
Office of the Rhode Island Office of the Secretary of State RI Gov Sos Ri Form
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People also ask
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How do I contact SOS RI?
Contact Information Office Phone: (401) 222-2357 TTY: 711 Fax: (401) 222-1356 Web: .sos.ri.gov2 more rows
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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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Who qualifies as a beneficial owner?
Definitions. What is a Beneficial Owner? Each individual with 25% or more equity interest in the legal entity, whether directly or indirectly (for certain clients, Fifth Third will advise if each individual with 10% or more equity interest is required).
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What is a RI SOS ID number?
Your Secretary of State ID is the number issued to you by the RI Secretary of. State Office. If you do not know what your Secretary of State ID is please. contact the Secretary of State at (401) 222-3040 or .sos.ri.gov/business/
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What happens if I don't file a beneficial ownership information report?
Failure to file may become extremely costly, with civil penalties starting at $500 per day and criminal penalties of up to $10,000 and/or two years in prison.
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What is an example of beneficial ownership?
Two individuals each hold 20% of a company's shares. One of those individuals can allow the other to control their votes. In that case, the individual with control over both shares is a beneficial owner of 40% of the company, even though they only legally own 20%.
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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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What is the new beneficial ownership rule?
A “beneficial owner” includes any individual who, directly or indirectly, exercises substantial control over a reporting company. An individual exercises “substantial control” over a reporting company if the individual meets any of four general criteria: The individual is a senior officer.
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