The cost to start an LLC online in Rhode Island is $150. This fee pays to register your LLC and file Articles of Organization. Additional costs include: $50 Annual Report filing fee, Resident Agent Fee unless a professional service is hired.
Evaluating Necessity of Services
Evaluating necessity of services allows proper budgeting, avoiding surprises.
LLC Benefits
LLC benefits include protecting assets, beneficial tax options. Initial costs total $150 to file Articles of Organization. Annual costs consist of Annual Report filing fee and Registered Agent service. Extra expenses like $50 business name reservation and $50 "Doing Business As (DBA)" Name Registration may apply. Legal and accounting services may need budgeting for.
Knowing Rhode Island LLC costs allows entrepreneurs to determine if this business structure fits company goals and needs within budget. Making informed decisions helps unlock an LLC’s potential and achieve success.