposes, it must file Form RI-1120C each year and pay the Rhode Island Corporate Income Tax. Rhode Island filing and payment requirements for LLCs apply to multi-member LLCs and single-member LLCs.
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How much does it cost to start an LLC in RI?
The cost of forming an LLC in Rhode Island Articles of organization: $150. Annual report: $50. Name reservation: $50. Certificate of Good Standing: $22.
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What is beneficial ownership in Rhode Island?
Beneficial Ownership Information (BOI) refers to the information that certain businesses must report to regulatory authorities, outlining details about the individuals who ultimately own or control the company.
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How much does it cost to renew a notary in RI?
The non-refundable fee to renew is $80. Your check or money order should be payable to RI Department of State.
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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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Is LLC good for small business?
An LLC lets you take advantage of the benefits of both the corporation and partnership business structures. LLCs protect you from personal liability in most instances, your personal assets — like your vehicle, house, and savings accounts — won't be at risk in case your LLC faces bankruptcy or lawsuits.
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How are LLCs taxed in Rhode Island?
LLCs in Rhode Island are taxed as pass-through entities by default. Rather than paying taxes at the entity level, LLCs pass profits and losses on to their members, who then pay taxes at the individual level. In Rhode Island, LLC members are subject to both federal and state personal income tax.
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