Costs & Fees
Our Business Assistant will help you estimate the regulatory costs of conducting business in Rhode Island. Below is a chart that outlines some of the different business structures and the associated annual filing fees and taxes.
All registered for-profit business entities (Corporations, Limited Liability Companies, and Limited Partnerships) are required to pay at least a minimum annual tax of $400 to the RI Division of Taxation. This tax is owed whether or not business is actually conducted or a profit is made. The minimum annual tax is NOT pro-rated and will be owed regardless of how long the business operated in each calendar year.
|Foreign Limited Liability Company (LLC)||Foreign Business Corporation||Foreign Limited Partnership (LP)||Foreign Limited Liability Partnership (LLP)|
|Initial RI Dept. of State Filing Fee||$150||$310||$100||$1,000|
|RI Dept. of State Annual Report||$50||$50||N/A||N/A|
|RI Division of Taxation Minimum Corporate Tax||$400||$400||$400||$400|
Additional Licensing Fees
|Use our Business Assistant to gather licensing information for your specific business type.|
All registered businesses are responsible for paying these statutory fees and taxes each year until the business is formally dissolved. Administrative revocation of your foreign business registration is not a formal dissolution.