Form an LLC in Rhode Island 2026 | $399 Total | USLLCGlobal
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Form an LLC in Rhode Island — or skip the queue with a ready-made company

You can register a Rhode Island LLC, and this page lays out the real fees, the $400 minimum tax and the steps. But most founders are better served by a ready-made Wyoming LLC that already has its EIN — full privacy, no state income tax, and you trade today.

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Rhode Island LLC formation — USLLCGlobal
$150 state filing fee Ready-made EIN already issued Wyoming privacy — no public owner register Same-day activation Transferred within 24 hours
Rhode Island, honestly

Why form an LLC in Rhode Island

Rhode Island is the smallest US state, with a strategic New England location between Boston and New York. Providence has a growing startup scene anchored by Brown University and RISD, and there are tax incentives for businesses physically operating in the state.

But the numbers matter. The $150 filing fee is higher than average, and the dealbreaker for most non-residents is the $400 minimum annual tax that applies to every LLC regardless of income — it is not pro-rated. Add income tax of up to 5.99% and 7% sales tax (the highest in New England), and Rhode Island becomes one of the most expensive states to maintain unless you are actually trading there.

The honest take: if you physically operate in Rhode Island, form here. If you just need a clean US company to bank and take payments, a ready-made Wyoming LLC that already has its EIN gets you trading today — with no state income tax and no $400 minimum tax. See Wyoming or browse available companies.

Form in Rhode Island yourself vs. buy ready-made Wyoming

 Form a Rhode Island LLC yourselfBuy ready-made Wyoming (USLLCGlobal)
Company existsAfter state approval (5–7 business days)Already registered
EIN issuedApply after formation; days–weeks (4–6 wks for non-residents)Already issued
Ready to bank & take paymentsWeeks once EIN landsWithin 24 hours
Minimum annual tax$400/year, every LLC, not pro-ratedNone — Wyoming has no minimum tax
State income taxUp to 5.99%None — Wyoming has no state income tax
Owner privacyStandard RI disclosureWyoming — no public owner list

Prefer to register in Rhode Island anyway? We can do that too — see our pricing below, or contact us and we'll file it for you.

Real numbers

Rhode Island LLC costs and fees

Complete fee breakdown for Rhode Island LLCs. State fees sourced from the Rhode Island Secretary of State.

FeeAmountWhen due
Articles of Organization$150One-time
Annual report$50/yearFeb 1 – May 1
Minimum annual tax$400/yearAll LLCs
24-hour expedited$50 additionalOptional
Registered agent$100–150/yearOngoing
$400 minimum annual tax. Every LLC in Rhode Island must pay $400/year to the Division of Taxation, regardless of income. It is not pro-rated.
If you form it yourself

Step-by-step: how to form a Rhode Island LLC

Step 1: Choose your LLC name

Your name must be distinguishable from existing entities and must include "LLC" or "Limited Liability Company." Check availability on the Rhode Island business search. Reserve a name for 120 days for $50.

Step 2: Appoint a registered agent

Every Rhode Island LLC needs a registered agent with a physical Rhode Island address (not a PO Box). USLLCGlobal includes one year of registered agent service in all packages.

Step 3: File Articles of Organization

File with the Rhode Island Secretary of State through the Rhode Island filing portal or by mail. Required information:

  • LLC name with designator
  • Registered agent name and address
  • LLC mailing address
  • Organizer name and address
  • Member-managed or manager-managed
  • $150 filing fee

Step 4: Create an Operating Agreement

Not legally required in Rhode Island but essential. Defines ownership, profit distribution, management, and exit provisions. Banks and the IRS expect to see it.

Step 5: Obtain an EIN

Your federal tax ID from the IRS. Required for bank accounts, hiring, and taxes. Non-residents can apply via Form SS-4 (4–6 weeks). USLLCGlobal handles EIN applications in every package. Note: a ready-made Wyoming LLC already has its EIN — no waiting.

Step 6: Open a US bank account

With your Articles of Organization, EIN, and Operating Agreement, open a US business account. Mercury, Relay, and Wise Business allow remote opening for non-residents.

Ongoing obligations

Annual compliance & Rhode Island taxes

Annual compliance requirements

What you need each year to keep your Rhode Island LLC in good standing:

  1. Annual report: Feb 1 – May 1. Fee $50. Late fee $25 after May 31.
  2. Minimum annual tax: $400 to Division of Taxation. All LLCs.
  3. Federal tax filing: Form 5472 for non-US owners. $25,000 penalty.
  4. RI state tax: Up to 5.99%.
  5. Registered agent: Maintain physical RI address.
  6. FinCEN BOI Report: File within 30 days.

Rhode Island taxes for LLCs

Tax typeRateNotes
Personal income taxUp to 5.99%Pass-through to members
Minimum annual tax$400All LLCs regardless of income
Gross receipts tax$0No gross receipts tax
State sales tax7%Highest in New England
Important tax note. Forming in Rhode Island does not eliminate federal US tax obligations. Non-resident owners must file Form 5472 annually ($25,000 penalty for non-filing). Consult a qualified tax professional.
Speed & trade-offs

Processing times, pros & cons

Processing times

OptionTimeFee
Standard5–7 business days$0 (included)
24-hour processingNext business day$50 additional

Pros and cons of a Rhode Island LLC

AdvantagesStrategic New England location; growing startup ecosystem; strong institutions (Brown, RISD); maritime industry advantages; moderate $50 annual report; tax incentives available.
Disadvantages$400 minimum annual tax on ALL LLCs; higher $150 filing fee; income tax up to 5.99%; 7% sales tax (highest in New England); small local market; not competitive for non-residents.
The bottom line. Rhode Island's $400 minimum annual tax is the dealbreaker for most non-resident filers. Form here only if you are physically operating in RI — otherwise a ready-made Wyoming LLC is faster, cheaper to maintain, and already has its EIN. Need Delaware for investors? See Delaware.

Our pricing

Rhode Island LLC formation

Domestic filers (US residents) — $399$249 service + $150 state fee.
International filers (non-US) — $499$349 service + $150 state fee.

Every package includes:

  • Articles of Organization filing with Rhode Island Secretary of State
  • One year registered agent service
  • Custom Operating Agreement
  • EIN application
  • Banking introduction letter
  • Digital delivery within 24 hours of approval
  • Compliance calendar
  • Dedicated support

No hidden fees. No upsells. The price listed is the price you pay. To register in Rhode Island, contact us and we'll set it up.

Faster and cheaper to maintain: a ready-made Wyoming LLC that already has its EIN, transferred within 24 hours, with no $400 minimum tax and no state income tax. Browse available companies →
Available now

Start trading today, not next month

Browse Wyoming companies that already exist and already have their EIN. Pick one, verify, and it's yours within 24 hours — or ask us to register your Rhode Island LLC instead.

Browse available companies →

Questions about Rhode Island LLCs

How much does a RI LLC cost?
$150 filing. Annual report $50 + $400 minimum tax. USLLCGlobal: $399 domestic / $499 international.
What is the $400 minimum tax?
Every RI LLC pays $400/year regardless of income. Not pro-rated.
How long does formation take?
5–7 business days. 24-hour expedited $50. (A ready-made Wyoming LLC is yours within 24 hours and already has its EIN.)
Does RI have income tax?
Yes, up to 5.99%, plus the $400 minimum tax.
Can a non-US resident form here?
Yes, but the $400 tax makes it expensive. Consider Wyoming or a ready-made company with its EIN already issued.
Is RI worth it?
Only if operating in RI. The $400 minimum tax makes it expensive otherwise.
When is the annual report due?
Feb 1 – May 1. Fee $50.
Does RI have sales tax?
Yes. 7% — highest in New England.
Explore more

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Last updated: June 2026