How much does it cost to form an LLC in Rhode Island?

$150 to file, and $550 across the whole first year once required reports and minimum state taxes are included. (HelpCompare is in development and this figure may not yet be fully verified — confirm against the state agency before relying on it.)

Does Rhode Island require an annual report for an LLC?

Yes. Rhode Island requires a Limited Liability Company Annual Report (Form 632), costing $50. Due annually between February 1 and May 1, EXCLUDING the calendar year in which the LLC was formed. (HelpCompare is in development and this figure may not yet be fully verified — confirm against the state agency before relying on it.)

What happens if I file late in Rhode Island?

Additional $25 penalty if not filed by May 31. (HelpCompare is in development and this figure may not yet be fully verified — confirm against the state agency before relying on it.)

Rhode Island · Limited liability company

What an LLC costs in Rhode Island

$550 in your first year. That's $150 to file with Rhode Island Department of State, Business Services Division, and about $450 a year to keep it in good standing after that.

First-year breakdown

State filing fee $150 One-time, paid when you form the LLC
Limited Liability Company Annual Report (Form 632) $50 Due annually between February 1 and May 1, EXCLUDING the calendar year in which the LLC was formed.
Other required first-year cost $350 Rhode Island imposes an annual MINIMUM ENTITY TAX of $400 on LLCs (RI Division of Taxation), owed regardless of income, separate from the SOS annual report.
Total, first year $550

Don't file on this alone. We're still verifying figures state by state. Open the source link below and confirm before you pay anything or rely on a deadline.

Verified Checked 10 Sep 2026 Source: docs.sos.ri.gov All sources

Keeping it alive

Your limited liability company annual report (form 632)

Filing	Limited Liability Company Annual Report (Form 632)
How often	annual
Fee	$50
When it's due	Due annually between February 1 and May 1, EXCLUDING the calendar year in which the LLC was formed.
If you're late	Additional $25 penalty if not filed by May 31.
If you keep ignoring it	Form 632 states that failure to file the annual report, or to maintain a registered agent/office, will result in revocation proceedings; exact statutory timeline not detailed.

State tax: Rhode Island imposes an annual MINIMUM ENTITY TAX of $400 on LLCs (RI Division of Taxation), owed regardless of income, separate from the SOS annual report.

What we're less sure about

Caveats on this page

$150 + $400 minimum entity tax = $550. The $50 SOS annual report is excluded because Form 632 explicitly excludes the incorporation year.
Whether the $400 minimum tax is prorated for a short first tax year is unresolved.
$6 'enhanced' online fee ambiguity unresolved.

Ready to file?

You can file directly with Rhode Island Department of State, Business Services Division yourself — that's always the cheapest route, and we link to the form above. If you'd rather someone handle the paperwork and act as your registered agent, we compare the services that do it.

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