Rhode Island LLC Annual Report
LLCs formed in Rhode Island need to file this report with the Rhode Island Secretary of State each and every year. i.e., annually. Read about how to file this report.
File report online
Visit the official state government’s website to submit annual report online.
Visit Rhode Island official websiteWhat is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Limited liability
Personal assets are protected for people with limited liability when they are sued.
Corporation
A business entity that can issue shares and give limited liability to shareholders.
Members
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Sole proprietorship
Where an individual engages in business activity without formal organization.
Why file the report?
Rhode Island LLC Annual Report
An annual report is used to keep an LLC’s contact information up-to-date and to keep your LLC in compliance and in good standing with the state of Rhode Island.
Filed every year
Each and every LLCs formed in Rhode Island must file this report every year.
Update your business information
The annual report is primarily used to update business data such as the NAICS code, character of the business and/or names and addresses of the LLC managers.
File Online or via mail
Annual report can be filed either online or by mail.
Change in Business Address
You can also change your company address by updating it on the annual report when it is due.
Rhode Island actions
Here are some of the actions business owners can take in Rhode Island:
How to file Annual Report in Rhode Island?
Follow these steps:
1. Visit official website
Every Rhode Island LLC is required to file an annual report each year. Every year between February 1 and May 1 is the due date for your Rhode Island LLC annual registration. The earliest you may file is February 1.
Due
annually by May 1
The Annual report must be post marked, completed before May 1 to avoid late fee.
LLC Annual Report
Every LLC has to file this report in Rhode Island to stay compliant with the state laws.
Filing Annual Report
Rhode Island LLC is expected to file this report annually by May 1
File it online on Rhode Island Secretary of State website
Visit
Mail a form to Rhode Island Secretary of State website
PDF
Address
Division of Business Services
148 W. River Street
Providence, RI 02904
Online fee
$50
Online processing time
same day
Mailing fee
$50
Mail processing time
same day
Failure to pay
Rhode Island charges a $25 penalty for late filings. In addition, it can revoke an LLC's certificate of formation or certificate of authority for failure to file an annual report, resulting in loss of certain rights and privileges.
Note
It is due annually by May 1. You can start filing on February 1.
Articles of Organization
In Rhode Island, Articles of Organization is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Filing Articles of Organization
There are a couple of ways to file
Address
Division of Business Services
148 W. River Street
Providence, RI 02904
Online fee
$150
Online processing time
5 - 7 days
Mailing fee
$150
Mail processing time
5 - 7 days
Entity name
Every LLC should have a unique name in Rhode Island. Rhode Island maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Rhode Island corporate database tool to see if the name you want is available.
Searching fee
Free
Reservation
You can reserve a name for your LLC for a specific duration by paying reservation fees to the Rhode Island business portal. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
Reservation fee
$50
Reservation period
120 days
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
R.I. Gen. Laws §7-16-9
Visit
Here are some of the guidelines in simple language:
- 1
Shall end with either the words "limited liability company" or the upper or lower case letters "l.l.c." with or without punctuation.
- 2
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
- 3
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
- 4
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Frequently asked questions
LLC Annual Report in Rhode Island
It is very important to maintain full compliance in Rhode Island. Filing these reports helps you protect your personal assets by maintaining limited liability and also to be in good standing with the state. Read our guides to learn how to start and manage a business in Rhode Island.
Rhode Island LLC
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