Forming an LLC in Rhode Island isn't as difficult as it may seem. In fact, most people find it to be the easiest step in starting their own business. All you have to do is follow the steps outlined below and you're on your way to starting your business. You can even form an LLC in just a few days. Follow these simple steps:

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File an Application for Certificate of Registration of Corporation or LLC. Contact the Secretary of State to file your application for a certificate of registration of the corporation. Alternately, you can file your Articles of Organization electronically. Once filed, you will need to contact the Rhode Island Corporation Commission to become a registered agent. Once the agent has been provided with an identification card from the Secretary of State, he or she will become the company's registered agent.

 

Filing the Articles of Organization. After being a registered agent, you'll need to file the Articles of Organization for your limited liability company. Contact a qualified formation service to help you with this process. The office of the Secretary of State has forms available online that you can download.

How to Form an LLC in Rhode Island

 

Register the LLC. After being a registered agent, your company must register its name with the secretary state. You can do this by contacting the office of the Secretary of State and completing the online registration form. Alternatively, you can visit the Federal Trade Commission's website to download a form. Fill in the required information and submit to the federal tax authorities.

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File the Annual Information Form. Once you are registered as a member of the LLC, you'll need to file an annual information form with the Secretary of State. Contact a qualified professional service to help you with this process. Once the form is filed, you'll be required to pay a state fee.

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Filing the Annual Information Report. After being registered as a member of the LLC, you'll need to file an annual report with the Secretary of State. Contact a qualified professional service to help you with this process. The form can be downloaded online from the state's website and printed out. Return to the office of the Secretary of State to provide the completed form to the concerned department for filing.

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File Your First Notice of Liability. A registered agent is not your only way to be a principal agent. The law requires that you also have a "principal office" in the state. Your office should be at the address provided by the Secretary of State or at the address of your registered agent in the case of LLCs with no principal office.

 

File Your Operating Agreement. An Operating Agreement is a document that sets forth the rules, policies, procedures, and other important details for the business. Unlike a general business plan, an Operating Agreement has to be filed along with your original articles of organization. You must also obtain a state permit for your principal office in Rhode Island.

 

Form a Business Bank Account. To conduct business in Rhode Island, you must maintain a business bank account. Most state bankers provide business credit cards and a debit card that can be used for cash deposits and other payments. To open an account, you must file a form with the state's Department of Business and Professional Regulations. In most cases, this form is called a "statement of authority". Once your application has been accepted, you will then be able to begin the formation process.

 

Form an LLC in Rhode Island. After you have established your business, you will need to decide how to incorporate it. If you are new to the state, your best bet is to utilize a professional service that can help you throughout the formation process. A skilled service will help you set up your LLC, collect the required documents, and help you complete any other tasks you may come across along the way. If you choose to go through the process on your own, remember that it will take quite some time. You will also need to pay a new business license fee, pay a filing fee, and pay a state fee.

 

Form an LLC in Rhode Island by Using a Registered Agent. In order to avoid paying the filing fees and use of a professional service, you should designate a qualified individual as your "resident agent" and he or she will serve as your agent on all legal paperwork. Your "resident agent" will be someone who reside in the state, is a United States citizen, and has been issued a driver's license. Remember that it is the duty of the registered agent to keep you informed about the status of any legal papers or actions. Failure to do so results in fines.

 

Form an LLC in Rhode Island by Using a Secretary-State License. All residents must file an application with the Secretary of State. Then, they must attend a training session given by an approved provider in the state. Once trained, they take an exam to become a licensed secretary-state agent. Once certified, a member-managed LLC can open a bookkeeping and accounting department, create its operating agreement, and choose its membership.

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