LLC Cost Calculators Rhode Island

Rhode Island LLC Cost Calculator

Calculate the total cost to form an LLC in Rhode Island. Filing fee: $150. Annual Report Fee: $50. Free Rhode Island LLC cost breakdown.

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$0$2,000

Pre-filled: Rhode Island Department of State

$0$2,000

Pre-filled: Rhode Island Department of State

$0$500

Additional Details

120

Year 1 Total Cost

$475.00

Estimated • Based on your inputs

Annual Ongoing Cost

$175.00

Detailed Breakdown

5-Year Total Cost$1,175.00
44%
Initial Formation Cost$300.00
11%
Projected Total Cost$1,175.00
44%

Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, tax, or legal advice. Consult a qualified professional for your specific situation.

Rhode Island Quick Facts
6.0% Income Tax Rate
1.12% Property Tax Rate
$83,504 Median Income
111.2 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

LLC formation costs in Rhode Island include the state filing fee ($150), the recurring annual report fee ($50/year), registered agent fees, and optional costs like an operating agreement. EIN registration with the IRS is free. This calculator provides a comprehensive first-year and multi-year cost projection for forming and maintaining an LLC in Rhode Island. This $50 is only the Department of State report fee. Every Rhode Island LLC must also pay a minimum annual tax of $400 to the RI Division of Taxation, so the real recurring floor is about $450 a year, not $50. The filing is due between February 1 and May 1.

Key State Information

Rhode Island LLC filing fee: $150. Annual Report Fee: $50/year. Rhode Island's LLC filing fee is moderate.

Standard financial formulas Pre-filled with documented data Estimates only — not financial advice
Data Source
Rhode Island Department of State — Costs and Fees
View Original Source | Source record reviewed | Review target: annually

Example Calculation

Let's calculate the cost to form and maintain an LLC in Rhode Island.

Forming a single-member LLC in Rhode Island: state filing fee $150, registered agent service (~$125/year), EIN from IRS (free), and a DIY operating agreement (free, or $500-$1,500 with an attorney). Rhode Island's annual report/franchise tax is $50/year.

Result: Year 1 total: approximately $275 (plus any optional attorney fees). Ongoing annual cost: approximately $175/year. Nationally, filing fees range from $35 (Montana) to $500 (Massachusetts) and recurring state costs range from $0 (several states) to $800/year (California) — so Rhode Island's cost may be far cheaper, or more expensive, than forming elsewhere. Don't form in Delaware or Wyoming just for their reputation — you'll still need to register as a foreign LLC at home and pay both states.

SC

StateCalc Team

Editorial Team

The StateCalc team builds free financial calculators using data from official government sources including the IRS, U.S. Census Bureau, BLS, and state revenue departments. All formulas are validated by an automated test suite and cross-referenced against published data.

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Frequently Asked Questions

How much does it cost to form an LLC in Rhode Island?

The state filing fee is $150. Including a registered agent ($0 if you serve as your own, $100-$300/year for a commercial service) and an operating agreement (free to write yourself, ~$150 from a template service), expect to pay $150 to $600 to form an LLC in Rhode Island. Ongoing costs are $50/year to the state, plus your registered agent.

Do I need a registered agent for my Rhode Island LLC?

Yes, Rhode Island requires every LLC to have a registered agent with a physical street address in the state. You can serve as your own agent for $0 if you have a Rhode Island address and are willing to have it appear on the public record, or hire a commercial registered agent service for $100-$300/year.

Does Rhode Island require an annual report for LLCs?

Yes. Rhode Island requires a recurring filing with a fee of $50, due between February 1 and May 1. Failure to file can result in administrative dissolution. This $50 is only the Department of State report fee. Every Rhode Island LLC must also pay a minimum annual tax of $400 to the RI Division of Taxation, so the real recurring floor is about $450 a year, not $50.

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