Rhode Island LLC: Key Data, Fees & Features
Your complete overview of $Rhode Island LLC costs, pros & cons, and key regulations. Make an informed decision with our up-to-date data.
State Filing Fee
$150
Processing Time
2-2 days
Annual Report Fee
$50
Anonymous LLC
No
Publication
No
Advantages
- Liability protection for personal assets against business debts and judgments
- Flexibility in management structure
- Option of choosing a default method of federal tax similar to sole proprietors and general partnerships, or being taxed more like a corporation
- Versatility in business operation
Disadvantages
- Annual report filing requirement
- Public record of registered agent information (unless a registered agent service is used)
- Startup costs including filing fee, annual report, taxes and licensing fees
Franchise Tax & State Requirements
Due annually between February 1 and May 1
Not specified in the provided text.
Frequently Asked Questions
Transparency & Data Sources
This review was last updated on $August 19, 2025 to ensure accuracy.
