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Starting a Business in Rhode Island

Use our business basics for guidance and help! We encourage you to review these business basics below before entering the Business Assistant.

Business Basics En Español

Your Plan

You should know your industry, who your target market is, and write down the goals for your business.

You can use the SBA Business Plan Guide and SCORE Business Plan
Template to help.

More about business planning

Your Name

Your business name is your company’s first impression. It should be unique, simple
and unforgettable.

Check to see if your business name is available and learn how to protect it.

More about name availability

Your Structure

Your business structure is the legal definition of how your business is organized. The structure you choose will directly affect your taxes, record keeping, liabilities, and financing.

More about business structures

Costs & Fees

You need a clear understanding of the basic fees associated with starting your business.

Did you know an LLC or other type of corporation, regardless of profit, will pay a minimum of $450 each year taxes and fees?

Search resources available

Employees

Are you planning to hire employees?
As an employer, you will need to know all of the labor regulations and payroll taxes required at the local, state,
and federal levels.

More about hiring

Choosing a Location

Before you commit to a location for your business, know what you’re getting into. Each city or town has zoning laws defining where and what type of business you can legally operate.

More about location

Start Business Assistant

The application will ask you questions about your business, and provide you with a list of licenses, regulations, and fees needed to get started.

DISCLAIMER

The content on this website is offered as a public service and should not be used as a substitute for legal, financial or tax advice from an attorney or a certified public accountant.