Filing fee: $156 · Agency: Rhode Island Secretary of State
Processing time: 1 business day.
Annual report: Annual report fee: $50.
Franchise tax: 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.
Notes: Rhode Island requires a resident agent with a physical street address in the state; P.O. Boxes are not allowed. The $400 annual charge is mandatory regardless of income or business activity.