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 | |||
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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.
